Common use of Timing of Severance Payments Clause in Contracts

Timing of Severance Payments. Any lump-sum severance payment to which Executive is entitled shall be paid by the Company to Executive in cash and in full, not later than ten (10) calendar days after the date of the termination of Executive's employment as provided in Section 8(a), and any other severance payments shall be paid in accordance with normal payroll policies as provided in Section 8(a). If Executive should die before all amounts have been paid, such unpaid amounts shall be paid in a lump-sum payment to Executive's designated beneficiary, if living, or otherwise to the personal representative of Executive's estate.

Appears in 6 contracts

Samples: Executive Employment Agreement (Cytokinetics Inc), Executive Employment Agreement (Cytokinetics Inc), Executive Employment Agreement (Cytokinetics Inc)

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Timing of Severance Payments. Any lump-sum severance payment to which Executive is entitled shall be paid by the Company to Executive in cash and in full, not later than ten (10) calendar days after the date of the termination of Executive's ’s employment as provided in Section 8(a), and any other severance payments shall be paid in accordance with normal payroll policies as provided in Section 8(a). If Executive should die before all amounts have been paid, such unpaid amounts shall be paid in a lump-sum payment to Executive's designated beneficiary, if living, or otherwise to the personal representative of Executive's estate.in

Appears in 6 contracts

Samples: Executive Employment Agreement (NeurogesX Inc), Executive Employment Agreement (NeurogesX Inc), Executive Employment Agreement (NeurogesX Inc)

Timing of Severance Payments. Any lump-sum Subject to Section 3(f) below, the severance payment payments to which Executive is entitled shall be paid by the Company to Executive in cash and in full, not later than ten (10) calendar days after the date of upon which the termination of Executive's employment as provided in Section 8(a), and any other severance payments shall be paid in accordance with normal payroll policies as provided in Section 8(a)Release becomes effective. If the Executive should die before all amounts have been paid, such unpaid amounts shall be paid in a lump-sum payment (less any withholding taxes) to the Executive's ’s designated beneficiary, if living, or otherwise to the personal representative of the Executive's ’s estate.

Appears in 4 contracts

Samples: Change of Control and Retention Agreement (SALESFORCE.COM, Inc.), Change of Control and Retention Agreement (Salesforce Com Inc), Change of Control and Retention Agreement (Salesforce Com Inc)

Timing of Severance Payments. Any lump-sum Subject to Section 3(f) below, the severance payment payments to which Executive is entitled shall be paid by the Company to Executive in cash and in full, not later than ten (10) calendar days after the date of upon which the termination of Executive's employment as provided in Section 8(a), and any other severance payments shall be paid in accordance with normal payroll policies as provided in Section 8(a)Release becomes effective. If the Executive should die after his termination date but before all amounts have been paid, such unpaid amounts shall be paid in a lump-sum payment (less any withholding taxes) to the Executive's ’s designated beneficiary, if living, or otherwise to the personal representative of the Executive's ’s estate.

Appears in 4 contracts

Samples: Change of Control and Retention Agreement (Fastly, Inc.), Change of Control and Retention Agreement (Fastly, Inc.), Change of Control and Retention Agreement (Fastly, Inc.)

Timing of Severance Payments. Any lump-sum severance payment to which Executive is entitled shall be paid by the Company to Executive in cash and in full, not later than ten (10) calendar days after the date of the termination of Executive's ’s employment as provided in Section 8(a), and any other severance payments shall be paid in accordance with normal payroll policies as provided in Section 8(a). If Executive should die before all amounts have been paid, such unpaid amounts shall be paid in a lump-sum payment to Executive's ’s designated beneficiary, if living, or otherwise to the personal representative of Executive's ’s estate.

Appears in 3 contracts

Samples: Executive Employment Agreement (Cytokinetics Inc), Executive Employment Agreement (Cytokinetics Inc), Executive Employment Agreement (Cytokinetics Inc)

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Timing of Severance Payments. Any lump-sum The severance payment to which Executive is entitled shall be paid by the Company to Executive in cash and in full, not later than ten (10) calendar days after the date of the termination of Executive's ’s employment as provided in Section 8(a), and any other severance payments shall be paid in accordance with normal payroll policies as provided in Section 8(a4(a). If Executive should be entitled to a severance payment and should die before all amounts have been paid, such unpaid amounts shall be paid in a lump-sum payment to Executive's ’s designated beneficiary, if living, or otherwise to the personal representative of Executive's ’s estate.

Appears in 2 contracts

Samples: Change of Control Severance Agreement (Inter Tel Inc), Change of Control Severance Agreement (Inter Tel Inc)

Timing of Severance Payments. Any lump-sum severance payment to which Executive is entitled shall be paid by the Company to Executive in cash and in full, not later than ten (10) calendar days after the date of the termination of Executive's ’s employment as provided in Section 8(a9(a), and any other severance payments shall be paid in accordance with normal payroll policies as provided in Section 8(a9(a). If Executive should die before all amounts have been paid, such unpaid amounts shall be paid in a lump-sum payment to Executive's ’s designated beneficiary, if living, or otherwise to the personal representative of Executive's ’s estate.

Appears in 2 contracts

Samples: Executive Employment Agreement (NeurogesX Inc), Executive Employment Agreement (NeurogesX Inc)

Timing of Severance Payments. Any lump-sum severance payment Unless otherwise required pursuant to which Executive is entitled shall be paid by Section 10 of this Agreement, the Company to Executive will pay the severance payments and benefits, as applicable, specified in cash and Section 3(a) of this Agreement, in full, not later than ten (10) calendar days after a lump sum as soon as practicable following the date of the termination of Executive's employment as provided in Section 8(a), and any other severance payments shall be paid in accordance with normal payroll policies as provided in Section 8(a)termination. If Executive should die before all of the severance amounts have been paid, such unpaid amounts shall will be paid in a lump-sum payment (less any withholding taxes) to Executive's ’s designated beneficiary, if living, or otherwise to the personal representative of Executive's ’s estate.

Appears in 1 contract

Samples: Change of Control Severance Agreement (Foundry Networks Inc)

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