Common use of Separation Payments and Benefits Clause in Contracts

Separation Payments and Benefits. Without admission of any liability, fact or claim, the Company hereby agrees, subject to Executive’s timely execution and non-revocation hereof and Executive’s compliance with Executive’s obligations pursuant to this Agreement and the Surviving Provisions, to provide Executive the severance payments and benefits set forth below:

Appears in 3 contracts

Samples: Separation and Release Agreement (Synergy Pharmaceuticals, Inc.), Separation and Release Agreement (Avant Diagnostics, Inc), Separation and Release Agreement (Avant Diagnostics, Inc)

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Separation Payments and Benefits. Without admission of any liability, fact or claim, the Company hereby agrees, subject to Executive’s timely the execution and non-revocation hereof of this Agreement and Executive’s compliance with Executive’s performance of his continuing obligations pursuant to this Agreement and any confidentiality agreements between the Surviving ProvisionsCompany and Executive (the “Confidentiality Agreement”), to provide Executive the severance payments and benefits set forth below. Specifically, the Company and Executive agree as follows:

Appears in 2 contracts

Samples: Separation Agreement (Bebe Stores, Inc.), Separation Agreement (Bebe Stores, Inc.)

Separation Payments and Benefits. Without admission of any liability, fact or claim, the Company hereby agrees, subject to Executive’s timely the execution and non-revocation hereof of this Agreement, Executive’s material compliance with any continuing obligations under that certain employment agreement by and between Executive and the Company dated as of [ ], 2011 (the “Employment Agreement”) and Executive’s material compliance with Executive’s obligations pursuant to this the Confidentiality Agreement and the Surviving Provisions, (as defined below) to provide Executive the severance payments and benefits set forth below:in Section [ ] of the Employment Agreement.

Appears in 1 contract

Samples: Employment Agreement (Conceptus Inc)

Separation Payments and Benefits. Without admission of any liability, fact or claim, the Company hereby agrees, subject to Executive’s timely the execution and non-revocation hereof of this Agreement and Executive’s compliance with Executive’s performance of his continuing obligations pursuant to this Agreement Agreement, any offer letter or employment agreement between Executive and the Surviving ProvisionsCompany, the Confidentiality Agreement (as defined below), to provide Executive the severance payments and benefits set forth below. Specifically, the Company and Executive agree as follows:

Appears in 1 contract

Samples: General Release and Separation Agreement (Conceptus Inc)

Separation Payments and Benefits. Without admission of any liability, fact or claim, the Company hereby agrees, subject to Executive’s timely execution and non-revocation hereof of this Agreement and Executive’s compliance with Executive’s performance of his continuing obligations pursuant to this Agreement, the Employment Agreement and that certain Confidential Information and Invention Assignment Agreement entered into between Executive and the Surviving ProvisionsCompany (the “Confidentiality Agreement”), to provide Executive the severance payments and benefits set forth below. Specifically, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Employment Agreement (Restoration Robotics Inc)

Separation Payments and Benefits. Without admission of any liability, fact or claim, the Company hereby agrees, subject to Executive’s timely the execution and non-revocation hereof of this Agreement and Executive’s compliance with Executive’s performance of his continuing obligations pursuant to this Agreement and that certain Employee Confidentiality and Inventions Assignment Agreement entered into between Executive and the Surviving ProvisionsCompany as of November 1, 2004 (the “Confidentiality Agreement”), to provide Executive the severance payments and benefits set forth below. Specifically, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Separation Agreement (Intermolecular Inc)

Separation Payments and Benefits. Without admission of any liability, fact or claim, the Company hereby agrees, subject to Executive’s timely execution and non-revocation hereof of this Agreement and Executive’s compliance with Executive’s performance of his or her continuing obligations pursuant to this Agreement, the Employment Agreement and that certain Confidential Information and Invention Assignment Agreement entered into between Executive and the Surviving ProvisionsCompany (the “Confidentiality Agreement”), to provide Executive the severance payments and benefits set forth below. Specifically, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Separation Agreement (KalVista Pharmaceuticals, Inc.)

Separation Payments and Benefits. Without admission of any liability, fact or claim, the Company hereby agrees, subject to Executive’s timely the execution and non-revocation hereof by both parties and Executive’s compliance with Executive’s performance of his continuing obligations pursuant to this Agreement and the Surviving ProvisionsSeverance Agreement, to provide Executive the severance payments and benefits set forth below. Specifically, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Separation Agreement (Guitar Center Holdings, Inc.)

Separation Payments and Benefits. Without admission of any liability, fact or claim, the Company hereby agrees, subject to (i) Executive’s timely execution and non-revocation hereof delivery to the Company of this Agreement and (ii) Executive’s compliance with performance of Executive’s continuing obligations pursuant to this Agreement and the Surviving ProvisionsConfidential Information and Invention Assignment comparable Agreement entered into between Executive and the Company as of May 11, 2021 (the “Confidentiality Agreement) to provide Executive the severance payments and benefits set forth below. Specifically, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Separation Agreement (Imago BioSciences, Inc.)

