Termination Not in Connection With a Change in Control. In the event of Employee’s termination of employment by AXOGEN without Substantial Cause not in connection with a Change in Control, Employee shall be entitled to a separation payment consisting of: (a) twelve (12) months of Employee’s base salary; and (b) an amount equal to 100% of any bonuses or commissions paid to Employee during the year prior to Employee’s termination of employment.
Appears in 3 contracts
Samples: Employment Agreement (Axogen, Inc.), Employment Agreement (Axogen, Inc.), Employment Agreement (Axogen, Inc.)
Termination Not in Connection With a Change in Control. In the event of Employee’s termination of employment by AXOGEN without Substantial Cause not in connection with a Change in Control, Employee shall be entitled to a separation payment consisting of: (a) twelve (12) months of Employee’s base salary; and (b) an amount equal to 100% of any bonuses or commissions paid to Employee during the year prior to Employee’s termination of employment.
Appears in 2 contracts
Samples: Employment Agreement (Axogen, Inc.), Employment Agreement (Axogen, Inc.)
Termination Not in Connection With a Change in Control. In the event of Employee’s termination of employment by AXOGEN without Substantial Cause not in connection with a Change in Control, Employee shall be entitled to a separation payment consisting of: (a) twelve (12) months of Employee’s base salary; and (b) an amount equal to 100% of any bonuses or commissions paid to Employee during the year prior to Employee’s termination of employment.
Appears in 2 contracts
Samples: Employment Agreement (Axogen, Inc.), Employment Agreement (Axogen, Inc.)
