Common use of Conditions to Receipt of Benefits Clause in Contracts

Conditions to Receipt of Benefits. Upon the occurrence of an event described in Section 3 above, Executive will be eligible for severance benefits hereunder only if Executive executes and delivers to the Company a Settlement Agreement and Release in the form of Exhibit 1 attached hereto and made a part hereof and complies with the provisions of Section 6 of the Employment Agreement.

Appears in 5 contracts

Samples: Separation and Severance Agreement, Separation and Severance Agreement (Trimeris Inc), Executive Employment Agreement (Trimeris Inc)

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Conditions to Receipt of Benefits. Upon the occurrence of an event described in Section 3 above, Executive will be eligible for severance benefits hereunder only if Executive executes and delivers to the Company a Settlement Agreement and Release in the form of Exhibit 1 attached hereto and made a part hereof and complies with the provisions of Section 6 of the Employment Agreementhereof.

Appears in 3 contracts

Samples: Settlement Agreement and Release (Efactor Holdings Inc), Settlement Agreement and Release (Efactor Holdings Inc), Settlement Agreement and Release (Trimeris Inc)

Conditions to Receipt of Benefits. Upon the occurrence of an event described in Section 3 above, Executive will be eligible for severance benefits hereunder only if Executive executes and delivers to the Company a Settlement Agreement and Release in the form of Exhibit 1 F attached hereto and made a part hereof and complies with the provisions of Section 6 of the Employment Agreementhereto.

Appears in 1 contract

Samples: Employment Agreement (Trimeris Inc)

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Conditions to Receipt of Benefits. Upon the occurrence of an event described in Section 3 above, Executive will be eligible for severance benefits hereunder only if Executive executes and delivers to the Company a Settlement Agreement and Release in the form of Exhibit 1 E attached hereto and made a part hereof and complies with the provisions of Section 6 of the Employment Agreementhereto.

Appears in 1 contract

Samples: Employment Agreement (Trimeris Inc)

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