Separation Payments and Benefits. Without admission of any liability, fact or claim, the Company hereby agrees, subject to Executive’s timely the execution and non-revocation hereof of this Agreement and Executive’s compliance with Executive’s performance of his continuing obligations pursuant to this Agreement and the Surviving ProvisionsConfidentiality Agreement, to provide Executive the severance payments and benefits set forth below. Specifically, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Transition and Separation Agreement (Thoratec Corp)

Separation Payments and Benefits. Without admission of any liability, fact or claim, the Company hereby agrees, subject to Executive’s timely the execution and non-revocation hereof of this Agreement and Executive’s compliance with Executive’s performance of his continuing obligations pursuant to this Agreement and that certain Employee Confidentiality and Inventions Assignment Agreement entered into between Executive and the Surviving ProvisionsCompany on or about March 27, 2017 (the “Confidentiality Agreement”), to provide Executive the severance payments and benefits set forth below, in full satisfaction of any amounts owed under the Employment Agreement. Specifically, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Separation Agreement (Intermolecular Inc)

Separation Payments and Benefits. Without admission of any liability, fact or claim, the Company hereby agrees, subject to Executive’s timely the execution and non-revocation hereof of this Agreement and Executive’s compliance with Executive’s performance of his continuing obligations pursuant to this Agreement and that certain Employee Confidentiality and Inventions Assignment Agreement entered into between Executive and the Surviving ProvisionsCompany as of May 31, 2010 (the “Confidentiality Agreement”), to provide Executive the severance payments and benefits set forth below:. Specifically, the Company and Executive agree as follows: SV\1416236.2

Appears in 1 contract

Samples: Separation Agreement (Intermolecular Inc)

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Separation Payments and Benefits. Without admission of any liability, fact or claim, the Company hereby agrees, subject to Executive’s timely the execution and non-revocation hereof by both parties and Executive’s compliance with Executive’s performance of his continuing obligations pursuant to this Agreement and the Surviving ProvisionsEmployment Agreement, to provide Executive the severance payments and benefits set forth belowin Section 3(b) of the Employment Agreement and certain other benefits. Specifically, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Transition Agreement (Guitar Center Inc)

Separation Payments and Benefits. Without admission of any liability, fact or claim, the Company hereby agrees, subject to Executive’s timely execution and non-revocation hereof of the General Release and Executive’s compliance with Executive’s obligations pursuant to this Agreement Agreement, the General Release and the Surviving ProvisionsRestrictive Covenants (as defined below), to provide Executive the severance payments and benefits set forth below:below in this Section 2 (collectively, the “Severance Benefits”):

Appears in 1 contract

Samples: Separation Agreement (Synergy Pharmaceuticals, Inc.)

Separation Payments and Benefits. Without admission of any liability, fact or claim, the Company hereby agrees, subject to Executive’s timely the execution and non-revocation hereof of this Agreement and Executive’s compliance with Executive’s performance of his continuing obligations pursuant to this the Company’s standard Employee Proprietary Information and Inventions Agreement and (the Surviving Provisions“Confidentiality Agreement”), to provide Executive the severance payments and benefits set forth below. Specifically, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Separation Agreement (Integrated Device Technology Inc)

Separation Payments and Benefits. Without admission of any liability, fact or claim, the Company hereby agrees, subject to Executive’s timely execution and non-revocation hereof of this Agreement and Executive’s compliance with Executive’s performance of his continuing obligations pursuant to this Agreement, the Employment Agreement and that certain Confidential Information and Disclosure Agreement entered into between Executive and the Surviving ProvisionsCompany (the “Confidentiality Agreement”), to provide Executive the severance payments and benefits set forth below. Specifically, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Executive Employment Agreement (Clean Energy Technologies, Inc.)

Separation Payments and Benefits. Without admission of any liability, fact or claim, the Company hereby agrees, subject to Executive’s timely execution and non-revocation hereof of this Agreement and Executive’s compliance with Executive’s performance of his continuing obligations pursuant to this Agreement, the Employment Agreement and the Surviving ProvisionsConfidentiality Agreement, to provide Executive the severance payments and benefits set forth below. Specifically, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Transition and Separation Agreement (Carbylan Therapeutics, Inc.)

Separation Payments and Benefits. Without admission of any liability, fact or claim, the Company hereby agrees, subject to Executive’s timely execution and non-revocation hereof of this Agreement and Executive’s compliance with Executive’s obligations performance of his or her continuing obligation s pursuant to this Agreement, the Employment Agreement and that certain Confidential Information and Invention Assignment Agreement entered into between Executive and the Surviving ProvisionsCompany (the “Confidentiality Agreement”), to provide Executive the severance payments and benefits set forth below. Specifically, the Company and Executive agree as follows:

Appears in 1 contract

Samples: Separation Agreement (KalVista Pharmaceuticals, Inc.)

Separation Payments and Benefits. Without admission of any liability, fact or claim, the Company hereby agrees, subject to Executive’s timely the execution and non-revocation hereof of this Agreement, Executive’s material compliance with any continuing obligations under that certain employment agreement by and between Executive and the Company dated as of [ ], 2014 (the “Employment Agreement”) and Executive’s material compliance with Executive’s obligations pursuant to this the Confidentiality Agreement and the Surviving Provisions, (as defined below) to provide Executive the severance payments and benefits set forth below:in Section 6[ ] of the Employment Agreement.

Appears in 1 contract

Samples: Employment Agreement (Thoratec Corp)

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