Common use of Executive Obligations Clause in Contracts

Executive Obligations. Notwithstanding anything to the contrary contained herein, payment of any of the Severance Benefits will be conditioned upon (i) Executive continuing to comply with his or her obligations under his or her Confidential Information, Secrecy and Invention Agreement during the period of time in which Executive is receiving the Severance Benefits; and (ii) if Executive is a member of the Board, Executive’s resignation from the Board, to be effective no later than the date of Separation from Service (or such other date as requested by the Board).

Appears in 3 contracts

Samples: Change in Control and Severance Agreement (Fibrogen Inc), Change in Control and Severance Agreement (Fibrogen Inc), Change in Control and Severance Agreement (Fibrogen Inc)

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Executive Obligations. Notwithstanding anything to the contrary contained herein, payment of any of the Severance Benefits will be conditioned upon (i) Executive continuing to comply with his or her obligations under his or her [Confidential Information, Secrecy Information and Invention Agreement Assignment Agreement] during the period of time in which Executive is receiving the Severance Benefits; and (ii) if Executive is a member of the Board, Executive’s resignation from the Board, to be effective no later than the date of Separation from Service (or such other date as requested by the Board).

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Fibrogen Inc)

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