Examples of Effective Date of the Release in a sentence
No Severance Benefits or Change in Control Severance Benefits will be paid hereunder prior to the Effective Date of the Release.
For the avoidance of doubt, Plaintiff agrees that this Settlement Agreement and the releases contained herein shall fully and completely resolve any past, present or future liability that any Releasee may have arising from, relating to or based on the Covered Conduct occurring prior to the Effective Date of the Release, whether in the Actions or otherwise.
On the Effective Date of the Release, Plaintiff and each Releasor shall be deemed to have fully, finally and forever released all Releasees from all Released Claims.
Such payment shall be made within ten (10) days following the Effective Date of the Release.
The CIC Cash Compensation Amount will be paid in one lump sum within ten (10) days following the Effective Date of the Release.
When requesting the release of maintenance, the following information will be required to be submitted along with the request for the release of maintenance:• Last Day of Pay Item Work• List of attendees of final inspection• Date the Punch List was completed• Effective Date of the Release of MaintenanceUpon receiving authority from MDOT, the LPA will, in turn, issue a similarly worded release of maintenance to the contractor within seven days.
If the Executive does not revoke, the eighth day after the Release is signed by all parties will be the "Effective Date" of the Release.
Subject to Section 10 below, the Severance Payments shall be made on the Company’s regular payroll schedule in effect following Executive’s termination date; provided, however that any such payments that are otherwise scheduled to be made prior to the Effective Date of the Release (as defined below) shall instead accrue and be made on the first regular payroll date following the Effective Date of the Release.
For tax purposes, an Employee Expense Report is considered submitted when the employee has signed and dated it.
The CIC severance benefits shall be paid subject to the same preconditions and on the same terms and conditions applicable to the Severance Benefits; provided, however, that the CIC Cash Severance shall be paid in the form of a lump sum within ten (10) business days of the Effective Date of the Release required under Section 9(g)(ii) (Preconditions).