Common use of Release of Employment Claims Clause in Contracts

Release of Employment Claims. Executive agrees, as a condition to receipt of the termination payments and benefits provided hereunder, that he will execute a release agreement, in a form satisfactory to the Company, releasing any and all claims arising out of Executive's employment (other than claims made pursuant to any indemnities provided under the articles or by-laws of the Company, under any directors or officers liability insurance policies maintained by the Company or enforcement of this Termination Agreement).

Appears in 19 contracts

Samples: Termination and Change of Control Agreement (Cuno Inc), Termination and Change of Control Agreement (Cuno Inc), Termination and Change of Control Agreement (Commercial Intertech Corp)

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Release of Employment Claims. Executive agrees, as a condition to receipt of the termination payments and benefits provided hereunder, that he will execute a release agreement, in a form satisfactory to the Company, releasing any and all claims arising out of Executive's employment employment, including claims arising under the Employment Agreement (other than claims made pursuant to any indemnities provided under the articles or by-laws of the Company, under any directors or officers liability insurance policies maintained by the Company or enforcement of this Termination Agreement).

Appears in 6 contracts

Samples: Termination and Change of Control Agreement (Walbro Corp), Termination and Change of Control Agreement (Walbro Corp), Termination and Change of Control Agreement (Walbro Corp)

Release of Employment Claims. The Executive agrees, as a condition to receipt of the termination payments and benefits provided hereunderfor in this Section 10, that he will execute a release agreement, in a form reasonably satisfactory to the Company, releasing any and all claims arising out of the Executive's ’s employment (other than claims made pursuant to enforcement of this Agreement, the Executive’s rights under any indemnities provided under the articles or by-laws of the Company’s incentive compensation and employee benefit plans and programs to which he is entitled under this Agreement, under and any directors claim for any tort for personal injury not arising out of or officers liability insurance policies maintained by the Company or enforcement related to his termination of this Termination Agreementemployment).

Appears in 5 contracts

Samples: Employment Agreement (CVS Corp), Employment Agreement (CVS Corp), Employment Agreement (CVS Corp)

Release of Employment Claims. Executive agrees, as a condition to receipt of the any termination payments and benefits provided hereunderfor in Section 7 (other than compensation and benefits earned through the date of termination), that he will execute a general release agreement, in a form reasonably satisfactory to the Company, releasing any and all claims arising out of Executive's employment (other than claims made pursuant to any indemnities provided under the articles or by-laws of the Company, under any directors or officers liability insurance policies maintained by the Company or enforcement of this Termination Agreement).

Appears in 4 contracts

Samples: Employment Agreement (Scientific Games Corp), Employment Agreement (Scientific Games Corp), Employment Agreement (Scientific Games Corp)

Release of Employment Claims. The Executive agrees, as a condition to receipt of the termination payments and benefits provided hereunderfor in this Section 9, that he will execute a release agreement, in a form reasonably satisfactory to the Company, releasing any and all claims arising out of the Executive's employment (other than claims made pursuant to enforcement of this Agreement, the Executive's rights under any indemnities provided under the articles or by-laws of the Company's incentive compensation and employee benefit plans and programs to which he is entitled under this Agreement, under and any directors claim for any tort for personal injury not arising out of or officers liability insurance policies maintained by the Company or enforcement related to his termination of this Termination Agreementemployment).

Appears in 4 contracts

Samples: Employment Agreement (Footstar Inc), Employment Agreement (Footstar Inc), Employment Agreement (Footstar Inc)

Release of Employment Claims. Executive agrees, as a condition to receipt of the any termination payments and benefits provided hereunderfor in Sections 6 and 7 herein (other than Compensation Accrued at Termination), that he will execute a general release agreement, in a form satisfactory to the Company, releasing any and all claims arising out of Executive's ’s employment (other than claims made pursuant to any indemnities provided under the articles or by-laws of the Company, under any directors or officers liability insurance policies maintained by the Company or enforcement of this Termination Agreement)Agreement and rights to indemnification under any agreement, law, Company organizational document or policy, or otherwise.

Appears in 2 contracts

Samples: Employment Agreement (Ims Health Inc), Employment Agreement (Ims Health Inc)

Release of Employment Claims. Executive agrees, as a condition to receipt of the any termination payments and benefits provided hereunderfor in Sections 6 and 7 herein (other than Compensation Accrued at Termination), that he will execute a general release agreement, in a form satisfactory to the Company, releasing any and all claims arising out of Executive's employment (other than claims made pursuant to any indemnities provided under the articles or by-laws of the Company, under any directors or officers liability insurance policies maintained by the Company or enforcement of this Termination Agreement)Agreement and rights to indemnification under any agreement, law, Company organizational document or policy, or otherwise.

