Common use of Severance Upon Involuntary Termination Clause in Contracts

Severance Upon Involuntary Termination. Subject to Sections 4(d) and 9(o) and Executive’s continued compliance with Section 5, if Executive’s employment is Involuntarily Terminated, Executive shall be entitled to receive, in lieu of any severance benefits to which Executive may otherwise be entitled under any severance plan or program of the Company, the benefits provided below:

Appears in 39 contracts

Samples: Employment Agreement (Zentalis Pharmaceuticals, Inc.), Employment Agreement (Crinetics Pharmaceuticals, Inc.), Employment Agreement (Zentalis Pharmaceuticals, Inc.)

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Severance Upon Involuntary Termination. Subject to Sections 4(d5(e) and 9(o10(p) and Executive’s continued compliance with Section 56, if Executive’s employment is Involuntarily Terminated, Executive shall be entitled to receive, in lieu of any severance benefits to which Executive may otherwise be entitled under any severance plan or program of the Company, the benefits provided below:, which, with respect to clause (ii) and the last sentence of clause (iii) (if applicable) will be payable in a lump sum within ten (10) days following the effective date of Executive’s Release (as hereinafter defined):

Appears in 8 contracts

Samples: Executive Employment Agreement (Solis Tek, Inc./Nv), Executive Employment Agreement (Tonix Pharmaceuticals Holding Corp.), Executive Employment Agreement (Tonix Pharmaceuticals Holding Corp.)

Severance Upon Involuntary Termination. Subject to Sections 4(d) and 9(o10(o) and Executive’s continued compliance with Section 5, if Executive’s employment is Involuntarily Terminated, Executive shall be entitled to receive, in lieu of any severance benefits to which Executive may otherwise be entitled under any severance plan or program of the Company, the benefits provided below:

Appears in 6 contracts

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

Severance Upon Involuntary Termination. Subject to Sections 4(d4(e) and 9(o) and Executive’s continued compliance with Section 5, if Executive’s employment is Involuntarily Terminated, Executive shall be entitled to receive, in lieu of any severance benefits to which Executive may otherwise be entitled under any severance plan or program of the Company, the benefits provided below, which, with respect to clause (ii) and the last sentence of clause (iii) (if applicable) will be payable in a lump sum within ten (10) days following the effective date of Executive’s Release:

Appears in 5 contracts

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

Severance Upon Involuntary Termination. Subject to Sections 4(d4(e) and 9(o) and Executive’s continued compliance with Section 5, if Executive’s employment is Involuntarily Terminated, Executive shall be entitled to receive, in lieu of any severance benefits to which Executive may otherwise be entitled under any severance plan or program of the Company, the benefits provided below, which, with respect to clause (ii) below will be payable in a lump sum within ten (10) days following the effective date of Executive’s Release:

Appears in 5 contracts

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

Severance Upon Involuntary Termination. Subject to Sections 4(d5(f) and 9(o9(p) and Executive’s continued compliance with Section 56, if Executive’s employment is Involuntarily Terminated, Executive shall be entitled to receive, in lieu of any severance benefits to which Executive may otherwise be entitled under any severance plan or program of the Company, the benefits provided below:, which, with respect to clause (ii) and the last sentence of clause (iii) (if applicable) will be payable in a lump sum within ten (10) days following the effective date of Executive’s Release (as hereinafter defined):

Appears in 3 contracts

Samples: Executive Employment Agreement (Tonix Pharmaceuticals Holding Corp.), Executive Employment Agreement (Tonix Pharmaceuticals Holding Corp.), Executive Employment Agreement (Tonix Pharmaceuticals Holding Corp.)

Severance Upon Involuntary Termination. Subject to Sections 4(d) and 9(o) and In the event of Executive’s continued compliance with Section 5, if Executive’s employment is Involuntarily TerminatedTermination, Executive shall be entitled to receive, in lieu of any severance benefits to which Executive may otherwise be entitled under any severance plan or program of the CompanyCompany (other than as provided in Section 3(g) of this Agreement), the benefits provided below:, subject to Executive’s compliance with Section 4(f):

Appears in 2 contracts

Samples: Employment Agreement (Evoke Pharma Inc), Employment Agreement (Evoke Pharma Inc)

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Severance Upon Involuntary Termination. Subject to Sections 4(d5(f) and 9(o10(p) and Executive’s 's continued compliance with Section 56, if Executive’s 's employment is Involuntarily Terminated, Executive shall be entitled to receive, in lieu of any severance benefits to which Executive may otherwise be entitled under any severance plan or program of the Company, the benefits provided below:, which, with respect to clause (ii) and the last sentence of clause (iii) (if applicable) will be payable in a lump sum within ninety (90) days following the effective date of Executive's Release (as hereinafter defined):

Appears in 1 contract

Samples: Executive Employment Agreement (AMP Holding Inc.)

Severance Upon Involuntary Termination. Subject to Sections 4(d4(e) and 9(o) and Executive’s 's continued compliance with Section 5, if Executive’s 's employment is Involuntarily Terminated, Executive shall be entitled to receive, in lieu of any severance benefits to which Executive may otherwise be entitled under any severance plan or program of the Company, the benefits provided below, which, with respect to clause (ii) and the last sentence of clause (iii) (if applicable) will be payable in a lump sum within ten (10) days following the effective date of Executive's Release:

Appears in 1 contract

Samples: Employment Agreement (Zogenix Inc)

Severance Upon Involuntary Termination. Subject to Sections 4(d), 4(h) and 9(o10(o) and Executive’s continued compliance with Section 5, if Executive’s employment is Involuntarily Terminated, Terminated Executive shall be entitled to receive, in lieu of any severance benefits to which Executive may otherwise be entitled under any severance plan or program of the Company, the benefits provided below:

Appears in 1 contract

Samples: Employment Agreement (Bionomics Limited/Fi)

Severance Upon Involuntary Termination. Subject to Sections 4(d5(d), 5(h), 5(i) and 9(o10(o) and Executive’s continued compliance with Section 56, if Executive’s employment is Involuntarily Terminated, Executive shall be entitled to receive, in lieu of any severance benefits to which Executive may otherwise be entitled under any severance plan or program of the Company, the benefits provided below, which, with respect to clause (ii) below will be payable in a lump sum within ten (10) days following the effective date of Executive’s Release:

Appears in 1 contract

Samples: Employment Agreement (Zogenix, Inc.)

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