Common use of Termination by the Company Without Cause or by the Executive with Good Reason Clause in Contracts

Termination by the Company Without Cause or by the Executive with Good Reason. During the Term, if the Executive’s employment is terminated by the Company without Cause as provided in Section 3(d), or the Executive terminates the Executive’s employment for Good Reason as provided in Section 3(e), then the Company shall pay the Executive the Accrued Benefit. In addition, subject to the Executive signing a separation agreement in substantially the form attached hereto as Exhibit A (the “Separation Agreement and Release”) and the Separation Agreement and Release becoming fully effective, all within the time frame set forth in the Separation Agreement and Release but in no event more than 60 days after the Date of Termination:

Appears in 8 contracts

Samples: Employment Agreement (Rubius Therapeutics, Inc.), Employment Agreement (Rubius Therapeutics, Inc.), Employment Agreement (Rubius Therapeutics, Inc.)

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Termination by the Company Without Cause or by the Executive with Good Reason. During the Term, if the Executive’s employment is terminated by the Company without Cause as provided in Section 3(d4(d), or the Executive terminates the Executive’s his employment for Good Reason as provided in Section 3(e4(e), then the Company shall pay the Executive the his Accrued Benefit. In addition, subject to the Executive signing a separation agreement substantially in substantially the form attached hereto as Exhibit A I (the “Separation Agreement and Release”) and the Separation Agreement and Release becoming fully effectiveirrevocable, all within the time frame set forth in the Separation Agreement and Release but in no event more than 60 days after the Date of Termination:

Appears in 6 contracts

Samples: Employment Agreement (Anthera Pharmaceuticals Inc), Employment Agreement (Anthera Pharmaceuticals Inc), Employment Agreement (Anthera Pharmaceuticals Inc)

Termination by the Company Without Cause or by the Executive with Good Reason. During the Term, if the Executive’s employment is terminated by the Company without Cause as provided in Section 3(d), or the Executive terminates the Executive’s his employment for Good Reason as provided in Section 3(e), then the Company shall pay the Executive the his Accrued Benefit. In addition, subject to the Executive signing a separation and general release agreement in substantially a form and manner satisfactory to the form attached hereto as Exhibit A Company (the “Separation Agreement and ReleaseGeneral Release Agreement) and ), the Separation and General Release Agreement becoming irrevocable and Release becoming fully effective, all within the time frame set forth in the Separation and General Release Agreement and Release (but in no event more later than 60 sixty (60) days after the Date of Termination), and the Executive not breaching any of his post-employment contractual obligations to the Company:

Appears in 4 contracts

Samples: Employment Agreement (Deciphera Pharmaceuticals, Inc.), Employment Agreement (Deciphera Pharmaceuticals, Inc.), Employment Agreement (Deciphera Pharmaceuticals, Inc.)

Termination by the Company Without Cause or by the Executive with Good Reason. During the Term, if If the Executive’s employment is terminated by the Company without Cause as provided in Section 3(d), or the Executive terminates the Executive’s his employment for Good Reason as provided in Section 3(e), then the Company shall shall, through the Date of Termination, pay the Executive the his Accrued Benefit. In addition, subject to the Executive signing a separation agreement in substantially a form and manner satisfactory to the form attached hereto as Exhibit A Company which includes a general release of claims in favor of the Company and related persons and entities (the “Separation Agreement and Release”) and the Separation Agreement and such Release becoming fully effective, all irrevocable within the time frame period set forth in the Separation Agreement and Release such Release, but in no event more later than 60 days after following the Date of Termination:

Appears in 3 contracts

Samples: Employment Agreement (Vericel Corp), Employment Agreement (Vericel Corp), Employment Agreement (Vericel Corp)

Termination by the Company Without Cause or by the Executive with Good Reason. During the Term, if the Executive’s employment is terminated by the Company without Cause as provided in Section 3(d), or the Executive terminates the Executive’s employment for Good Reason as provided in Section 3(e), then the Company shall pay the Executive the Accrued Benefit. In addition, subject to the Executive signing a separation agreement containing, among other provisions, a general release of claims in substantially favor of the Company and related persons and entities, confidentiality, return of property and non-disparagement, in a form attached hereto as Exhibit A and manner satisfactory to the Company (the “Separation Agreement and Release”) and the Separation Agreement and Release becoming fully effective, all within effective no later than sixty (60) days following the time frame set forth in the Separation Agreement and Release but in no event more than 60 days after the Date of TerminationTermination Date:

Appears in 2 contracts

Samples: Employment Agreement (Viveve Medical, Inc.), Employment Agreement (Viveve Medical, Inc.)

