Payments and Other Consideration. 13.1 As consideration for GENTA JAGO's preliminary development efforts for the Prototype Formulation performed prior to the execution of this Agreement as referred to in Section 2.1 above, KRYPTON undertakes to pay to GENTA JAGO an initial *, payable upon execution of this Agreement.
Payments and Other Consideration. If Executive executes and does not revoke this Separation Agreement during the revocation period described in Section 19 hereof and if Executive re-signs this Separation Agreement on or within twenty-one (21) days following the Separation Date and does not revoke this Separation Agreement during the revocation period described in Section 19 hereof (the “Second Revocation Period”), Executive will be entitled to the following payments and benefits, subject to compliance by Executive with the terms and conditions of this Separation Agreement, including without limitation, the terms and conditions set forth in Sections 5 and 6 hereof, as well as all Company policies and other agreements binding on Executive, including the Company’s Executive Incentive Compensation Recoupment Policy (which shall remain applicable to Executive in accordance with its terms), the Incentive Plan (as hereinafter defined) and the stock options and restricted stock awards granted under the Incentive Plan. Executive acknowledges and agrees that under the terms of this Separation Agreement, she is receiving consideration beyond that which she would otherwise be entitled and which, but for the mutual covenants set forth in this Separation Agreement, the Company would not otherwise be obligated to provide. It is expressly acknowledged and agreed that if Executive revokes this Separation Agreement during either of the revocation periods described in Section 19 hereof, all provisions of this Separation Agreement shall be null and void ab initio and Executive shall not be entitled to any of the payments or other benefits provided in this Separation Agreement:
Payments and Other Consideration. In accordance with the terms of the Executive Severance Agreement, subject to the terms and conditions thereof (including, without limitation, Executive’s compliance with Sections 3 and 6 hereof), Executive is entitled to receive:
Payments and Other Consideration. The Executive will be entitled to receive the accrued payments and benefits contemplated by Section 6.5 of the Letter Agreement in accordance with the terms of the Letter Agreement (the “Accrued Obligations”). In addition, subject to Executive’s compliance with the terms and conditions of the Letter Agreement, Executive is also entitled to receive:
Payments and Other Consideration. This Agreement shall become effective on the date that it is signed by both Employee and FEI, provided that Employee does not subsequently revoke the Agreement within the time period set forth in Paragraph 4. Employee shall continue to serve as CEO and as a director on the Board through the Transition Date, for which he will continue to receive the same compensation and benefits as were in effect prior to execution of this Agreement. Employee shall cease to serve as CEO after the Transition Date and, provided that Employee resigns from the Board as a director on the Transition Date, FEI agrees to employ Employee during the Transition Period in a non-executive, non-officer status as Special Advisor to the Chairman and CEO and to make the payments, accommodations and other considerations as provided for below in Paragraphs 1a, 1b, 1c, 1d, 1e, 1f, 1g and 1h, provided that: (i) Employee provides the Transition Services through the Retirement Date (other than on account of death or disability) and Employee does not accept or begin employment or any engagement with a Competitive Business during the Transition Period; (ii) Employee signs and delivers to the Company the Long Term Incentives Vesting/Forfeiture Agreement (“LTI Vesting/Forfeiture Agreement”) in the form attached as Exhibit 2 to this Agreement promptly after the Transition Date; and (iii) with respect to the benefits and payments provided for in Paragraphs 0x, 0x, 0x, 0x xxx 0x, Xxxxxxxx signs and delivers to the Company the Supplemental Release and Waiver of Claims in the form attached as Exhibit 1 to this Agreement (“Supplemental Release”) within the time period set forth therein and does not subsequently revoke it within the time period set forth therein. Employee understands that the Company will deduct from any payments specified herein applicable withholding taxes and other deductions the Company is required by law to make from wages and other payments to employees. Employee further understands that the payments and benefits set forth in this Paragraph 1 are all the Employee is entitled to receive from the Company in connection with his separation from service, except for those amounts described in Paragraph 6 and 25 to which Employee may be entitled.
Payments and Other Consideration. If Employee (I) executes this Agreement, (II) continues to comply with the terms and conditions of this Agreement, and Sections 3, 4, 5, 6 and 7 of the Prior Agreement, and (III) within 30 days following the Separation Date, delivers to the Company a fully executed and effective copy of the Release of All Claims attached hereto as Exhibit B, with all periods for revocation therein having expired, then:
Payments and Other Consideration. If Xxxxx (a) executes this Agreement within 53 calendar days following the Termination Date and does not revoke it during the revocation period described in Section 9 hereof (the date on which such revocation period expires, the “Release Effective Date”) and (b) continues to comply with the terms and conditions of this Agreement, then the Company will make the following payments to Xxxxx (the “Payments”):
Payments and Other Consideration. If Employee (i) executes and does not revoke this Agreement during the revocation period described in Section 22, and (ii) continues to comply with the terms and conditions of this Agreement, and Sections 3, 4, 5, 6 and 7 of the Severance Pay Agreement, then:
Payments and Other Consideration. In addition to the compensation and benefits provided by Paragraph 5(a) of the Employment Agreement, Executive will be entitled to receive the payments and benefits contemplated by Paragraphs 5(d)(i), (ii), and (iii) of the Employment Agreement in accordance with the terms of the Employment Agreement. Executive acknowledges that the 18 monthly salary payments provided by Paragraph 5(d)(i) of the Employment Agreement are to be based upon an annual salary for Executive of Five Hundred Seventy-Five Thousand Dollars ($575,000). Executive acknowledges that the payments and benefits contemplated by Paragraphs 5(d)(i), (ii), and (iii) of the Employment Agreement constitute the separate consideration for the Release required by Section 4 of this Separation Agreement and Section 5(d) of the Employment Agreement.
Payments and Other Consideration. A. Pursuant to Section V.B. of the Employment Agreement, the Company shall provide Employee the following payments and benefits due to Employee’s termination of employment with the Company:
