Common use of Termination of Prior Employment Agreement Clause in Contracts

Termination of Prior Employment Agreement. Effective as of 11:59 p.m. on the day immediately prior to the Effective Date, the Prior Employment Agreement shall automatically terminate and be of no further force and effect.

Appears in 14 contracts

Samples: Employment Agreement (Synthetic Biologics, Inc.), Employment Agreement (Heat Biologics, Inc.), Employment Agreement (Synthetic Biologics, Inc.)

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Termination of Prior Employment Agreement. Effective as of 11:59 p.m. on the day immediately prior to the Effective Date, the Prior Employment Agreement Agreements shall automatically terminate and be of no further force and effect.

Appears in 4 contracts

Samples: Employment Agreement (Alaunos Therapeutics, Inc.), Employment Agreement (Alaunos Therapeutics, Inc.), Employment Agreement (Ziopharm Oncology Inc)

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Termination of Prior Employment Agreement. Effective as of 11:59 p.m. on the day immediately prior to the Effective Date, the Prior Employment Agreement shall automatically terminate and be of no further force and effect; provided that, except as otherwise specifically provided herein, such termination of the Prior Employment Agreement shall not alter or supersede the Executive’s right to any accrued and unpaid salary and benefits.

Appears in 1 contract

Samples: Employment Agreement (Regado Biosciences Inc)

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