What You Will Receive Only If You Enter Into This Agreement Sample Clauses

What You Will Receive Only If You Enter Into This Agreement. As long as you timely sign, date and return this Agreement (BUT IN NO CASE LATER THAN [LAST DATE TO ACCEPT]), and you comply with the Agreement’s requirements, then in addition to those payments and benefits described in Section 2 above: • You will receive salary continuation benefit payments at your regular Base Salary though [SEVERANCE END DATE] subject to applicable withholdings, unless you choose to resign before [SEPARATION DATE]; and • If you are currently enrolled and participating in the Company’s medical/dental/vision benefits, your coverage will extend until the end of the [SEVERANCE END DATE]. Thereafter, you will be able to continue as a member of the Company’s Group Health Plans at your expense in accordance with the terms of those plans[, as well as COBRA, for the legally required benefit continuation period]. You will be receiving a separate letter explaining your rights and responsibilities with regard to electing your COBRA benefits. You will receive COBRA benefit payments through [SEVERANCE END DATE]. Within thirty (30) days after you return the signed and dated Agreement, you will begin receiving the salary continuation benefit, provided you did not resign prior to your anticipated Separation Date.
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What You Will Receive Only If You Enter Into This Agreement. As long as you timely sign, date and return this Agreement (BUT IN NO CASE LATER THAN [LAST DATE TO ACCEPT (21 CALENDAR DAYS FOLLOWING RECEIPT)], and you comply with the Agreement’s requirements, then in addition to those payments and benefits described in Paragraph 2 above: • You will receive salary continuation benefit payments at your regular Base Salary through [SEVERANCE END DATE] subject to applicable withholdings; and • If you are currently enrolled and participating in the Company’s medical/dental/vision benefits, your coverage will extend until the end of the month in which your separation takes place [SEPARATION MONTH] OR [SIX (6) MONTHS FOLLOWING YOUR DATE OF TERMINATION]. Thereafter, you will be able to continue as a member of the Company’s Group Health Plans at your expense in accordance with the terms of those plans, as well as COBRA, for the legally required benefit continuation period. You will be receiving a separate letter explaining your rights and responsibilities with regard to electing your COBRA benefits. Within thirty (30) days after you return the signed and dated Agreement, provided you do not revoke it under Section 22(c), you will begin receiving the salary continuation benefit, provided you did not resign prior to your anticipated Separation Date.
Sample 1
What You Will Receive Only If You Enter Into This Agreement. As long as you timely sign, date and return this Agreement (but in no case later than 21 days after presentation of agreement), and you comply with this Agreement’s requirements, you will receive a bonus in an amount equal to your target annual performance bonus, prorated for the period from April 1, 2018 through September 4, 2018, which shall be payable in a lump sum as soon as practicable following the effective date of this Agreement but no later than the payroll cycle immediately following the effective date.
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What You Will Receive Only If You Enter Into This Agreement. As long as you timely sign, date and return this Agreement and the attached Form of Acknowledgement (IN NO CASE LATER THAN March 29, 2019) and you comply with the Agreement's requirements, then in addition to those payments and benefits described in Section 2 above: • You will receive the target annual performance bonus for which you would have been eligible in the performance review cycle ending March 31, 2019 (“Axovant Bonus”), prorated for the period from April 1, 2018 through February 15, 2019. The Axovant Bonus will be paid to you as soon as practicable following the day eight days following your execution of the Agreement, provided you do not revoke the Agreement under Section 24. Your receipt of the Axovant Bonus is also expressly contingent on your continued cooperation with the Company, as set forth in Section 16 of this Agreement; and • You will receive the modifications to your outstanding Axovant options, as described in Section 4.
Sample 1
What You Will Receive Only If You Enter Into This Agreement. As long as you timely sign, date and return this Agreement (AFTER YOUR SEPARATION DATE BUT IN NO CASE LATER THAN NOVEMBER 13, 2020), and you comply with the Agreement’s requirements, then in addition to those payments and benefits described in Paragraph 2 above: • You will receive salary continuation benefit payments in an aggregate amount equal to six (6) months of your current base salary, payable in equal installments in accordance with customary payroll practices over the six (6) month period following your Separation Date, subject to applicable withholdings (the “Salary Continuation Benefit”), provided that no installments of the Salary Continuation Benefit shall be paid prior to seven (7) days after you Execute this Agreement, and any amounts that would have otherwise been paid during the period between your Separation Date and the first payment date in accordance with payroll practices will be included in the first payment. • If you timely elect to continue COBRA coverage, the Company shall pay the cost of premiums in excess of active employee rates necessary for you to maintain the medical/dental/vision benefits to which you are entitled under COBRA for a period (the “COBRA Payment Period”) beginning on the Separation Date and ending upon the occurrence of the earliest of the following events: (A) six (6) months following your Separation Date, (B) you elect to receive group health insurance coverage through a new employer, or (C) you cease to be eligible for COBRA continuation coverage for any reason. In the event you become covered under another employer’s group health plan or otherwise cease to be eligible for COBRA during the COBRA Payment Period, you agree that you must promptly (but no later than five (5) business days following such event) notify the Company of such event. After the COBRA Payment Period, you will be able to continue as a member of the Company’s Group Health. Plans at your expense in accordance with the terms of those plans, as well as COBRA, for the legally required benefit continuation period. You will be receiving a separate letter explaining your rights and responsibilities with regard to electing your COBRA benefits. • Your outstanding stock option awards granted to you on May 20, 2019 (your “2019 Award”) and May 15, 2020 (your “2020 Award”) originally under the Immunovant Sciences Ltd. 2018 Equity Incentive Plan and the Immunovant, Inc. 2019 Equity Incentive Plan, respectively (collectively, the “Equity Incentive Plans”)...
Sample 1
What You Will Receive Only If You Enter Into This Agreement. As long as you timely sign, date and return this Agreement, you comply with the Agreement’s requirements, and do not resign prior to Separation Date, this Agreement will become effective on the Separation Date. In return for entering into this Agreement, and compliance with its terms and conditions, in addition to those payments and benefits described in Section 2 above: • You will receive, within 14 days of the Separation Date, salary continuation benefit payments at your regular base salary for a period of three (3) months after the Separation Date, subject to required deductions and withholding, and in accordance with the Company’s customary payroll practices; • If you are currently enrolled and participating in the Company’s medical/dental/vision benefits, your coverage will extend until the end of the April 2020. Thereafter, the Company will pay for your COBRA premium benefits for twelve (12) months following Separation Date. You will receive a separate letter explaining your rights and responsibilities with regard to electing your COBRA benefits. • The Company will not require you to repay the one-time signing bonus as set forth in paragraph 2.1(b) of the Employment Agreement, dated July 8, 2019, as amended July 21, 2019, between you and the Company (collectively, the “Employment Agreement”), a copy of which is attached to this Agreement as Exhibit A.
Sample 1
What You Will Receive Only If You Enter Into This Agreement. As long as you timely sign, date and return this Agreement and Exhibit C BETWEEN FEBRUARY 11, 2019 AND MARCH 4, 2019, and you comply with the Agreement’s requirements, then in addition to those payments and benefits described in Section 2 above: ● You will receive a lump sum payment of $525,000 (“Lump Sum Payment), equivalent to twelve (12) months of your Base Salary (as defined in Exhibit A) and Annual Performance Bonus (as defined in Exhibit A), subject to applicable withholding; and ● You will receive a lump sum payment in the amount of $29,128.44, representing reimbursement costs for COBRA premiums for twelve (12) months at current rates for the Company’s medical, dental and vision insurance coverage, subject to applicable withholding; and ● You will not be required to re-pay your $60,000 Sign-On Bonus (as defined in Exhibit A) to the Company. You will receive the Lump Sum Payment within a reasonable time after you return the signed and dated Agreement, Acknowledgment and Consulting Agreement (as defined in Section 6 below), provided you do not revoke it under Section 22(c). You agree that the foregoing payments and timing thereof beyond those afforded in your Employment Agreement (as defined in Section 6) that the Company is agreeing to hereunder constitute consideration for your agreements, acknowledgements and releases made hereunder.
Sample 1
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Related to What You Will Receive Only If You Enter Into This Agreement

