Common use of Separation Consideration Clause in Contracts

Separation Consideration. As consideration for Employee’s agreements and releases set forth herein, following the later to occur of the (i) execution of this Agreement and expiration of the Revocation Period (as defined below) and (ii) the Termination Date, and recognizing that without execution of this Agreement, Employee would not be entitled to any additional compensation beyond wages due, the Company agrees to provide Employee with the following benefits after the Termination Date, provided this Agreement becomes effective in accordance with Section 2.2 of this Agreement:

Appears in 2 contracts

Samples: Separation and Release Agreement (Gemphire Therapeutics Inc.), Separation and Release Agreement (Gemphire Therapeutics Inc.)

AutoNDA by SimpleDocs

Separation Consideration. As consideration for Employee’s agreements and releases set forth herein, following the later to occur of the (iA) execution of this Agreement and expiration of the Revocation Period (as defined below) and (iiB) the Termination Date, and recognizing that without execution of this Agreement, Employee would not be entitled to any additional compensation beyond wages due, the Company agrees to provide Employee with the following benefits after the Termination Date, provided this Agreement becomes effective in accordance with Section 2.2 of this Agreement2.2:

Appears in 1 contract

Samples: Separation and Release Agreement (Sunshine Heart, Inc.)

AutoNDA by SimpleDocs

Separation Consideration. As consideration for Employee’s agreements and releases set forth herein, following the later to occur of the (i) execution of this Agreement and expiration of the Revocation Period (as defined below) and (ii) the Termination Date), and recognizing that without execution of this Agreement, Employee would not be entitled to any additional compensation beyond wages due, due the Company agrees to provide Employee with the following benefits after the Termination Date, provided this Agreement becomes effective in accordance with Section 2.2 of this Agreement:

Appears in 1 contract

Samples: Separation and Release Agreement (Twinlab Consolidated Holdings, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!