Common use of Termination Other than During a Change in Control Period Clause in Contracts

Termination Other than During a Change in Control Period. If, during the Term of Employment but outside the period beginning three months prior to and ending 18 months following a Change in Control (such period, a “Change in Control Period”), Executive’s employment is terminated by the Company without Cause or Executive resigns for Good Reason, then, in addition to the payments and benefits described in Section 6(a) above and subject to Executive’s delivery to the Company of a waiver and release of claims agreement in a form approved by the Company that becomes effective and irrevocable in accordance with Section 11(d) hereof (a “Release”):

Appears in 7 contracts

Samples: Employment Agreement (Unity Biotechnology, Inc.), Employment Agreement (Unity Biotechnology, Inc.), Employment Agreement (Unity Biotechnology, Inc.)

AutoNDA by SimpleDocs

Termination Other than During a Change in Control Period. If, during In the Term of Employment but outside the period beginning three months prior to and ending 18 months following a Change in Control (such period, a “Change in Control Period”), event that Executive’s employment is involuntarily terminated by the Company without Cause or Executive resigns other than during a Change In Control (as hereinafter defined) and other than for Good ReasonCause, thenand if Executive, executes a general release of all claims against the Company and its affiliates in a form acceptable to the Company (a “Release of Claims”) within 60 days following such involuntary termination, then in addition to the payments and benefits described in any accrued obligations payable under Section 6(a4(b) above and subject to Executive’s delivery to above, the Company of a waiver and release of claims agreement in a form approved by shall provide Executive with the Company that becomes effective and irrevocable in accordance with Section 11(d) hereof (a “Release”):following:

Appears in 2 contracts

Samples: Employment Agreement (Venus Concept Inc.), Employment Agreement (Venus Concept Inc.)

AutoNDA by SimpleDocs

Termination Other than During a Change in Control Period. If, during In the Term of Employment but outside the period beginning three months prior to and ending 18 months following a Change in Control (such period, a “Change in Control Period”), event that Executive’s employment is involuntarily terminated by the Company without Cause or Executive resigns other than during a Change In Control Period (as hereinafter defined) and other than for Good ReasonCause, thenand if Executive, executes a general release of all claims against the Company and its affiliates in a form acceptable to the Company (a “Release of Claims”) within 60 days following such involuntary termination, then in addition to the payments and benefits described in any accrued obligations payable under Section 6(a4(b) above and subject to Executive’s delivery to above, the Company of a waiver and release of claims agreement in a form approved by shall provide Executive with the Company that becomes effective and irrevocable in accordance with Section 11(d) hereof (a “Release”):following:

Appears in 1 contract

Samples: Employment Agreement (Venus Concept Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!