  • What Will Happen After We Receive Your Letter When we receive your letter, we must do two things:

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  • EFFECTIVE PERIOD AND TERMINATION OF THIS AGREEMENT (a) This Agreement shall not become effective until such time as it is fully executed by all parties hereto (the "Effective Date"). Subject to any early termination provisions below, this Agreement shall continue in full force and effect as to the Fund for a period of five years from the Effective Date. (b) Notwithstanding the foregoing, if (i) the Trustees of the Trust or the shareholders by the affirmative vote of a majority of the outstanding shares of the Fund, and (ii) a majority of the Trustees of the Trust who are not interested persons of the Trust or of the Adviser or of the Subadviser, by vote cast in person at a meeting called for the purpose of voting on such approval, do not specifically approve at least annually the continuance of this Agreement, then this Agreement shall automatically terminate at the close of business on the second anniversary of the Effective Date, or upon the expiration of one year from the effective date of the last such continuance, whichever is later. This Agreement may continue in effect following the fifth anniversary of the Effective Date only so long as such continuance is approved in accordance with applicable law. (c) Notwithstanding the foregoing, if the continuance of this Agreement is submitted to the shareholders of the Fund for their approval and such shareholders fail to approve such continuance of this Agreement as provided herein, the Subadviser may continue to serve hereunder in a manner consistent with the 1940 Act and the rules and regulations thereunder. (d) The Trust may at any time terminate this Agreement upon 60 days prior written notice delivered or mailed by registered mail, postage prepaid, to the Adviser and the Subadviser. Action by the Trust to effect such termination may be taken either (i) by vote of a majority of its Trustees, or (ii) by the affirmative vote of a majority of the outstanding shares of the Fund. (e) Either the Adviser or the Subadviser may at any time terminate this Agreement by not less than 60 days' written notice delivered or mailed by registered mail, postage prepaid, to the other party and the Fund. (f) Termination of this Agreement pursuant to this Section 5 shall be without the payment of any penalty by the Fund. Neither the Adviser nor the Trust shall use or refer in any way to the name of the Subadviser following the termination of this Agreement without the Subadviser's consent, except as may be required by law.

  • INSURANCE COMPANY NOT A PARTY TO THIS AGREEMENT The Insurer shall not be deemed a party to this Agreement, but will respect the rights of the parties as herein developed upon receiving an executed copy of this Agreement. Payment or other performance in accordance with the policy provisions shall fully discharge the Insurer from any and all liability.

  • What To Do If You Find A Mistake On Your Statement If you think there is an error on your statement, write to us at the address(es) listed on your statement. In your letter, give us the following information:

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  • ENDING THIS AGREEMENT We may end this Agreement, close the Account or limit your right to access the Account at any time without telling you in advance. The Primary Cardholder may also end this Agreement by telling us. Even if this Agreement is cancelled, the Primary Cardholder is still responsible to pay all amounts owing on the Account. When the Agreement ends, benefits, services and coverages will automatically end, or we can cancel or change them at our discretion.

  • No Consideration Absent Execution of this Agreement Employee understands and agrees that Employee would not receive the monies and/or benefits specified in paragraph “2” above, except for Employee’s execution of this Agreement and the fulfillment of the promises contained herein.

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