Common use of Separation Payments and Benefits Clause in Contracts

Separation Payments and Benefits. Without admission of any liability, fact or claim, the Company hereby agrees, subject to the execution of this Agreement and, on or within twenty-one days following the Termination Date, this Agreement becoming no longer subject to revocation as provided in Section 6(c)(iii) and Executive’s performance of his continuing obligations pursuant to this Agreement, any offer letter or employment agreement between Executive and the Company, the Confidentiality Agreement and any other material agreement between Executive and the Company, to provide Executive the severance benefits set forth below. Specifically, the Company and Executive agree as follows:

Appears in 2 contracts

Samples: Transition and Separation Agreement (diaDexus, Inc.), Transition and Separation Agreement (diaDexus, Inc.)

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Separation Payments and Benefits. Without admission of any liability, fact or claim, the Company hereby agrees, subject to the execution of this Agreement and, on or within twenty-one days following the Termination Date, this Agreement becoming no longer subject to revocation the General Release of Claims attached hereto as provided in Section 6(c)(iiiExhibit B (the “Release of Claims”) and Executive’s performance of his continuing obligations pursuant to this Agreement, the Employment Agreement, any offer letter confidential or employment proprietary information agreement between Executive and the Company, the Confidentiality Agreement Company and any other material agreement between Executive and the Company, to provide Executive the severance benefits set forth below. Specifically, in Section 5.6 of the Company and Executive agree as follows:Employment Agreement.

Appears in 2 contracts

Samples: Transition and Separation Agreement, Transition and Separation Agreement (Wet Seal Inc)

Separation Payments and Benefits. Without admission of any liability, fact or claim, the Company hereby agrees, subject to (i) the execution of this Agreement and, on or within twenty-one days following after the Termination Date, this Agreement becoming no longer subject to revocation as provided in Section 6(c)(iiiand (ii) and Executive’s performance of his Executive’s continuing obligations pursuant to this AgreementAgreement and that certain At-Will Employment, any offer letter or employment agreement Confidential Information, Invention and Assignment, and Arbitration Agreement entered into between Executive and the CompanyCompany on December 22, 2015 (the Confidentiality Agreement and any other material agreement between Executive and the CompanyAgreement”), to provide Executive the severance benefits set forth below. Specifically, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Separation Agreement (Unity Biotechnology, Inc.)

Separation Payments and Benefits. Without admission of any liability, fact or claim, the Company hereby agrees, subject to Executive signing and delivering to the execution of Company this Agreement and, on or within twenty-one 21 days following after the Termination Date, this Agreement becoming no longer subject to revocation as provided in Section 6(c)(iii) ), Executive not materially breaching this Agreement and Executive’s performance of his continuing obligations pursuant to this Agreement, any offer letter or employment agreement between Executive and the Company, not breaching the Confidentiality Agreement and any other material agreement between Executive and the Company, to provide Executive the severance benefits set forth below. Specifically, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Transition and Separation Agreement (Geron Corp)

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Separation Payments and Benefits. Without admission of any liability, fact or claim, the Company hereby agrees, subject to the execution of this Agreement and, on or within twenty-one thirty days following the Termination Date, this Agreement becoming no longer subject to revocation the General Release of Claims attached hereto as provided in Section 6(c)(iiiExhibit A (the “Release of Claims”) and Executive’s performance of his continuing obligations pursuant to this Agreement, any offer letter or employment agreement between Executive and the Company, any confidential or proprietary information agreement between Executive and the Confidentiality Agreement Company and any other material agreement between Executive and the Company, to provide Executive the severance benefits set forth below. Specifically, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Transition and Separation Agreement (Thoratec Corp)

Separation Payments and Benefits. Without admission of any liability, fact or claim, the Company hereby agrees, subject to Executive signing and delivering to the execution of Company this Agreement and, on or within twentythirty-one (31) days following after the Termination Date, this Agreement becoming no longer subject to revocation as provided in Section 6(c)(iii) and Executive’s performance of his continuing obligations pursuant to this Agreement, any offer letter or employment agreement between Executive Agreement and the Company, the Confidentiality Agreement and any other material agreement between Executive and the CompanyAgreement, to provide Executive the severance benefits set forth below. Specifically, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Transition and Separation Agreement (Geron Corp)

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