Common use of Involuntary Termination Generally Clause in Contracts

Involuntary Termination Generally. If the Employee’s employment terminates as a result of Involuntary Termination, except by such Involuntary Termination as provided in Section 3(b) below, and provided the Employee provides a valid and effective Release of Claims not later than sixty (60) days after such termination, the Company will pay the Employee the following severance benefits:

Appears in 10 contracts

Samples: Severance Rights Agreement, Severance Rights Agreement (Neophotonics Corp), Severance Rights Agreement (Neophotonics Corp)

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Involuntary Termination Generally. If the Employee’s employment terminates as a result of Involuntary Termination, except by such Involuntary Termination as provided in Section 3(b) below, and provided the Employee provides a valid and effective Release of Claims not later than sixty thirty (6030) days after such termination, the Company will pay or will cause the Employer to pay, as applicable, the Employee the following severance benefits:: NeoPhotonics Corporation Confidential Information

Appears in 1 contract

Samples: Severance Rights Agreement (Neophotonics Corp)

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