Severance Conditions. As a condition of and prior to the receipt of all or any of the Severance Benefits, Employee must execute and allow to become effective a general release of claims in the form attached hereto as Exhibit A within sixty (60) days of termination and to comply with the terms of this Agreement (the “Severance Conditions”). Upon any termination of Employee’s employment by the Company without Cause or by Employee for Good Reason, the Company and its affiliates (by and through their respective directors and senior executive officers) and Executive agree not to disparage the other party.
Severance Conditions. As a condition of and prior to the receipt of all or any of the Severance Benefits provided for upon death or Disability, Employee (or, in the case of death, Employee’s estate) must execute and allow to become effective a general release of claims in the form attached hereto as Exhibit A within sixty (60) days of termination and must comply with the terms of this Agreement. Upon any termination of Employee’s employment for death or Disability, the Company and its affiliates (by and through their respective directors and senior executive officers) and Executive (or, in the case of death, Employee’s estate) agree not to disparage the other party.
Severance Conditions. Your receipt of the severance benefits set forth in Section 6 is conditional upon (a) your continuing to comply with your obligations under your Employee Proprietary Information and Invention Assignment Agreement; and (b) your delivering to the Company an effective, general release of claims in favor of the Company within 60 days following your termination date. The salary continuation set forth in Section 6(c)(i) will be paid in equal installments on the Company’s regular payroll schedule and will be subject to applicable tax withholdings over the period outlined above following the date of your termination date; provided, however, that no payments will be made prior to the 60th day following your Separation from Service. On the 60th day following your Separation from Service, the Company will pay you in a lump sum the salary continuation that you would have received on or prior to such date under the original schedule but for the delay while waiting for the 60th day in compliance with Section 409A (“Section 409A”) of the Internal Revenue Code of 1986, as amended (the “Code”) and the effectiveness of the release, with the balance of the salary continuation being paid as originally scheduled.
Severance Conditions. The payment of Termination Benefits is subject to all the following conditions precedent (“Severance Conditions”):
Severance Conditions. Your receipt of the severance benefits set forth in Section 6 is conditional upon (a) your continuing to comply with all of your legal and contractual obligations to the Company; and (b) your delivering to the Company an effective and irrevocable general release of claims in favor of the Company within 60 days following your termination date. The salary continuation set forth in Section 6(b) will be paid in equal installments on the Company’s regular payroll schedule and will be subject to applicable tax withholdings over the period outlined above following the date of your termination date; provided, however, that no payments will be made prior to the release becoming effective. Within 60 days following your Separation from Service, and subject to the release being effective by the payment date, the Company will pay you in a lump sum the salary continuation that you would have received on or prior to such date under the original schedule but for the delay while waiting for the effectiveness of the release, with the balance of the salary continuation being paid on the Company’s regular payroll schedule.
Severance Conditions. The Company's obligation to make severance payments shall be conditioned upon (a) the Employee signing and returning to the Company (without revoking) a timely and effective general release and waiver in such form and covering such matters as the Company may in its reasonable discretion require, including without limitation releasing all Group Companies and their present and former directors, officers and employees from all claims related to Employee's employment or the termination thereof, by the deadline specified therein, which in all events shall be no later than the fiftieth (50th) calendar day following the date of termination (any such release submitted by such deadline, the "Release of Claims"), the form of which is attached hereto as Exhibit A; and (b) the Employee's compliance with all obligations contained in the Restrictive Covenants Agreement (or any similar agreement between the Employee and any of the Group Companies, whether in existence on the Effective Date or entered into thereafter). The Employee acknowledges and agrees that in the event of Employee's breach of the Restrictive Covenants Agreement the Company shall be entitled to repayment in full of any severance paid to Employee.
