Compensation upon Separation due to Change in Control. Upon Separation from Service by the Company without Cause or by Employee for Good Reason within six (6) months after a Change in Control, and conditioned upon the existence of an Effective Release and Employee's continued compliance with the Restrictive Covenants Agreements and the terms thereunder, Employee shall be entitled to, in lieu of any other separation payment or severance benefit (including but not limited to the severance benefits provided for in Section 6(b) hereof):
Appears in 2 contracts
Samples: Employment Agreement (Novan, Inc.), Employment Agreement (Novan, Inc.)
Compensation upon Separation due to Change in Control. Upon Separation from Service by the Company without Cause or by Employee for Good Reason within six (6) months after a Change in Control, and conditioned upon the existence of an Effective Release and Employee's ’s continued compliance with the Restrictive Covenants Agreements and the terms thereunder, Employee shall be entitled to, in lieu of any other separation payment or severance benefit (including but not limited to the severance benefits provided for in Section 6(b) hereof):
Appears in 2 contracts
Samples: Employment Agreement (Novan, Inc.), Employment Agreement (Novan, Inc.)
Compensation upon Separation due to Change in Control. Upon Separation from Service termination of employment by the Company without Cause or upon the nonrenewal by Employee the Company of the Term under Section 1, or by Executive for Good Reason Reason, within six (6) months after a Change in Control, and conditioned upon the existence of an Effective Release and Employee's Executive’s continued compliance with the Restrictive Covenants Agreements and the terms thereunder, Employee Executive shall be entitled to, in lieu of any other separation payment or severance benefit available under any plan or otherwise (including but not limited to the severance benefits provided for in Section 6(b) hereof):
Appears in 1 contract
Samples: Employment Agreement (Novan, Inc.)
Compensation upon Separation due to Change in Control. Upon Separation from Service termination of employment by the Company without Cause or upon termination of employment by Employee Executive for Good Reason at the time of, or within six twelve (612) months after a Change in Control, and conditioned upon the existence of an Effective Release and Employee's continued Executive’s substantial and material compliance with the Restrictive Covenants Agreements Agreement and the terms thereunder, Employee and subject to Section 7(c) and Section 8, Executive shall be entitled to, in lieu of any other separation payment or severance benefit available under any plan or otherwise (including but not limited to the severance benefits provided for in Section 6(b) hereof):
Appears in 1 contract
Samples: Employment Agreement (Novan, Inc.)