Severance Preconditions

Severance Preconditions. For the purposes of this Agreement, the "Severance Preconditions" shall mean that (i) the Executive has executed and not revoked within the applicable revocation period a separation agreement and general release in a form and substance reasonably satisfactory to the Company (the "Release") and such Release becomes effective and irrevocable within sixty (60) days following the Executive's employment termination date (such 60-day period, the "Release Execution Period"); (ii) the Executive remains... in compliance with the CIIAA; and (iii) the Executive has provided to the Company the written resignations set forth in Section 3(h). View More

Severance Preconditions. Means (i) the Company has received Executive's executed Release; (ii) any rescission period applicable to Executive's executed Release has expired such that the Release is effective; (iii) Executive has unconditionally resigned from the Board and any other positions held with the Company; and (iv) Executive is and remains in compliance with applicable post-employment confidentiality obligations and restrictive covenants.