Common use of Cancellation and Refund of Termination Benefits for Subsequently Discovered Cause Clause in Contracts

Cancellation and Refund of Termination Benefits for Subsequently Discovered Cause. Notwithstanding any provision of this Agreement to the contrary, if after and within one (1) year of your termination of employment, the Company becomes aware of facts that would have allowed the Company to terminate your employment for Cause under Section 4(c)(ii) or 4(c)(iii), then without regard to any notice or cure periods in Section 4(c), to the extent permitted by law:

Appears in 5 contracts

Samples: Employment Agreement (Kalobios Pharmaceuticals Inc), Employment Agreement (Kalobios Pharmaceuticals Inc), Employment Agreement (Kalobios Pharmaceuticals Inc)

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Cancellation and Refund of Termination Benefits for Subsequently Discovered Cause. Notwithstanding any provision of this Agreement to the contrary, if after and within one (1) year of your termination of employment, the Company becomes aware of facts that would have allowed the Company to terminate your employment for Cause under Section 4(c)(ii) or 4(c)(iii4(c), then without regard to any notice or cure periods in Section 4(c), to the extent permitted by law:

Appears in 4 contracts

Samples: Employment Agreement (Kalobios Pharmaceuticals Inc), Employment Agreement (Kalobios Pharmaceuticals Inc), Employment Agreement (Kalobios Pharmaceuticals Inc)

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