Common use of Outplacement Program Clause in Contracts

Outplacement Program. Upon the occurrence of an event of termination under paragraph 6(a), the Employee will immediately become entitled to participate in a six (6) month executive outplacement program provided by an executive outplacement service, at the Company’s expense not to exceed eight thousand dollars ($8,000).

Appears in 5 contracts

Samples: Employment Agreement (Xoma LTD /De/), Employment Agreement (Xoma LTD /De/), Employment Agreement (Xoma LTD /De/)

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Outplacement Program. Upon the occurrence of an event of termination under paragraph Section 6(a) for Good Reason or Section 6(b), the Employee will immediately become entitled to participate in a six (6) month executive outplacement program provided by an executive outplacement serviceservice selected by the Company, at the Company’s expense not to exceed eight thousand dollars ($8,000)) paid directly to the outplacement service.

Appears in 5 contracts

Samples: Officer Employment Agreement (XOMA Corp), Officer Employment Agreement (XOMA Corp), Officer Employment Agreement (XOMA Corp)

Outplacement Program. Upon the occurrence of an event of termination under paragraph 6(a), the Employee will immediately become entitled to participate in a six (6) month executive outplacement program provided by an executive outplacement service, at the Company’s expense not to exceed eight thousand dollars ($8,000).

Appears in 2 contracts

Samples: Employment Agreement (Xoma LTD /De/), Employment Agreement (Xoma LTD /De/)

Outplacement Program. Upon the occurrence of an event of termination under paragraph 6(a), the Employee will immediately become entitled to participate in a six twelve (612) month executive outplacement program provided by an executive outplacement service, at the Company’s expense not to exceed eight fifteen thousand dollars ($8,00015,000).

Appears in 2 contracts

Samples: Employment Agreement (Xoma LTD /De/), Employment Agreement (Xoma LTD /De/)

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Outplacement Program. Upon the occurrence of an event of termination under paragraph Section 6(a) for Good Reason or Section 6(b), the Employee will immediately become entitled to participate in a six twelve (612) month executive outplacement program provided by an executive outplacement serviceservice selected by the Company, at the Company’s expense not to exceed eight fifteen thousand dollars ($8,000)15,000) paid directly to the outplacement service.

Appears in 1 contract

Samples: Officer Employment Agreement (XOMA Corp)

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