Common use of Severance Consideration Clause in Contracts

Severance Consideration. In consideration of the covenants and promises contained in this Agreement, and as full and final compensation to Executive for all services as an employee of Receptos, Executive shall receive from Receptos (less appropriate deductions and withholdings) the severance payments set forth in Section 6 of Executive’s Amended and Restated Employment Agreement dated September 17, 2013 (as amended to date) (the “Amended Employment Agreement”).

Appears in 6 contracts

Samples: Employment Agreement (Receptos, Inc.), Employment Agreement (Receptos, Inc.), Employment Agreement (Receptos, Inc.)

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Severance Consideration. In consideration of the covenants and promises contained in this Agreement, and as full and final compensation to Executive for all services as an employee of Receptos, Executive shall receive from Receptos (less appropriate deductions and withholdings) the severance payments set forth in Section 6 of Executive’s Amended and Restated Employment Agreement dated September 17November 25, 2013 (as amended to date) (the “Amended Employment Agreement”).

Appears in 2 contracts

Samples: Employment Agreement (Receptos, Inc.), Employment Agreement (Receptos, Inc.)

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Severance Consideration. In consideration of the covenants and promises contained in this Agreement, and as full and final compensation to Executive for all services as an employee of Receptos, Executive shall receive from Receptos (less appropriate deductions and withholdings) the severance payments set forth in Section 6 of Executive’s Amended and Restated Employment Agreement dated September 17[ ], 2013 20[ ] (as amended to date) (the “Amended Employment Agreement”).

Appears in 1 contract

Samples: Employment Agreement (Receptos, Inc.)

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