Common use of Termination Without Cause or Resignation for Good Reason During Change in Control Period Clause in Contracts

Termination Without Cause or Resignation for Good Reason During Change in Control Period. In the event your employment with the Company is terminated by the Company without Cause (and other than as a result of your death or Disability), or you resign for Good Reason, in either case, at any time during the Change in Control Period (as defined below), then provided such termination constitutes a “separation from service” (as defined under Treasury Regulation Section 1.409A-1(h), without regard to any alternative definition thereunder, a “Separation from Service”), and provided that you satisfy the Release Requirement in Section 9 below and remain in compliance with the terms of this Agreement and the CIIAA, the Company shall instead provide you with the following “CIC Severance Benefits”:

Appears in 5 contracts

Samples: Employment Agreement (Structure Therapeutics Inc.), Offer of Employment (Structure Therapeutics Inc.), Offer of Employment (ShouTi Inc.)

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