Appears in 2 contracts

Samples: Employment Agreement (Ims Health Inc), Ims Health Incorporated (Ims Health Inc)

Release of Employment Claims. The Executive agrees, as a condition to receipt of the termination payments and benefits provided hereunderfor in this Section 10, that he will execute a release agreement, in a form reasonably satisfactory to the Company, releasing any and all claims arising out of the Executive's employment (other than claims made pursuant to enforcement of this Agreement, the Executive's rights under any indemnities provided under the articles or by-laws of the Company's incentive compensation and employee benefit plans and programs to which he is entitled under this Agreement, under and any directors claim for any tort for personal injury not arising out of or officers liability insurance policies maintained by the Company or enforcement related to his termination of this Termination Agreementemployment).

Appears in 2 contracts

Samples: Employment Agreement (Footstar Inc), Employment Agreement (Footstar Inc)

Release of Employment Claims. The Executive agrees, as a condition to receipt of the termination payments and benefits provided hereunderfor in this Section 8, that he will execute a release agreement, in a form reasonably satisfactory to the Company, releasing any and all claims arising out of the Executive's ’s employment (other than claims made pursuant to enforcement of this Agreement, the Executive’s rights under any indemnities provided under the articles or by-laws of the Company’s incentive compensation and employee benefit plans and programs to which he is entitled under this Agreement, under and any directors claim for any tort for personal injury not arising out of or officers liability insurance policies maintained by the Company or enforcement related to his termination of this Termination Agreementemployment).

Appears in 1 contract

Samples: Employment Agreement (Footstar Inc)

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Release of Employment Claims. The Executive agrees, as a condition to receipt of the termination payments and benefits provided hereunderfor in this Section 10, that he will execute a release agreement, in a form reasonably satisfactory to the Company, releasing any and all claims arising out of the Executive's employment (other than claims made pursuant to enforcement of this Agreement, the Executive s rights under any indemnities provided under the articles or by-laws of the Company's incentive compensation and employee benefit plans and programs to which he is entitled under this Agreement, under and any directors claim for any tort for personal injury not arising out of or officers liability insurance policies maintained by the Company or enforcement related to his termination of this Termination Agreementemployment).

Appears in 1 contract

Samples: Employment Agreement (Footstar Inc)

Release of Employment Claims. Executive agrees, as a condition to receipt of the any termination payments and benefits provided hereunderfor in Sections 6 and 7 herein (other than Compensation Accrued at Termination), that he will execute a general release agreement, in a substantially the form satisfactory set forth in Attachment A to the Companythis Agreement, releasing any and all claims arising out of Executive's employment (other than claims made pursuant to any indemnities provided under the articles or by-laws of the Company, under any directors or officers liability insurance policies maintained by the Company or enforcement of this Termination Agreement)Agreement and rights to indemnification under any agreement, law, Bank or Company organizational document or policy, or otherwise.

Appears in 1 contract

Samples: Employment Agreement (Rockville Financial Inc.)

Release of Employment Claims. Executive agrees, as a condition to receipt of the any termination payments and benefits provided hereunderfor in Section 7 (other than compensation and benefits earned through the date of termination), that he will execute a general release agreement, in a form reasonably satisfactory to the Company, releasing any and all claims arising out of Executive's employment (other than claims made pursuant to any indemnities provided under the articles or by-laws of the Company, under any directors or officers liability insurance policies maintained by the Company or enforcement of this Termination Agreement).

Appears in 1 contract

Samples: Employment Agreement (Scientific Games Corp)

Release of Employment Claims. Executive agrees, as a condition to receipt of the any termination payments and benefits provided hereunderfor in Sections 6 and 7 herein (other than Compensation Accrued at Termination), that he she will execute a general release agreement, in a form satisfactory to the Company, releasing any and all claims arising out of Executive's employment (other than claims made pursuant to any indemnities provided under the articles or by-laws of the Company, under any directors or officers liability insurance policies maintained by the Company or enforcement of this Termination Agreement), rights under the Promissory Note and Stock Pledge Agreement, and rights to indemnification under any agreement, law, Company organizational document or policy, or otherwise.

Appears in 1 contract

Samples: Ims Health Incorporated (Ims Health Inc)

Release of Employment Claims. Executive agrees, as a condition to ----------------------------- receipt of the any termination payments and benefits provided hereunderhereunder (other than salary earned through the date of termination), that he Executive will execute a general release agreement, in a form satisfactory to the Company, releasing any and all claims arising out of Executive's employment (other than claims made pursuant to any indemnities provided under the articles or by-laws of the Company, under any directors or officers liability insurance policies maintained by the Company or enforcement of this Termination Agreement).

Appears in 1 contract

Samples: Autotote Corp

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