Common use of Release Requirement Clause in Contracts

Release Requirement. To be eligible for the Severance Benefits pursuant to Section 10(a)-(b) and the Change of Control Severance Benefits pursuant to Section 10(c) above, you must satisfy the following release requirement (the “Release Requirement”): You must timely execute and return to the Company a signed and dated general release of all known and unknown claims in a separation agreement acceptable to the Company (the “Release and Waiver”) within the applicable deadline set forth therein, but in no event later than forty-five (45) calendar days following your termination date, and permit the Release and Waiver to become effective and irrevocable in accordance with its terms (such effective date of the Release and Waiver, the “Release Effective Date”). No Severance Benefits or Change of Control Severance Benefits will be paid or provided hereunder prior to such Release Effective Date. You may be required by the separation agreement to provide reasonable transitional services as a condition to receiving the Severance Benefits and/or the Change of Control Severance Benefits.

Appears in 8 contracts

Samples: Employment Agreement (Artiva Biotherapeutics, Inc.), Employment Agreement (Artiva Biotherapeutics, Inc.), Employment Agreement (Artiva Biotherapeutics, Inc.)

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Release Requirement. To be eligible for the Severance Benefits and Change pursuant to Section 10(a)-(b6(a) and the Change of Control Severance Benefits pursuant to Section 10(c6(b) above, you must satisfy the following release requirement (the “Release Requirement”): You must timely execute and return to the Company a signed and dated general release of all known and unknown claims in a separation agreement acceptable to the Company (the “Release and Waiver”) within the applicable deadline set forth therein, but in no event later than forty-five (45) calendar days following your termination date, and permit the Release and Waiver to become effective and irrevocable in accordance with its terms (such effective date of the Release and Waiver, the “Release Effective Date”). No Severance Benefits or Change of Control Severance Benefits will be paid or provided hereunder prior to such Release Effective Date. You may be required by the separation agreement to provide reasonable transitional services as a condition to receiving the Severance Benefits and/or the Change of Control Severance Benefits.

Appears in 3 contracts

Samples: Employment Agreement (Artiva Biotherapeutics, Inc.), Employment Agreement (Artiva Biotherapeutics, Inc.), Employment Agreement (Artiva Biotherapeutics, Inc.)

Release Requirement. To be eligible for the Severance Benefits and Change pursuant to Section 10(a)-(b7(a) and the Change of Control Severance Benefits pursuant to Section 10(c7(b) above, you must satisfy the following release requirement (the “Release Requirement”): You must timely execute and return to the Company a signed and dated general release of all known and unknown claims in a separation agreement acceptable to the Company (the “Release and Waiver”) within the applicable deadline set forth therein, but in no event later than forty-five (45) calendar days following your termination date, and permit the Release and Waiver to become effective and irrevocable in accordance with its terms (such effective date of the Release and Waiver, the “Release Effective Date”). No Severance Benefits or Change of Control Severance Benefits will be paid or provided hereunder prior to such Release Effective Date. You may be required by the separation agreement to provide reasonable transitional services as a condition to receiving the Severance Benefits and/or the Change of Control Severance Benefits.

Appears in 3 contracts

Samples: Employment Offer Letter (Artiva Biotherapeutics, Inc.), Employment Offer Letter (Artiva Biotherapeutics, Inc.), Employment Offer Letter (Artiva Biotherapeutics, Inc.)

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Release Requirement. To be eligible for the Severance Benefits and Change pursuant to Section 10(a)-(b8(a) and the Change of Control Severance Benefits pursuant to Section 10(c8(b) above, you must satisfy the following release requirement (the “Release Requirement”): You must timely execute and return to the Company a signed and dated general release of all known and unknown claims in a separation agreement acceptable to the Company (the “Release and Waiver”) within the applicable deadline set forth therein, but in no event later than forty-five (45) calendar days following your termination date, and permit the Release and Waiver to become effective and irrevocable in accordance with its terms (such effective date of the Release and Waiver, the “Release Effective Date”). No Severance Benefits or Change of Control Severance Benefits will be paid or provided hereunder prior to such Release Effective Date. You may be required by the separation agreement to provide reasonable transitional services as a condition to receiving the Severance Benefits and/or the Change of Control Severance Benefits.

Appears in 2 contracts

Samples: Employment Offer Letter (Artiva Biotherapeutics, Inc.), Employment Agreement (Artiva Biotherapeutics, Inc.)

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