The Wolfes Clause Samples

The Wolfes. Immediately upon execution of this Agreement, the Wolfes will deposit or cause to be deposited with the depository the executed Agreement, the SCI stock, together with fully executed stock powers, $450,000, and releases, in the forms attached hereto as Exhibit 2, executed by Ka▇▇▇ ▇▇▇▇▇, Ja▇▇▇ ▇▇▇▇▇ ▇nd Er▇▇ ▇▇▇▇▇ ▇emoving and releasing SCI as a party to the employment agreements of such individuals with HMT and acknowledging that SCI shall not be liable for any benefits provided thereunder as of the passage of title of the HMT Stock to the Wolfes pursuant to the terms of this Agreement.