Common use of Orderly Transition of Duties Clause in Contracts

Orderly Transition of Duties. For purposes of this Agreement, “Orderly Transition of Duties” shall mean that Executive has given to the Chief Executive Officer of InterMune, Inc. (the “CEO”) at least three (3) months advance notice of voluntary termination of employment and has performed, to the satisfaction of the CEO, in the CEO’s sole discretion, the duties reasonably expected of a departing executive, including but not limited to the following: • Executive shall assist with the identification and recruitment of a qualified consultant or contractor to fill Executive’s position during recruitment of a replacement. • Executive shall cooperate with InterMune, Inc. in the recruitment of a replacement. • Executive shall complete specific tasks as reasonably assigned by InterMune, Inc. to assist in transition to the consultant, contractor or replacement. • Executive shall conduct himself or herself in a professional and productive manner during the transition period.

Appears in 8 contracts

Samples: Retention Payment Agreement, Retention Payment Agreement (Intermune Inc), Retention Payment Agreement (Intermune Inc)

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