Common use of Cessation of Compensation Clause in Contracts

Cessation of Compensation. In lieu of any severance under any severance plan that the Company may then have in effect, and subject to: (i) the receipt of a full and unconditional release from Employee in form and substance acceptable to the Company within sixty (60) days following the date of termination of employment of the Employee and the expiration of any revocation period applicable thereto; and (ii) any amounts owed by the Employee to the Company under any contract, agreement or loan document entered into after the date hereof (including, but not limited to, loans made by the Company to the Employee), the Company shall pay and provide to the Employee, and the Employee shall be entitled to receive, the following:

Cessation of Compensation. In lieu of any severance under any severance plan that the Company may then have in effect, and subject to: to (i) the receipt of a full and unconditional release from Employee in form and substance acceptable to the Company within sixty (60) days following the date of termination of employment of the Employee and the expiration of any revocation period applicable thereto; and (ii) any amounts owed by the Employee to the Company under any contract, agreement or loan document entered into after the date hereof which relates solely to his or her employment with the Company (including, but not limited to, loans made by the Company to the 5 Employee), the Company shall pay and provide to the Employee, and the Employee shall be entitled to receive, the followingfollowing amounts within thirty (30) days of the date of a termination of his or her employment:

Cessation of Compensation. In lieu of any severance under any severance plan that the Company may then have in effect, and subject to: to (i) the receipt of a full and unconditional release from Employee in form and substance acceptable to the Company within sixty (60) days following the date of termination of employment of the Employee and the expiration of any revocation period applicable thereto; and (ii) any amounts owed by the Employee to the Company under any 5 contract, agreement or loan document entered into after the date hereof which relates solely to his or her employment with the Company (including, but not limited to, loans made by the Company to the Employee), the Company shall pay and provide to the Employee, and the Employee shall be entitled to receive, the followingfollowing amounts within thirty (30) days of the date of a termination of his or her employment: