Multiple Payments Sample Clauses

Multiple Payments. Employer agrees to continue payments to the Employee at their standard pay of $_________________ ending on _________________, 20____ with payment(s) to be processed, at the same interval while employed, on a ☐ weekly ☐ bi-weekly ☐ monthly ☐ _________________ basis ("Severance Payment(s)"). Such continuation of pay shall be contingent upon the execution and non-revocation of this Agreement. Employee shall make it known to the Employer if he or she prefers to have their Severance Payment(s) deposited or delivered in a different manner than while employed. Employee agrees that the Severance Payment(s) is more than what the Employer is required to pay under its standard policies and procedures.
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Multiple Payments. If any upfront payment or Non-Sales-Based Milestone Payment amount in respect of a C5 Rights Transfer Transaction is also a payment amount as to which Ophthotech owes Archemix a Sublicense Income Payment pursuant to Section 4.3.2, then the amount of such Sublicense Income Payment shall be excluded from the provisions of this Section 4.5. For example, if [**] percent ([**]%) of an upfront payment amount received in a C5 Rights Transfer Transaction were paid to Archemix pursuant to Section 4.3.2 of this Agreement, then only the remaining [**] percent ([**]%) of such payment would be considered for purposes of determining Ophthotech’s payment obligations to Archemix under this Section 4.5.
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