Document ID: 10579

Text:
(e) Notwithstanding anything to the contrary in this Agreement, to the extent that any payments due under this Agreement as a result of the Employees termination of employment with the Company are subject to the Employees execution and delivery and non-revocation of the Release, (i)no such payments shall be made on or prior to the sixtieth (60th)day immediately following Employees date of termination (the Release Period), (ii)the Company shall deliver the Release to Employee no later than seven (7)days immediately following Employees date of termination, (iii)if, as of the Release Expiration Date, Employee has failed to execute the Release or has timely revoked his acceptance of the Release thereafter, Employee shall not be entitled to any payments or benefits otherwise conditioned on the Release, and (iv)if, as of the Release Expiration Date, Employee has executed the Release and has not revoked his acceptance of the Release thereafter, any such payments that are delayed pursuant to this Section8.06(e) shall be paid in a lump sum on the first regularly scheduled payroll date following the expiration of the Release Period, without interest. For purposes of this Section8.06(e), Release Expiration Date shall mean the date that is twenty- one (21)days following the date upon which the Company timely delivers the Release to Employee, or, in the event that Employees termination of employment is in connection with an exit incentive or other employment termination program (as such phrase is defined in the Age Discrimination in Employment Act of 1967 ), the date that is forty-five (45)days following such delivery date.

Named Entities:
62
72
TerminationDate
291
297
Act

Tokenized Text:
(
e
)
Notwithstanding
anything
to
the
contrary
in
this
Agreement
,
to
the
extent
that
any
payments
due
under
this
Agreement
as
a
result
of
the
Employees
termination
of
employment
with
the
Company
are
subject
to
the
Employees
execution
and
delivery
and
non-revocation
of
the
Release
,
(
i
)
no
such
payments
shall
be
made
on
or
prior
to
the
sixtieth
(
60th
)
day
immediately
following
Employees
date
of
termination
(
the
Release
Period
)
,
(
ii
)
the
Company
shall
deliver
the
Release
to
Employee
no
later
than
seven
(
7
)
days
immediately
following
Employees
date
of
termination
,
(
iii
)
if
,
as
of
the
Release
Expiration
Date
,
Employee
has
failed
to
execute
the
Release
or
has
timely
revoked
his
acceptance
of
the
Release
thereafter
,
Employee
shall
not
be
entitled
to
any
payments
or
benefits
otherwise
conditioned
on
the
Release
,
and
(
iv
)
if
,
as
of
the
Release
Expiration
Date
,
Employee
has
executed
the
Release
and
has
not
revoked
his
acceptance
of
the
Release
thereafter
,
any
such
payments
that
are
delayed
pursuant
to
this
Section8
.
06
(
e
)
shall
be
paid
in
a
lump
sum
on
the
first
regularly
scheduled
payroll
date
following
the
expiration
of
the
Release
Period
,
without
interest
.
For
purposes
of
this
Section8
.
06
(
e
)
,
Release
Expiration
Date
shall
mean
the
date
that
is
twenty
-
one
(
21
)
days
following
the
date
upon
which
the
Company
timely
delivers
the
Release
to
Employee
,
or
,
in
the
event
that
Employees
termination
of
employment
is
in
connection
with
an
exit
incentive
or
other
employment
termination
program
(
as
such
phrase
is
defined
in
the
Age
Discrimination
in
Employment
Act
of
1967
)
,
the
date
that
is
forty-five
(
45
)
days
following
such
delivery
date
.