Common use of Separation Package Clause in Contracts

Separation Package. Regardless of whether Employee signs this Agreement, Employee acknowledges that, as of the Separation Date, Employee will receive any and all wages earned but unpaid through the Separation Date, including accrued but unused vacation time. In the event that Employee signs this Agreement, returns it to the Company and does not (and may no longer) revoke as provided in Section 17, Employee will receive the following separation package (the “Separation Package”):

Separation Package. Regardless of whether Employee signs this Agreement, Employee acknowledges that, as of the Separation Date, Employee will receive any and all wages earned but unpaid through the Separation Datewages, including accrued but unused vacation time. In the event that Employee signs this Agreement, returns it to the Company and does not (and may no longer) revoke as provided in Section 1718, Employee will receive the following separation package (the “Separation Package”):