Common use of Severance and other Matters Related to Termination; Change of Control Clause in Contracts

Severance and other Matters Related to Termination; Change of Control. (a)Termination by the Company without Cause or by Executive for Good Reason Prior to or More than Twelve Months Following a Change of Control. Subject to Sections 8(d), 8(e) and 9(b) below and Exhibit A attached hereto, in the event that Executive’s employment is terminated by the Company without Cause pursuant to Section 7(b) of this Agreement or by Executive for Good Reason pursuant to Section 7(c) of this Agreement, in either case prior to or more than twelve (12) months following a Change of Control, in addition to the Accrued Compensation (as defined below), and further provided that Executive has been employed by the Company for at least one year prior to the termination date, the Company shall provide Executive with the severance payments and benefits specified below:

Appears in 4 contracts

Samples: Employment Agreement (Akouos, Inc.), Employment Agreement (Akouos, Inc.), Employment Agreement (Akouos, Inc.)

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