Payment Contingencies. Payment to the Employee of the Twenty-Four Month Severance Payment, together with any other amounts to be paid to the Employee pursuant to this Paragraph 7, is contingent upon: (a) the Employee signing an agreement that releases the Company from actions, suits, claims, proceedings and demands related the period of employment and/or the termination of the employment; (b) the Company being permitted to offset from the severance pay hereunder any salary paid to the Employee during the ninety (90) day notice period (or such shorter period of time as may be provided for herein or otherwise agreed upon by the Company) if the Employee performs no services during such notice period; (c) the Employee returning, in good condition, all property belonging to Company; and (d) the Employee remaining in compliance with his obligations of confidentiality including, without limitation, the Employee's adherence to the restrictions placed upon his subsequent employment opportunities pursuant to Paragraph 8, below.
Payment Contingencies. Payment of any amounts to You hereunder is contingent upon (except in cases of death): (i) your first entering into an agreement that releases SSA, its subsidiaries, officers, directors and employees from actions, suits, claims, proceedings and demands related to your period of employment and/or your termination of employment; (ii) SSA being permitted to offset any salary paid to you during any notice period as provided for herein (or as otherwise agreed upon by SSA in writing or, if applicable, as may be required pursuant to any local law, regulation or statute) if You perform no services during such notice period; (iii) your returning, in good condition, all property belonging to SSA; and (iv) your remaining in compliance with his obligations of confidentiality including, without limitation, your adherence to any restrictions placed upon your subsequent employment opportunities pursuant to separate agreement with SSA. In addition, You agree that to the extent permitted by the local laws, the notice period(s) and severance payment obligations, as set forth in this Agreement shall be in lieu of any other obligations, statutory or otherwise, relating to your term of employment, notice obligations and/or termination of employment.
Payment Contingencies. Payment to the Employee of the Severance Payment, together with any other amounts to be paid to the Employee pursuant to this Paragraph 7, is contingent upon: (a) the Employee signing an agreement that releases the Company from actions, suits, claims, proceedings and demands related to the period of employment and/or the termination of employment; (b) the Employee returning, in good condition, all property belonging to Company; and (d) the Employee remaining in compliance with his obligations of confidentiality.
Payment Contingencies. Payment of any amounts to Employee hereunder is contingent upon (except in cases of death): (i) Employee first entering into an agreement that releases the Company, its subsidiaries, officers, directors and employees from actions, suits, claims, proceedings and demands related to Employee’s period of employment and/or Employee’s termination of employment; (ii) the Company being permitted to offset any salary paid to Employee during any notice period as provided for herein (or as otherwise agreed upon by the Company in writing or, if applicable, as may be required pursuant to any local law, regulation or statute) if Employee performs no services during such notice period; (iii) Employee returning, in good condition, all property belonging to the Company; and (iv) Employee remaining in compliance with his obligations of confidentiality including, without limitation, Employee’s adherence to any restrictions placed upon Employee’s subsequent employment opportunities pursuant to separate agreement with the Company. In addition, Employee agrees that to the extent permitted by the local laws, the notice period(s) and severance payment obligations, as set forth in this Agreement shall be in lieu of any other obligations, statutory or otherwise, relating to Employee’s term of employment, notice obligations and/or termination of employment.
