Common use of Supplemental Release Clause in Contracts

Supplemental Release. Upon termination of the Consulting Agreement and subject to the Company’s satisfaction of its obligations under this Consulting Agreement and the Separation Agreement, Consultant agrees to execute the Supplemental Release attached hereto as Exhibit B (“Supplemental Release”). Consultant agrees that his failure to execute and return the Supplemental Release within five (5) business days of the termination of the Consulting Agreement shall entitle the Company to immediately recover and/or cease providing the consideration promised in the Consulting Agreement and Consultant will not be entitled to receive any additional payments or benefits under this Consulting Agreement (including the Additional Benefit).

Appears in 1 contract

Sources: Separation Agreement (Maxlinear Inc)

Supplemental Release. Upon termination of the Consulting Agreement and subject to the Company’s satisfaction of its obligations under this Consulting Agreement and the Separation Agreement, Consultant Employee agrees to execute the Supplemental Release attached hereto as Exhibit B (“Supplemental Release”). Consultant Employee agrees that his failure to execute executive and return the Supplemental Release within five (5) business days of the termination of the Consulting Agreement shall entitle the Company to immediately recover and/or cease providing the consideration promised in the Consulting Agreement Agreement. Employee further agrees that he shall be responsible to the Company for all costs, attorneys’ fees, and Consultant will not be entitled any and all damages incurred by the Company in the bringing of any action to receive any additional payments or benefits under this recover the consideration paid pursuant to the Consulting Agreement (including the Additional Benefit)Agreement.

Appears in 1 contract

Sources: Separation Agreement (Maxlinear Inc)

Supplemental Release. Upon termination of the Consulting Agreement and subject to the Company’s satisfaction of its obligations under this Consulting Agreement and the Separation Agreement, Consultant Employee agrees to execute the Supplemental Release attached hereto as Exhibit B (“Supplemental Release”). Consultant Employee agrees that his failure to execute and return the Supplemental Release within five (5) business days of the termination of the Consulting Agreement shall entitle the Company to immediately recover and/or cease providing the consideration promised in the Consulting Agreement Agreement. Employee further agrees that he shall be responsible to the Company for all costs, attorneys’ fees, and Consultant will not be entitled any and all damages incurred by the Company in the bringing of any action to receive any additional payments or benefits under this recover the consideration paid pursuant to the Consulting Agreement (including the Additional Benefit)Agreement.

Appears in 1 contract

Sources: Separation Agreement (Maxlinear Inc)

Supplemental Release. Upon termination of the Consulting Agreement and subject to the Company’s satisfaction of its all material obligations under pursuant to this Consulting Agreement and the Separation Consulting Agreement, Consultant Employee agrees to execute the Supplemental Release attached hereto as Exhibit B (“Supplemental Release”). Consultant Employee agrees that his failure to execute and return the Supplemental Release within five (5) business days of the termination of the Consulting Agreement shall entitle the Company to immediately recover and/or cease providing the consideration promised in the Consulting Agreement and Consultant will not be entitled to receive any additional payments or benefits under this Consulting Agreement (including the Additional Benefit)Agreement.

Appears in 1 contract

Sources: Separation Agreement (Maxlinear Inc)