Common use of Exclusivity of Payments and Benefits Clause in Contracts

Exclusivity of Payments and Benefits. This agreement supersedes all prior agreements you may have with us regarding compensation or benefits that may become payable in connection with a change in control of the Company (whether or not the change in control constitutes a Change in Control), including any provision contained in any employment agreement, offer letter, or change-in-control agreement. You acknowledge and agree that any payments received pursuant to this agreement shall be in lieu of any payments the Company would otherwise make to you under the Company’s general severance policy, as such policy may be revised, amended or administered from time to time. Except as otherwise provided in this Section 4, nothing in this agreement will prevent or limit your continuing or future participation in any Company plan, policy, or practice for which you may qualify.

Appears in 4 contracts

Samples: Change in Control Agreement (Halozyme Therapeutics Inc), Change in Control Agreement (Halozyme Therapeutics Inc), Change in Control Agreement (Halozyme Therapeutics Inc)

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