Common use of Termination without Cause On or After a Sale Event Clause in Contracts

Termination without Cause On or After a Sale Event. If on or after a Sale Event your employment with the Company or the successor of such Sale Event is terminated without Cause (other than in connection with a winding up of the Company not related to a Sale Event) within twelve (12) months following the closing of the Sale Event, then, provided that you execute, deliver and do not revoke a written release, in a form reasonably acceptable to the Company, of any and all claims against the Company, the successor to the Company in a Sale Event and their respective directors, officers, affiliates, stockholders, agents, employees, successors and assigns as to all matters arising out of your employment by the Company, or termination thereof within 30 days of termination of your employment, you shall be eligible for the following severance benefits:

Appears in 4 contracts

Samples: Letter Agreement (Collegium Pharmaceutical, Inc), Letter Agreement (Collegium Pharmaceutical Inc), Letter Agreement (Collegium Pharmaceutical, Inc)

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