Executive Severance Plan Sample Clauses
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Executive Severance Plan. Executive shall be deemed an Eligible Employee and an Executive Officer and entitled to receive certain severance benefits under the Sangamo Therapeutics, Inc. Executive Severance Plan dated February 6, 2019 (the “Severance Plan”) subject to the terms and conditions of the Severance Plan. A copy of the Severance Plan has been provided to Executive concurrently with this Agreement. Notwithstanding the foregoing, in the event that the Company withdraws this offer after it is signed by Executive or terminates this Agreement prior to the Effective Date for any reason other than Executive’s failure to successfully pass the requirements for a background check clearance, satisfactory reference check, and satisfactory proof of Executive’s legal right to work in the United States required under Section 8(a) herein, then Executive shall be entitled to severance under the Severance Plan as though his employment was terminated by the Company other than for Cause to the same extent as he would otherwise be entitled had such termination occurred after the Effective Date; provided, however, that Executive shall not be entitled to such severance if he has not notified his current employer of his intent to resign his employment at the time the Company informs him of the withdrawal or termination of this Agreement.
Executive Severance Plan. In the event Antero Resources or Antero Midstream adopts a severance plan (each a “Severance Plan”), subject to the terms thereunder and effective as of the dates thereof, Rady shall be eligible to participate in such Severance Plan on the same basis, and at the same level of benefits, as the Chief Executive Officer of Antero Resources or Antero Midstream, as applicable, participates in such Severance Plan, in accordance with its terms. Rady’s eligibility under any such Severance Plan, and the calculation of any benefits thereunder, shall be determined based on the base salary and target bonus applicable to Rady as of the date immediately preceding the Effective Date. For purposes of any such Severance Plan and the determination of any benefits thereunder, the termination of this Agreement and Rady’s employment at the end of the Term will not constitute a termination of Rady’s employment for which Rady will be entitled to severance or other benefits under any such Severance Plan; however, in the event a Change of Control (as defined in the Severance Plan) occurs during the Term, Rady’s employment will be deemed to have been terminated without cause by the Companies upon the closing of such Change of Control. Further, Rady shall have protections limiting or restricting the Companies’ ability to amend, terminate or replace his benefits under any such plan that are at least as favorable as any such protections that apply to any Company Chief Executive Officer that participates in any such plan.
Executive Severance Plan. You will be eligible for certain severance benefits as a Tier 2 Executive as described in Company’s Executive Severance Plan, as amended from time to time (the “Severance Plan”), a copy of which (excluding the exhibits thereto) is attached hereto as Exhibit A. Any and all such severance benefits are subject to the terms and conditions of the Severance Plan. As a condition to participate in the Severance Plan, you hereby acknowledge that the severance benefits that may be provided to you under the Severance Plan will supersede and replace any severance benefit plan, policy or practice previously maintained by the Company, any of its affiliates, or its predecessors, that may have been applicable to you and any severance benefits under any individually negotiated employment agreement, offer letter or equity award agreement, as may be amended from time to time, between you and the Company, any of its affiliates or its predecessors, including, without limitation, the Prior Agreement. In addition, as a condition to participate in the Severance Plan, you hereby acknowledge that you will continue to comply with the Restrictive Covenants Agreement (or other similar agreements entered into between you and the Company). This Agreement serves as the Participation Agreement for purposes of the Severance Plan and, for the avoidance of doubt, upon your execution of this Agreement, you will be deemed to have accepted the terms of, and to be participating in, the Severance Plan.
Executive Severance Plan. You are eligible for severance benefits under the terms of the Senior Executive Severance Plan (“Severance Plan”).
Executive Severance Plan. “Executive Severance Plan,” when immediately preceded by “Clearwater,” means the Potlatch Forest Products Corporation Severance Program for Executive Employees, an ERISA severance program, to be retained by Clearwater. When immediately preceded by “Potlatch,” “Executive Severance Plan” means the severance program for eligible executives to be established by Potlatch pursuant to Sections 2.2 and 6.6(a).
Executive Severance Plan. Effective as of the Distribution Date, Potlatch shall establish the Potlatch Executive Severance Plan that shall be substantially identical in all Material Features to the Clearwater Executive Severance Plan.
Executive Severance Plan. Executive shall be deemed an Eligible Employee and an Executive Officer and shall continue to be entitled to receive certain severance benefits under the Sangamo Therapeutics, Inc. Executive Severance Plan amended and restated effective as of October 28, 2023, as amended from time to time thereafter (the “Severance Plan”) subject to the terms and conditions of the Severance Plan. A copy of the Severance Plan has been provided to Executive concurrently with this Agreement.
Executive Severance Plan. Executive shall be entitled to participate in the BUCA, Inc. Executive Severance Plan, in accordance with the terms and conditions of such plan as in effect from time to time. For the purpose of determining Executive’s benefits under such plan, Executive’s Designated Number (as defined in such plan) shall be six prior to, and twelve on or after, a Change of Control (as defined in such plan).
Executive Severance Plan. Executive Severance Plan means the H&R Block, Inc. Executive Severance Plan as amended and restated effective May 9, 2022, and any successor thereto.
Executive Severance Plan. For purposes of the Zoetis Executive Severance Plan (the “Severance Plan”), the termination of your employment on the Termination Date shall be considered an “Involuntary Separation” (as defined in the Severance Plan), entitling you to the following compensation and benefits, subject to the terms of the Severance Plan:
