Common use of Executive Obligations Clause in Contracts

Executive Obligations. Notwithstanding anything to the contrary contained herein, payment of any of the CIC Benefits or Severance Benefits will be conditioned upon (i) Executive continuing to comply with his or her obligations under the Confidentiality and Intellectual Property Agreement (or such similar form that Executive previously executed in connection with his or her employment) during the period of time in which Executive is receiving the CIC Benefits or Severance Benefits; and (ii) Executive’s resignation from all positions with the Company, any subsidiaries and affiliates, and the Board (as applicable), to be effective no later than the date of Separation from Service (or such other date as determined by the Board).

Appears in 15 contracts

Samples: Executive Agreement (Instructure Holdings, Inc.), Release Agreement (Instructure Holdings, Inc.), Release Agreement (Instructure Holdings, Inc.)

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Executive Obligations. Notwithstanding anything to the contrary contained herein, payment of any of the CIC Benefits or Severance Benefits will be conditioned upon (i) Executive continuing to comply with his or her obligations under the Confidentiality and Intellectual Property Agreement (or such similar form that Executive previously executed in connection with his or her employment employment) during the period of time in which Executive is receiving the CIC Benefits or Severance Benefits; and (ii) Executive’s resignation from all positions with the Company, any subsidiaries and affiliates, and the Board (as applicable), to be effective no later than the date of Separation from Service (or such other date as determined by the Board).

Appears in 2 contracts

Samples: Release Agreement (Instructure Holdings, Inc.), Release Agreement (Instructure Intermediate Holdings I, Inc.)

Executive Obligations. Notwithstanding anything to the contrary contained herein, payment of any of the CIC Benefits or Severance Benefits will be conditioned upon (i) Executive continuing to comply with his or her Executive’s obligations under the Confidentiality Proprietary Information and Intellectual Property Inventions Agreement (or such similar form that Executive previously executed in connection with his or her Executive’s employment) during the period of time in which Executive is receiving the CIC Benefits or Severance Benefits; and (ii) Executive’s resignation from all positions with the Company, any subsidiaries and affiliates, and the Board (as applicable), to be effective no later than the date of Separation from Service (or such other date as determined by the Board).

Appears in 2 contracts

Samples: Change in Control and Severance Agreement (New Relic, Inc.), Change in Control and Severance Agreement (New Relic, Inc.)

Executive Obligations. Notwithstanding anything to the contrary contained herein, payment of any of the CIC Benefits or Severance Benefits will be conditioned upon (i) Executive continuing to comply with his or her obligations under the Confidentiality Proprietary Information and Intellectual Property Inventions Agreement (or such similar form that Executive previously executed in connection with his or her employment employment) during the period of time in which Executive is receiving the CIC Benefits or Severance Benefits; and (ii) Executive’s resignation from all positions with the Company, any subsidiaries and affiliates, and the Board (as applicable), to be effective no later than the date of Separation from Service (or such other date as determined by the Board).

Appears in 1 contract

Samples: Release Agreement (eASIC Corp)

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Executive Obligations. Notwithstanding anything to the contrary contained herein, payment of any of the CIC Benefits or Severance Benefits will be conditioned upon (i) Executive continuing to comply with his or her obligations under the Confidentiality Confidential Information and Intellectual Property Inventions Agreement (or such similar form that Executive previously executed in connection with his or her employment employment) during the period of time in which Executive is receiving the CIC Benefits or Severance Benefits; and (ii) Executive’s resignation from all positions with the Company, any subsidiaries and affiliates, and the Board (as applicable), to be effective no later than the date of Separation from Service (or such other date as determined by the Board).

Appears in 1 contract

Samples: Release Agreement (Zulily, Inc.)

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