Common use of Termination without Cause or for Good Clause in Contracts

Termination without Cause or for Good. Reason Prior to or More than 12 Months following a Change of Control. If your employment with the Company is terminated by the Company without Cause (as defined in Section 4.8 below) or you terminate your employment for Good Reason (as defined in Section 4.8 below), in either case other than during the Change of Control Period (as defined in Section 4.2 below), then subject to your delivery to the Company of a release and waiver in the form substantially similar to the release attached hereto as Exhibit A (the “Release”) within the applicable time period set forth therein, but in no event later than forty-five (45) days following termination of your employment, and permitting such Release to become fully effective in accordance with its terms, the Company shall provide you with the following:

Appears in 2 contracts

Samples: Letter Agreement (Xencor Inc), Letter Agreement (Xencor Inc)

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Termination without Cause or for Good. Reason Prior to or More than 12 Months following a Change of Control. If your employment with the Company is terminated by the Company without Cause (as defined in Section 4.8 below) or you terminate your employment for Good Reason (as defined in Section 4.8 below), in either case other prior to or more than during 12 months following the occurrence of a Change of Control Period (as defined in Section 4.2 below)Control, then subject to your delivery to the Company of a release Release and waiver Waiver in the form substantially similar to the release attached hereto as Exhibit A (the “Release”) within the applicable time period set forth therein, but in no event later than forty-five (45) days following termination of your employment, and permitting such Release and Waiver to become fully effective in accordance with its terms, the Company shall provide you with the following:

Appears in 2 contracts

Samples: Xencor Inc, Xencor Inc

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