Termination by the Company Without Cause or by the Executive with Good Reason. During the Term, if the Executive’s employment is terminated by the Company without Cause as provided in Section 3(d), or the Executive terminates the Executive’s his employment for Good Reason as provided in Section 3(e), then the Company shall pay the Executive the his Accrued Benefit. In addition, subject to the Executive signing a separation agreement and general release of claims in substantially the form attached hereto as Exhibit A (the “Separation Agreement and Release”) ), and the Separation Agreement and Release becoming fully effectiveirrevocable, all within the time frame set forth in the Separation Agreement and Release but in no event more than 60 days after the Date of Termination:

Appears in 2 contracts

Samples: Employment Agreement (aTYR PHARMA INC), Employment Agreement (aTYR PHARMA INC)

Termination by the Company Without Cause or by the Executive with Good Reason. 6 of 20 During the Term, but only after the consummation of the Company’s Initial (Alternative) Public Offering, if the Executive’s employment is terminated by the Company without Cause as provided in Section 3(d4(d), or the Executive terminates the Executive’s his employment for Good Reason as provided in Section 3(e4(e), then the Company shall pay the Executive the his Accrued Benefit. In addition, subject to the Executive signing a separation agreement substantially in substantially the form attached hereto as Exhibit A I (the “Separation Agreement and Release”) and the Separation Agreement and Release becoming fully effectiveirrevocable, all within the time frame set forth in the Separation Agreement and Release but in no event more than 60 days after the Date of Termination:

Appears in 2 contracts

Samples: Employment Agreement (4M Carbon Fiber Corp.), Employment Agreement (4M Carbon Fiber Corp.)

Termination by the Company Without Cause or by the Executive with Good Reason. During the Term, if If the Executive’s employment is terminated by the Company without Cause as provided in Section 3(d), or the Executive terminates the Executive’s his employment for Good Reason as provided in Section 3(e), then the Company shall shall, through the Date of Termination, pay the Executive the his Accrued Benefit. In addition, subject to the Executive signing a separation agreement that includes a general release of claims in substantially favor of the Company and related persons and entities in a form attached hereto as Exhibit A and manner satisfactory to the Company (the “Separation Agreement and Release”) and and, if applicable, the Separation Agreement and expiration of the seven-day revocation period for the Release becoming fully effective, all within the time frame set forth in the Separation Agreement and Release but in no event more than 60 days after the Date of Termination:

Appears in 2 contracts

Samples: Employment Agreement (Brightcove Inc), Employment Agreement (Brightcove Inc)

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Termination by the Company Without Cause or by the Executive with Good Reason. During the Term, if the Executive’s 's employment is terminated by the Company without Cause as provided in Section 3(d), or the Executive terminates the Executive’s his employment for Good Reason as provided in Section 3(e), then the Company shall pay the Executive the his Accrued Benefit. In addition, subject to the Executive signing a separation and general release agreement in substantially a form and manner satisfactory to the form attached hereto as Exhibit A Company (the "Separation Agreement and Release”) and General Release Agreement"), the Separation and General Release Agreement becoming irrevocable and Release becoming fully effective, all within the time frame set forth in the Separation and General Release Agreement and Release (but in no event more later than 60 sixty (60) days after the Date of Termination), and the Executive not breaching any of bis post-employment contractual obligations to the Company:

Appears in 1 contract

Samples: Employment Agreement (Deciphera Pharmaceuticals, Inc.)

Termination by the Company Without Cause or by the Executive with Good Reason. During the Term, if the Executive’s employment is terminated by the Company without Cause as provided in Section 3(d), or the Executive terminates the Executive’s his employment for Good Reason as provided in Section 3(e), then the Company shall pay the Executive the his Accrued Benefit. In addition, subject to the Executive signing a separation agreement containing, among other provisions, a general release of claims in favor of the Company in substantially the form attached hereto as Exhibit A (the “Separation Agreement and Release”) and the Separation Agreement and Release becoming fully effectiveirrevocable, all within the time frame set forth in the Separation Agreement and Release but in no event more than 60 days after the Date of Termination:

Appears in 1 contract

Samples: Employment Agreement (Forescout Technologies, Inc)

Termination by the Company Without Cause or by the Executive with Good Reason. During the Term, if the Executive’s employment is terminated by the Company without Cause as provided in Section 3(d), or the Executive terminates the Executive’s employment for Good Reason as provided in Section 3(e), then the Company shall pay the Executive the Accrued Benefit. In addition, subject to the Executive signing a separation agreement containing, among other provisions, a general release of claims in substantially favor of the Company and related persons and entities, confidentiality, return of property and non-disparagement, in a form attached hereto as Exhibit A and manner satisfactory to the Company (the “Separation Agreement and Release”) and the Separation Agreement and Release becoming fully effective, all within no later than sixty (60) days following the time frame set forth in the Separation Agreement and Release but in no event more than 60 days after the Date of TerminationTermination Date:

Appears in 1 contract

Samples: Employment Agreement (Viveve Medical, Inc.)

Termination by the Company Without Cause or by the Executive with Good Reason. During the Term, if the Executive’s employment is terminated by the Company without Cause as provided in Section 3(d), or the Executive terminates the Executive’s his employment for with Good Reason as provided in Section 3(e), then the Company shall pay the Executive the Accrued Benefit. In addition, subject to the Executive signing a separation agreement in substantially the form attached hereto as Exhibit A (the “Separation Agreement and Release”) Release and the Separation Agreement and Release becoming fully effectiveirrevocable, all within the time frame set forth in the Separation Agreement and Release but in no event more than 60 days after the Date of Termination:, the outstanding equity award granted to Executive pursuant to Section 2(c) shall accelerate and become fully vested and nonforfeitable on the Date of Termination.

Appears in 1 contract

Samples: Employment Agreement (Citrix Systems Inc)

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