Common use of Cash Severance Benefit Clause in Contracts

Cash Severance Benefit. The Employee will be entitled to receive a cash payment equal to the following amount, as applicable (the “Cash Severance Benefit”), in a lump sum within sixty (60) days following the Employee’s Qualifying Termination:

Appears in 3 contracts

Samples: Severance Agreement (Vical Inc), Severance Agreement (Vical Inc), Severance Agreement (Vical Inc)

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Cash Severance Benefit. The Employee will be entitled to receive a cash payment equal to the following amount, as applicable (the “Cash Severance Benefit”), in a lump sum within sixty (60) days following the Employee’s Qualifying such Involuntary Termination:

Appears in 2 contracts

Samples: Management Continuity and Severance Agreement (Dynavax Technologies Corp), Management Continuity and Severance Agreement (Dynavax Technologies Corp)

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Cash Severance Benefit. The Employee will be entitled to receive a cash payment equal to the following amount, as applicable (the “Cash Severance Benefit”), in a lump sum within sixty (60) days following the Employee’s Qualifying Terminationsuch Involuntary Termination or Retirement, as applicable:

Appears in 1 contract

Samples: Management Continuity and Severance Agreement (Dynavax Technologies Corp)

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