Execution of Separation Agreement. Should Employee wish to accept this Agreement, it must be signed and returned to by .
Execution of Separation Agreement. As a condition to receiving the Severance Pay or the Change in Control Payment set forth in Section 3.3 or [Section 3.4], respectively, Executive must execute and return to the Company, and not revoke any part of, a separation agreement containing a general release and waiver of claims against the Company and its respective officers, directors, stockholders, employees and affiliates with respect to Executive’s employment, and other customary terms, in a form and substance reasonably acceptable to the Company. The Company shall deliver to Executive such release within ten (10) days following Executive’s termination of employment and Executive shall deliver an original, signed release to the Company within twenty-one (21) days of receipt thereof (or such longer period as may be required by applicable law to constitute an effective release of all claims, but no longer than 45 days after the after receipt of the same from the Company) (the “Release Deadline”). Notwithstanding anything in this Agreement to the contrary, no payments pursuant to Section 3.3 or [Section 3.4] shall be made prior to the date that both # Executive has delivered an original, signed release to the Company and # the revocability period (if any) has elapsed without Employee having exercised Employee’s revocation rights (the “Release Effective Date”). Any payments that would otherwise be made during the first sixty (60) days following Executive’s termination of employment will be made on the 65th day following Employee’s termination of employment. If Executive does not deliver an original, signed release to the Company by the Release Deadline, # Executive’s rights shall be limited to those made available to Executive under Section 3.1 above, and # the Company shall have no obligation to pay or provide to Executive any amount or benefits described in Section 3.3 or [Section 3.4], or any other monies on account of the termination of Executive’s employment. Any obligation of the Company to provide the Severance Pay shall cease: # upon Executive’s death; # if Executive materially breached or breaches Executive’s contractual obligations to the Company, including those set forth in Article IV or Article V herein, or in the release agreement; or # if, after Executive’s termination, the Company discovers facts and circumstances that would have justified a termination for Cause.
Upon the terms and subject to the conditions herein, in consideration for the Additional Notes, MAST, on behalf of itself and each of the MAST Funds, hereby irrevocably waives any and all rights, interests and obligations that may be owed by GEG or Forest or any of their subsidiaries or affiliates to MAST or any MAST Fund under any provision of the Separation Agreement referring or relating to the MAST Owned Securities or the Indaba Agreements or, in each case, the rights of MAST, the MAST Funds and/or Steinberg thereunder.
Execution of Agreement. The Administrative Agent shall have received this Agreement, executed by an authorized officer of each Bank party hereto and by an authorized officer of the Company.
Execution of Agreement. This Agreement may be executed in any number of counterparts, each of which when executed and delivered shall be deemed to be an original, and such counterpart together shall constitute one and the same agreement. For the purposes of this Section, the delivery of a facsimile copy of an executed counterpart of this Agreement shall be deemed to be valid execution and delivery of this Agreement, but the party delivering a facsimile copy shall deliver an original copy of this Agreement as soon as possible after delivering the facsimile copy.
Execution of Agreement. This Agreement may be executed and delivered in any number of counterparts and by way of electronic signature and delivery, each such counterpart, when executed and delivered, shall be deemed an original, and all of which together shall constitute the same agreement. Except as expressly provided in this Agreement, each individual executing this Agreement on behalf of a Party has been duly authorized and empowered to execute and deliver this Agreement on behalf of said Party.
Execution of Agreement. Each Lender, the Agent and the Company shall have executed and delivered this Agreement.
SEPARATION. You and the Company agree that your Employment Agreement is terminated effective January 10, 2020 (the "Separation Date).
Separation. Effective as of March 1, 2022 (the “Separation Date”), Executive will separate from his position as an employee of the Company, and from any other advisory, director, and officer positions with the Company, and any parent or subsidiaries (as applicable). Executive agrees to execute any documents as necessary or desirable to effectuate any such separations. Effective as of the Separation Date, Executive shall no longer be employed by the Company, and shall refrain from any further representations that Executive is an employee or agent of the Company.
Separation. The Parties agree that Employee’s employment with the Company and any member of the Company Group will end effective as of the close of business on September 15, 2020 (the “Separation Date”). Until the Separation Date, the Parties agree that Employee shall continue to perform those job duties as directed by the Company or any member of the Company Group on an as-needed, when-requested basis. Accordingly, except for payment of: # Employee’s regular pay and benefits during the period leading up to the Separation Date, and # the Separation Pay, Additional Separation Pay, COBRA Premium Pay, Severance Benefits described herein, as applicable, Employee shall not be entitled to any other or future compensation (whether cash, equity, or otherwise), pay or benefits from any member of the Company Group after the Separation Date unless future consulting services or Employee’s time is utilized in accordance with Section 5(h) of this Separation Agreement are requested by any member of the Company Group.
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