Common use of Termination of Employment Severance Clause in Contracts

Termination of Employment Severance. Executive’s employment relationship is at-will. Either Executive or the Company may terminate the employment relationship at any time, with or without cause or advance notice. Executive will be eligible for severance under the Company’s Executive Severance Benefit Plan, adopted by the Board on December 17, 2013, as it may be amended from time to time, subject to the terms and conditions set forth therein.

Appears in 2 contracts

Samples: Employment Agreement (Revance Therapeutics, Inc.), Executive Employment Agreement (Revance Therapeutics, Inc.)

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Termination of Employment Severance. Executive’s employment relationship is at-will. Either Executive or the Company may terminate the employment relationship at any time, with or without cause or advance notice. Executive will be eligible for severance under the Company’s Executive Severance Benefit Plan, adopted by the Board on December 17, 2013Board, as it may be amended from time to time, subject to the terms and conditions set forth therein.

Appears in 2 contracts

Samples: Executive Employment Agreement (Revance Therapeutics, Inc.), Executive Employment Agreement (Revance Therapeutics, Inc.)

Termination of Employment Severance. Executive’s 's employment relationship is at-will. Either Executive or the Company may terminate the employment relationship at any time, with or without cause or advance notice. Upon termination of Executive's employment, Executive will shall be eligible for severance under the Company’s Executive Severance Benefit Plan, adopted by the Board on December 17, 2013, as it may be amended from time to time, subject entitled to the terms compensation and conditions set forth thereinbenefits described in this Section 3 and shall have no further rights to any compensation or any other benefits from the Company or any of its affiliates.

Appears in 1 contract

Samples: Executive Employment Agreement (Cellceutix CORP)

Termination of Employment Severance. Executive’s employment relationship is at-will. Either Executive or the Company may terminate the employment relationship at any time, with or without cause or advance notice. The Executive will be eligible for severance under the Company’s Executive Severance Benefit Plan, adopted by the Board on December 17Board, 2013, as it may be and amended from time to time, subject to the terms and conditions set forth thereintime (see attached).

Appears in 1 contract

Samples: Executive Employment Agreement (Revance Therapeutics, Inc.)

Termination of Employment Severance. Executive’s employment relationship is at-will. Either Executive or the Company may terminate the employment relationship at any time, with or without cause or advance notice. Executive will be eligible for severance under the Company’s Amended and Restated Executive Severance Benefit Plan, adopted by the Board on December 17, 2013Board, as it may be amended from time to time. As of the Start Date, subject to Executive’s Severance Multiplier (as defined in the terms Severance Plan) is nine (9) for a Non-Change in Control Termination and conditions set forth thereintwelve (12) for a Change in Control Termination.

Appears in 1 contract

Samples: Executive Employment Agreement (Revance Therapeutics, Inc.)

Termination of Employment Severance. Executive’s 's employment relationship is at-will. Either Executive or the Company may terminate the employment relationship at any time, with or without cause or advance notice. The Executive will be eligible for severance under the Company’s 's Executive Severance Benefit Plan, adopted by the Board on December 17Board, 2013, as it may be and amended from time to time, subject to the terms and conditions set forth thereintime (see attached).

Appears in 1 contract

Samples: Executive Employment Agreement (Revance Therapeutics, Inc.)

Termination of Employment Severance. Executive’s employment relationship is at-will. Either Executive or the Company may terminate the employment relationship at any time, with or without cause or advance notice. Executive will be eligible for severance under the Company’s Executive Severance Benefit Plan, adopted by the Board on December 17, 20132013 and effective upon the date of the Company’s initial public offering, as it may be amended from time to time, subject . Prior to the terms and conditions set forth therein.effective date of the

Appears in 1 contract

Samples: Executive Employment Agreement (Revance Therapeutics, Inc.)

Termination of Employment Severance. Executive’s employment relationship is at-will. Either Executive or the Company may terminate the employment relationship at any time, with or without cause or advance notice. Upon termination of Executive’s employment, Executive will shall be eligible for severance under the Company’s Executive Severance Benefit Plan, adopted by the Board on December 17, 2013, as it may be amended from time to time, subject entitled to the terms compensation and conditions set forth thereinbenefits described in this Section 3 and shall have no further rights to any compensation or any other benefits from the Company or any of its affiliates.

Appears in 1 contract

Samples: Form of Executive Employment Agreement (Cellceutix CORP)

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Termination of Employment Severance. ExecutiveEmployee’s employment relationship is at-will. Either Executive Employee or the Company may terminate the employment relationship at any time, with or without cause or advance notice. Executive Employee will be eligible for severance under the Company’s Executive Employee Severance Benefit Plan (the “Severance Plan”), adopted by the Board on December 17, 2013Board, as it may be amended from time to time, subject to the terms and conditions set forth therein.

Appears in 1 contract

Samples: Employment Agreement (Revance Therapeutics, Inc.)

Termination of Employment Severance. Executive’s employment relationship is at-will. Either Executive or the Company may terminate the employment relationship at any time, with or without cause Cause or advance notice. Executive will be eligible for severance under the Company’s Executive Severance Benefit Plan, Plan as adopted by the Board on December 17, 2013, and as it may be amended from time to timetime (the “Severance Plan”). As of the Start Date, subject to Executive’s Severance Multiplier (as defined in the terms Severance Plan) is eighteen (18) for a Non-Change in Control Termination and conditions set forth thereintwenty-four (24) for a Change in Control Termination.

Appears in 1 contract

Samples: Executive Employment Agreement (Revance Therapeutics, Inc.)

Termination of Employment Severance. Executive’s employment relationship is at-will. Either Executive or the Company may terminate the employment relationship at any time, with or without cause or advance notice. Executive will be eligible for severance under the Company’s Executive Severance Benefit Plan, adopted by the Board on December 17, 2013, as it may be amended from time to time, subject to 2013 and effective upon the terms and conditions set forth therein.date of the Company’s initial

Appears in 1 contract

Samples: Executive Employment Agreement (Revance Therapeutics, Inc.)

Termination of Employment Severance. Executive’s employment relationship is at-will. Either Executive or the Company may terminate the employment relationship at any time, with or without cause or advance notice. Executive will be eligible for severance under the Company’s Executive Severance Benefit Plan, adopted by the Board on December 17, 20132013 and effective upon the date of the Company’s initial public offering, as it may be amended from time to time, subject to the terms and conditions set forth therein.

Appears in 1 contract

Samples: Executive Employment Agreement (Revance Therapeutics, Inc.)

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