Common use of Survival, Conditions to Severance Clause in Contracts

Survival, Conditions to Severance. Provisions of this Agreement shall survive any termination if so provided in this Agreement or if necessary or desirable to accomplish the purposes of other surviving provisions of the Agreement or the Restrictive Covenants Agreement. The obligation of the Company to make severance payments to Executive or on Executive’s behalf is expressly conditioned upon (i) Executive’s full performance, and continued performance during any applicable severance periods, of Executive’s material obligations under this Agreement, the Restrictive Covenants Agreement, and any subsequent agreement between Executive and the Company relating to, without limitation, confidentiality, non-competition, proprietary information or the like, and (ii) Executive’s execution and non-revocation of the Release as set forth above.

Appears in 4 contracts

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

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