Common use of Severance Agreement Clause in Contracts

Severance Agreement. Any payments of compensation made pursuant to Sections 4 and 5, except for the cash compensation related to the Premium Priced Options set forth in Section 3.10, are contingent on Executive executing the Company's standard severance agreement, including a general release of the Company, its owners, partners, stockholders, directors, officers, employees, independent contractors, agents, attorneys, representatives, predecessors, successors and assigns, parents, subsidiaries, affiliated entities and related entities.

Severance Agreement. Any payments of compensation made pursuant to Sections 4 and 5, except for the cash compensation related to the Premium Priced Options set forth in Section 3.10, 5 are contingent on Executive executing the Company's standard severance agreement, including a general release of the Company, its owners, partners, stockholders, directors, officers, employees, independent contractors, agents, attorneys, representatives, predecessors, successors and assigns, parents, subsidiaries, affiliated entities and related entities.