Certain Specific Acknowledgments Contract Clauses (9)

Certain Specific Acknowledgments. Executive expressly acknowledges and agrees that, as of and following the date of Executive's termination of employment with the Company, Executive has no further right to, and the Company shall not pay or provide to Executive, any Company-provided perquisites or fringe benefits (except as expressly provided in paragraph 2 of this Release, or any continuation of benefits required under the Consolidated Omnibus Reconciliation Act of 1985 (commonly known as "COBRA") at Executive's sole cost and ex...pense). Executive shall have until November 20, 2019 to collect his personal effects (at his expense) from Company-owned or Company-leased premises in Dallas, Texas, and New York, New York (after which period Executive acknowledges and agrees that the Company may dispose of any such personal effects at its discretion). Executive shall provide to the Company a list of Executive's property and personal effects, and the Company and Executive agree to review such list in good faith following the execution of this Release and to use reasonable best efforts to mutually agree on the final contents of such list following a review of the items in such Company-owned or Company-leased premises; provided, however, that Executive expressly acknowledges and agrees that no proprietary or confidential information of the Company or its Affiliates (as described in Section 8(b) of the Employment Agreement) shall constitute Executive's personal property, and that Executive shall return all such proprietary or confidential information to the Company (or, in the case of such information stored on Executive's electronic devices, delete such information). The Company expressly acknowledges and agrees that Executive shall be entitled to retain the Company owned electronic devices Executive currently uses, subject to removal of any proprietary and confidential information of the Company or its Affiliates (as described in Section 8(b) of the Employment Agreement) from such devices. The Company expressly acknowledges and agrees that, within 30 days following the Termination Date (provided that, in the case of (iii) this may be transferred within 30 days following the closure of its office in Dallas, Texas), it shall take all necessary steps to transfer ownership of the following Dallas, Texas numbers (which Executive owned prior to his employment with the Company) back to Executive: (i) XXX-XXX-XXXX, (ii) XXX-XXX-XXXX, and (iii) XXX-XXX-XXXX. As of the Termination Date, Executive hereby resigns from his position as a member of the Board of Directors of the Company, and from all fiduciary positions (including as trustee) and from all other offices and positions he holds with the Company and any of its affiliates. View More