The Severance Package. In the event the Company terminates Executive’s employment without Cause, and provided that Executive first executes a general release in a form and of a scope reasonably acceptable to the Company within sixty (60) days of the Termination Date, the Company shall provide the following severance benefits to Executive (the “Severance Package”):
Appears in 3 contracts
Samples: Employment Agreement (Arqule Inc), Employment Agreement (Arqule Inc), Employment Agreement (Arqule Inc)
The Severance Package. In the event the Company terminates Executive’s employment without Cause, and provided that Executive first executes a general release in a form and of a scope reasonably acceptable to the Company within sixty (60) days of the Termination Date, the Company shall provide provide, following the effective date of such general release, the following severance benefits to Executive (the “Severance Package”):
Appears in 2 contracts
Samples: Employment Agreement (Arqule Inc), Employment Agreement (Arqule Inc)