Common use of Consequences of Termination of Employment Clause in Contracts

Consequences of Termination of Employment. Unless the Company requests otherwise in writing, upon termination of your employment for any reason, you will be deemed to have immediately resigned from all positions as an officer (and/or director, if applicable) with the Company (and its affiliates and or institutions) as of your last day of employment (the “Termination Date”). Upon termination of your employment for any reason, you will receive payment or benefits from the Company covering the following: (i) all unpaid salary and unpaid vacation accrued through the Termination Date, (ii) any payments/vested benefits to which you are entitled under the express terms of any applicable Company employee benefit plan, and (iii) any unreimbursed valid business expenses for which you have submitted properly documented reimbursement requests (collectively, (i) through (iii) are the “Accrued Pay”). You may also be eligible for other post-employment payments and benefits as provided in this Agreement.

Consequences of Termination of Employment. Unless the Company requests otherwise in writing, upon termination of your employment for any reason, you will shall be deemed to have immediately resigned from all positions as an officer (and/or director, if applicable) with the Company (and its affiliates and or institutionsaffiliates) as of your last day of employment (the “"Termination Date”"). Upon termination of your employment for any reason, you will shall receive payment or benefits from the Company covering the following: (i) all unpaid salary and unpaid vacation accrued through the Termination Date, (ii) any payments/vested benefits to which you are entitled under the express terms of any applicable Company employee benefit plan, and (iii) any unreimbursed valid business expenses for which you have submitted properly documented reimbursement requests and (iv) your then outstanding Prior Equity Awards as governed by their applicable terms (collectively, (i) through (iiiiv) are the “"Accrued Pay”"). You may also be eligible for other post-employment payments and benefits as provided in this Agreement.

Consequences of Termination of Employment. Unless the Company requests otherwise in writing, upon termination of your employment for any reason, you will understand and agree that you shall be deemed to have also immediately resigned from all positions as an officer (and/or director, if applicable) with the Company (and its affiliates and or institutionsaffiliates) as of your last day of employment (the “Termination Date”). Upon termination of your employment for any reason, you will shall receive payment or benefits from the Company covering the following: (i) all unpaid salary and unpaid vacation accrued through the Termination Date, (ii) any payments/vested benefits to which you are entitled under the express terms of any applicable Company employee benefit plan, and (iii) any unreimbursed valid business expenses for which you have submitted properly documented reimbursement requests and (iv) your then outstanding equity compensation awards as governed by their applicable terms (collectively, (i) through (iiiiv) are the “Accrued Pay”). You may also be eligible for other post-employment payments and benefits as provided in this Agreement.