Time for Consideration. Executive acknowledges that Executive was initially presented with this Agreement, the Consulting Agreement, and the Additional Release on the Receipt Date. Executive understands that this Agreement shall be of no force or effect unless Executive signs and returns this Agreement and the Consulting Agreement on or before the close of business on June 25, 2019 (the day of such execution, the “Agreement Effective Date”). Executive further understands that Executive will not be eligible to receive the Severance Benefits, including serving as a consultant and receiving payments and benefits under the Consulting Agreement, unless Executive timely signs and returns the Additional Release.
Appears in 3 contracts
Samples: Transition, Separation and Release of Claims Agreement (Merrimack Pharmaceuticals Inc), Transition, Separation and Release of Claims Agreement (Merrimack Pharmaceuticals Inc), Transition, Separation and Release of Claims Agreement (Merrimack Pharmaceuticals Inc)
Time for Consideration. Executive acknowledges that Executive was initially presented with this Agreement, the Consulting Agreement, and the Additional Release on the Receipt Date. Executive understands that this Agreement shall be of no force or effect unless Executive signs and returns this Agreement and the Consulting Agreement on or before the close of business on June 25, 2019 (the day of such execution, the “Agreement Effective Date”). Executive further understands that Executive will not be eligible to receive the Severance Benefits, including serving as a consultant and receiving payments and benefits under the Consulting Agreement, unless Executive timely signs and returns the Additional Release.
Appears in 1 contract
Samples: Transition, Separation and Release of Claims Agreement (Merrimack Pharmaceuticals Inc)