Severance Conditions. As a condition of and prior to the receipt of all or any of the Severance provided for death or Disability, Employee (or, in the case of death, Employee’s estate) must execute and allow to become effective a general release of claims in a form mutually acceptable to the parties in their reasonable determination and to comply with the terms of this Agreement (the “Severance Conditions”). Upon any termination of Employee’s employment for death or Disability, the Company and its affiliates (by and through their respective directors and senior executive officers) and Executive (or, in the case of death, Employee’s estate) agree not to disparage the other party.
Severance Conditions. Your receipt of the severance benefits set forth in Section 6 is conditional upon (a) your continuing to comply with your obligations under your Employee Proprietary Information and Invention Assignment Agreement; and (b) your delivering to the Company an effective, general release of claims in favor of the Company, that does not require you to release your right to the severance benefits or your right to be indemnified against third party claims, and does not impose any additional restrictive covenants on your activities following termination, within 60 days following your termination date. The salary continuation set forth in Section 6(c)(i) will be paid in equal installments on the Company’s regular payroll schedule and will be subject to applicable tax withholdings over the period outlined above following the date of your termination date; provided, however, that no payments will be made prior to the 60th day following your Separation from Service. On the 60th day following your Separation from Service, the Company will pay you in a lump sum the salary continuation that you would have received on or prior to such date under the original schedule but for the delay while waiting for the 60th day in compliance with Section 409A (“Section 409A”) of the Internal Revenue Code of 1986, as amended (the “Code”) and the effectiveness of the release, with the balance of the salary continuation being paid as originally scheduled.
Severance Conditions. Your receipt of any severance payments or benefits as described above is subject to (i) your continued compliance with the terms of your Employee Non-Competition, Non-Disclosure and Invention Assignment Agreement (the “Covenants Agreement”), and (ii) your signing and not revoking the Company’s then-standard separation agreement and release of claims (which may include an agreement not to disparage the Company, non-solicit provisions, and other standard restrictive covenants, terms and conditions), in substantially the form attached as Exhibit B to the Company’s Change of Control and Severance Policy (the “Release” and such requirement, the “Release Requirement”), which must become effective and irrevocable no later than the 60th day following the termination of your employment by the Company without Cause (the “Release Deadline”). If the Release does not become effective and irrevocable by the Release Deadline, your will forfeit any right to severance payments or benefits under this Amendment. In no event will severance payments or benefits under this Amendment be paid or provided until the Release actually becomes effective and irrevocable. Notwithstanding any other payment schedule set forth in this Amendment, none of the severance payments and benefits payable upon such your qualifying termination will be paid or otherwise provided 00 Xxxxx Xxxxxx, Xxx Xxxx, XX 00000, Xxxxxx Xxxxxx | xxxx.xxx EXHIBIT 10.24 prior to the 60th day following your qualifying termination. Except to the extent that payments are delayed under the paragraph below entitled “Section 409A,” on the first regular payroll pay day following the 60th day following your qualifying termination, the Company will pay or provide you the severance payments and benefits that you would otherwise have received under this Amendment on or prior to such date, with the balance of such severance payments and benefits being paid or provided as originally scheduled.
Severance Conditions. Employee shall be entitled to the severance benefits described in Section 3 provided that he satisfies each of the following Severance Conditions: (i) Employee executes and does not revoke this Agreement and this Agreement becomes effective immediately following the expiration of the revocation period set forth in Section 6 below; (ii) Employee performs his job duties and otherwise fulfills his responsibilities as described in Section 1 above through the Termination Date; (iii) Employee is not terminated by the Company for Cause (as defined in the Company’s Amended and Restated Executive Severance Benefit Policy in effect as of the date Employee signs this Agreement) during the Transition Period, (iv) Employee has not resigned or otherwise voluntarily terminated his employment with the Company without the Company’s consent during the Transition Period; and (v) Employee signs and returns the General Release attached as Exhibit A (the “General Release”) within ten (10) days following the Termination Date, does not revoke the General Release, and such General Release becomes effective within 20 days following the Termination Date (together, the “Severance Conditions”). Notwithstanding the above, all Severance Conditions shall be met upon the death of Employee.
