Common use of Final Pay and Benefits Clause in Contracts

Final Pay and Benefits. You acknowledge and agree that the Company has provided you with your final pay, less lawful deductions (the “Final Pay”) through the Separation Date, in a timely manner and in accordance with your state’s law. Whether or not you execute this Agreement, you will be entitled to, and are not releasing your rights to, any benefits required to be provided to you pursuant to any employee benefit plans in which you are a participant. You may also have rights to continue your group health coverage under the federal law commonly called “COBRA,” or a state law equivalent.

Appears in 3 contracts

Samples: Separation Agreement (Telesis Bio Inc.), Separation Agreement (Telesis Bio Inc.), Separation Agreement (Tarsus Pharmaceuticals, Inc.)

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Final Pay and Benefits. You acknowledge and agree that the Company has provided you with your final pay, less lawful deductions (the “Final Pay”) through the Separation Date, in a timely manner and in accordance with your state’s law. Whether or not you execute this Agreement, you will be entitled to, and are not releasing your rights to, any benefits required to be provided to you pursuant to any employee benefit plans in which you are a participant. You may also have rights to continue your group health coverage under the federal law commonly called “COBRA,” or a state law equivalent.

Appears in 1 contract

Samples: Separation Agreement (Aldeyra Therapeutics, Inc.)

Final Pay and Benefits. You acknowledge and agree that the Company has provided you with your final pay, less lawful deductions (the “Final Pay”) through the Separation Date, in a timely manner and in accordance with your state’s law. Whether or not you execute this AgreementRelease, you will be entitled to, and are not releasing your rights to, any benefits required to be provided to you pursuant to any employee benefit plans in which you are a participant. You may also have rights to continue your group health coverage under the federal law commonly called “COBRA,” or a state law equivalent.

Appears in 1 contract

Samples: Transition Agreement (Flywire Corp)

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Final Pay and Benefits. You acknowledge and agree that the Company has provided you with your final pay, less lawful deductions (the “Final Pay”) through the Separation Date, in a timely manner and in accordance with your state’s or commonwealth’s law. Whether or not you execute this Agreement, you will be entitled to, and are not releasing your rights to, any benefits required to be provided to you pursuant to any employee benefit plans in which you are a participant. You may also have rights to continue your group health coverage under the federal law commonly called “COBRA,” or a state or commonwealth law equivalent.

Appears in 1 contract

Samples: Separation Agreement (Tarsus Pharmaceuticals, Inc.)

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