Mutual Release definition

Mutual Release is defined in Section 11.4(d).
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Mutual Release has the meaning set forth in the Recitals.
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Mutual Release means the release provision set forth in Section 10.2 of the Plan.
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Examples of Mutual Release in a sentence

  • The full amount of Termination Pay shall be paid in a lump sum in cash to the Executive within ten (10) days following receipt by the Company of a Mutual Release which is properly executed by the Executive; provided, however, that in the event applicable law allows the Executive to revoke the Mutual Release for a period of time, and the Mutual Release is not revoked during such period, the full amount of Termination Pay shall be paid to the Executive following the expiration of such period.

  • The Company agrees to execute such Mutual Release simultaneously.

  • However, if any provision of this Mutual Release is held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability will not affect any other provision, and this Mutual Release will be reformed, construed and enforced as though the invalid, illegal or unenforceable provision had never been herein contained.

  • Executive not may make any assignment of this Mutual Release or any interest herein, by operation of law or otherwise.

  • Upon Executive’s termination pursuant to Sections 3(c) or (d), and, in the event that Executive and the Company execute (and, if applicable, thereafter not revoke) the Mutual Release, the Company agrees to pay Executive, in lump sum, one year’s COBRA premiums for continuation of health and dental coverage in existence at the time of such termination, as determined as of Executive’s date of termination.


More Definitions of Mutual Release

Mutual Release means a mutual release in the form set forth in Exhibit 9 hereto.
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Mutual Release means the Mutual Release substantially in the form of Exhibit D.
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Mutual Release has the meaning given to it in Section 2.4(b).
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Mutual Release means the mutual release in the form attached hereto as Exhibit A.
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Mutual Release shall have the meaning referenced in Section 5.1.17 hereof.
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Mutual Release means the release by the Parties to be executed on or prior to the Closing, in the form attached hereto as Exhibit C.
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Mutual Release has the meaning specified in Section 2.6.
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