Indebtedness of Executive. If Executive is indebted to FivePrime on the effective date of a Change in Control Termination or Covered Termination, FivePrime reserves the right to offset any severance payments and benefits under this Agreement by the amount of such indebtedness.
Appears in 5 contracts
Samples: Executive Severance Benefits Agreement (Five Prime Therapeutics Inc), Executive Severance Benefits Agreement (Five Prime Therapeutics Inc), Executive Severance Benefits Agreement (Five Prime Therapeutics Inc)