Common use of Severance Benefits Clause in Contracts

Severance Benefits. If the Company terminates Executive’s employment without Cause, and if Executive signs the Release on or within the time period set forth therein (but in no event later than forty-five (45) days after the termination date) and allows such Release to become effective, then:

Appears in 20 contracts

Samples: Employment Agreement (Travere Therapeutics, Inc.), Employment Agreement (Travere Therapeutics, Inc.), Employment Agreement (Retrophin, Inc.)

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Severance Benefits. If the Company Executive resigns his employment and terminates Executive’s employment without Causethis Agreement as a result of a Constructive Termination, and if Executive signs the Release on or within the time period set forth therein (but in no event later than forty-five (45) days after the termination date) and allows such Release to become effective, then:then Executive shall receive all of the severance benefits set forth in Section 6.5(b) herein.

Appears in 18 contracts

Samples: Employment Agreement (Retrophin, Inc.), Employment Agreement (Neurocrine Biosciences Inc), Employment Agreement (Retrophin, Inc.)

Severance Benefits. If the Company terminates Executive’s employment without Cause, and if Executive signs the Release on or within the time period set forth therein (but in no event later than forty-five (45) days after the termination date) and allows such Release to become effectiveeffective (the “Release Effective Date”), then:

Appears in 5 contracts

Samples: Employment Agreement (Neurocrine Biosciences Inc), Employment Agreement (Neurocrine Biosciences Inc), Employment Agreement (Neurocrine Biosciences Inc)

Severance Benefits. If the Company Executive resigns her employment and terminates Executive’s employment without Causethis Agreement as a result of a Constructive Termination, and if Executive signs the Release on or within the time period set forth therein (but in no event later than forty-five (45) days after the termination date) and allows such Release to become effective, then:then Executive shall receive all of the severance benefits set forth in Section 6.5(b) herein.

Appears in 4 contracts

Samples: Employment Agreement (Neurocrine Biosciences Inc), Employment Agreement (Retrophin, Inc.), Employment Agreement (Retrophin, Inc.)

Severance Benefits. If the Company terminates Executive resigns Executive’s employment without Causeand terminates this Agreement as a result of a Constructive Termination, and if Executive signs the Release on or within the time period set forth therein (but in no event later than forty-five (45) days after the termination date) and allows such Release to become effective, then:then Executive shall receive all of the severance benefits set forth in Section 6.5(b) herein.

Appears in 2 contracts

Samples: Employment Agreement (Travere Therapeutics, Inc.), Employment Agreement (Travere Therapeutics, Inc.)

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Severance Benefits. If If, during the Effective Period the Executive incurs a termination by the Company without Cause or the Executive terminates Executive’s employment without Causefor Good Reason, and if the Executive signs executes and delivers to the Release on or Company within 30 days after the Date of Termination, and does not rescind within the time period set forth therein (but in no event later than forty-five (45) days after allowed thereby, the termination date) and allows such Release to become effective, thenTermination Release:

Appears in 1 contract

Samples: Senior Executive Retention Agreement (Joy Global Inc)

Severance Benefits. If the Company Executive resigns his employment and terminates Executive’s employment without Causethis Agreement as a result of a Constructive Termination, and if Executive signs the Release on or within the time period set forth therein (but in no event later than forty-five (45) days after the termination date) and allows such Release to become effective, then:then Executive shall receive all of the severance benefits set forth in Section 6.5(b) herein. 5

Appears in 1 contract

Samples: Employment Agreement (Neurocrine Biosciences Inc)

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