Common use of Conditions to Receipt of Severance Benefits Clause in Contracts

Conditions to Receipt of Severance Benefits. The receipt of the Severance Benefits will be subject to you signing and not revoking a separation agreement and release of claims in a form reasonably satisfactory to the Company (the “Separation Agreement”) by no later than the sixtieth (60th) day after your employment termination (“Release Deadline”). No Severance Benefits will be paid or provided until the Separation Agreement becomes effective. You shall also resign from all positions and terminate any relationships as an employee, advisor, officer or director with the Company and any of its affiliates, each effective on the date of termination.

Appears in 14 contracts

Samples: Employment Agreement (Honest Company, Inc.), Employment Agreement (Honest Company, Inc.), Employment Agreement (Honest Company, Inc.)

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Conditions to Receipt of Severance Benefits. The receipt of the Severance Benefits will be subject to you signing and not revoking a separation agreement and general release of claims in a form reasonably satisfactory to the Company (the “Separation Agreement”) by no later than the sixtieth (60th) day after your employment termination the Separation Date (“Release Deadline”). No Severance Benefits will be paid or provided until the Separation Agreement becomes effective. You shall also resign from all positions and terminate any relationships as an employee, advisor, officer or director with the Company and any of its affiliates, each effective on the date of terminationSeparation Date.

Appears in 3 contracts

Samples: Confidential Information and Invention Assignment Agreement (Inmune Bio, Inc.), Confidential Information and Invention Assignment Agreement (Inmune Bio, Inc.), Janux Therapeutics, Inc.

Conditions to Receipt of Severance Benefits. The receipt of the Severance Benefits will be subject to you signing and not revoking a separation agreement and general release of claims in a form reasonably satisfactory to the Company (the “Separation Agreement”) by no later than the sixtieth (60th) day after your employment termination Separation Date (“Release Deadline”). No Severance Benefits will be paid or provided until the Separation Agreement becomes effective. You shall also resign from all positions and terminate any relationships as an employee, advisor, officer or director with the Company and any of its affiliates, each effective on the date of terminationSeparation Date.

Appears in 1 contract

Samples: Design Therapeutics, Inc.

Conditions to Receipt of Severance Benefits. The receipt of the Severance Benefits will be subject to you signing and not revoking a separation agreement and general release of claims in a form reasonably satisfactory to you and the Company (the “Separation Agreement”) by no later than the sixtieth (60th) day after your employment termination the Separation Date (“Release Deadline”). No Severance Benefits will be paid or provided until the Separation Agreement becomes effective. You shall also resign from all positions and terminate any relationships as an employee, advisor, officer or director with the Company and any of its affiliates, each effective on the date of terminationSeparation Date.

Appears in 1 contract

Samples: Employment Agreement (Grindr Inc.)

Conditions to Receipt of Severance Benefits. The receipt of the Severance Benefits severance benefits set forth in Section 6.2 and Section 6.3 above will be subject to you Executive signing and not revoking a separation agreement and release of claims in a form reasonably satisfactory to the Company (the “Separation Agreement”) by no later than 60 5. days following the sixtieth (60th) day after your employment termination (“Release Deadline”)date of termination. No Severance Benefits severance benefits will be paid or provided unless and until the Separation Agreement becomes effective. You Executive shall also resign from all positions and terminate any relationships as an employee, advisor, officer or director with the Company and any of its affiliates, each effective on the date of termination.

Appears in 1 contract

Samples: Employment Agreement (Aquinox Pharmaceuticals, Inc)

Conditions to Receipt of Severance Benefits. The receipt of the Severance Benefits severance benefits set forth in Section 5.2 and Section 5.3 above will be subject to you Executive signing and not revoking a separation agreement and release of claims in a form reasonably satisfactory to the Company (the “Separation Agreement”) by no later than 60 days following the sixtieth (60th) day after your employment termination (“Release Deadline”)date of termination. No Severance Benefits severance benefits will be paid or provided unless and until the Separation Agreement becomes effectiveeffective and non-revocable. You Executive shall also resign from all positions and terminate any relationships as an employee, advisor, officer or director with the Company and any of its affiliates, each effective on the date of termination.

Appears in 1 contract

Samples: Employment Agreement (Neoleukin Therapeutics, Inc.)

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Conditions to Receipt of Severance Benefits. The receipt of the Severance Benefits will severance benefits set forth in Section 6.2 and Section 6.3 above shall be subject to you Executive signing and not revoking a separation agreement and release of claims in a form reasonably satisfactory to the Company (the “Separation Agreement”) by no later than 60 days following the sixtieth (60th) day after your employment termination (“Release Deadline”)date of termination. No Severance Benefits severance benefits will be paid or provided unless and until the Separation Agreement becomes effectiveeffective and non-revocable. You Executive shall also resign from all positions and terminate any relationships as an employee, advisor, officer or director with the Company and any of its affiliates, each effective on the date of termination.

Appears in 1 contract

Samples: Executive Employment Agreement (Neoleukin Therapeutics, Inc.)

Conditions to Receipt of Severance Benefits. The receipt of the Severance Benefits will be subject to you signing and not revoking a separation agreement and release of claims in a form reasonably satisfactory to you and the Company (the “Separation Agreement”) by no later than the sixtieth (60th) day after your employment termination (“Release Deadline”). No Severance Benefits will be paid or provided until the Separation Agreement becomes effective. You shall also resign from all positions and terminate any relationships as an employee, advisor, officer or director with the Company and any of its affiliates, each effective on the date of termination.

Appears in 1 contract

Samples: Employment Agreement (Honest Company, Inc.)

Conditions to Receipt of Severance Benefits. The receipt of the Severance Benefits will be subject to you signing and not revoking a separation agreement and release of claims in a form reasonably satisfactory to the Company (the “Separation AgreementRelease”) by no later than the sixtieth (60th) day after your employment termination (“Release Deadline”). No Severance Benefits will be paid or provided until the Separation Agreement Release becomes effective. You shall also resign from all positions and terminate any relationships as an employee, advisor, officer or director with the Company and any of its affiliates, each effective on the date of termination.

Appears in 1 contract

Samples: Employment Agreement (Honest Company, Inc.)

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