Common use of Severance Period Clause in Contracts

Severance Period. For the purposes of this Agreement, the Severance Period shall be Nine Months (9) months; provided, that if the Executive’s Separation from Service occurs during a Change in Control Period (as defined below) Period, then the Severance Period shall be Twelve (12) months.

Appears in 3 contracts

Samples: Employment Agreement (Synageva Biopharma Corp), Employment Agreement (Synageva Biopharma Corp), Employment Agreement (Synageva Biopharma Corp)

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Severance Period. For the purposes of this Agreement, the Severance Period shall be Nine Twelve Months (912) months; provided, that if the Executive’s Separation from Service occurs during the twelve (12) month period following a Change in Control Period (as defined below) Period, then the Severance Period shall be Twelve (12) months.

Appears in 2 contracts

Samples: Employment Agreement (Synageva Biopharma Corp), Employment Agreement (Synageva Biopharma Corp)

Severance Period. For the purposes of this Agreement, the Severance Period shall be Nine Months (9) months; provided, that if the Executive’s Separation from Service occurs during the twelve (12) month period following a Change in Control Period (as defined below) Period, then the Severance Period shall be Twelve (12) months.

Appears in 2 contracts

Samples: Employment Agreement (Synageva Biopharma Corp), Employment Agreement (Synageva Biopharma Corp)

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Severance Period. For the purposes of this Agreement, the Severance Period shall be Nine Months eighteen (918) months; provided, that if the Executive’s Separation from Service occurs during the twelve (12) month period following a Change in Control Period (as defined below) Period), then the Severance Period shall be Twelve twenty-four (1224) months.

Appears in 1 contract

Samples: Employment Agreement (Synageva Biopharma Corp)

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