Common use of Eligibility for Severance Benefits Clause in Contracts

Eligibility for Severance Benefits. A Participant is eligible for Severance Benefits, as described in Section 4, only if he or she experiences an Involuntary Termination. A Director is not eligible for Severance Benefits.

Appears in 10 contracts

Samples: Confidentiality Agreement (Lyft, Inc.), Employment Agreement (Lyft, Inc.), Participation Agreement (Lyft, Inc.)

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Eligibility for Severance Benefits. A Participant is eligible for Severance Benefits, as described in Section 4, only if he or she experiences an Involuntary Qualifying Termination. A Director is not eligible for Severance Benefits.

Appears in 4 contracts

Samples: Participation Agreement (DoorDash Inc), Participation Agreement (DoorDash Inc), Participation Agreement (DoorDash Inc)

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