Common use of Termination by the Company Without Cause not in Connection With a Change in Control Clause in Contracts

Termination by the Company Without Cause not in Connection With a Change in Control. (a) The Company shall have the right to terminate Employee’s employment with the Company pursuant to this Section 6.1 at any time without “Cause” (as defined in Section 6.2(a) below) by giving notice as described in Section 6.7 of this Agreement. A termination pursuant to Section 6.6 below is not a termination without “Cause” for purposes of receiving the benefits described in this Section 6.1.

Appears in 3 contracts

Samples: Employment Agreement (Verrica Pharmaceuticals Inc.), Employment Agreement (Verrica Pharmaceuticals Inc.), Employment Agreement (Verrica Pharmaceuticals Inc.)

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Termination by the Company Without Cause not in Connection With a Change in Control. (a) The Company shall have the right to terminate EmployeeExecutive’s employment with the Company pursuant to this Section 6.1 at any time without “Cause” (as defined in Section 6.2(a) below) by giving notice as described in Section 6.7 7.1 of this Agreement. A termination pursuant to Section 6.6 6.5 below is not a termination without “Cause” Cause for purposes of receiving the benefits Severance Benefits described in (and as defined in) this Section 6.16.1 or the CIC Severance Benefits described in (and as defined in) Section 6.2.

Appears in 2 contracts

Samples: Executive Employment Agreement (Urgent.ly Inc.), Executive Employment Agreement (Urgent.ly Inc.)

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