Common use of Any Accrued Bonus Clause in Contracts

Any Accrued Bonus. Subject to the provisions of Section VIII.f., the Severance Payment; and Vested options shall remain exercisable in accordance with the terms of the 2005 Plan or such other plan of the Company or agreement executed by the Company and the Executive as the same may be in effect from time to time, as applicable, that control such vested options. The Company shall, subject to Section IX.k., pay all amounts due under this Section VIII.e. within thirty (30) days following the Executive's effective date of termination. Notwithstanding the foregoing, if the Executive terminates employment with the Company for Good Reason following a Change of Control (as defined in the CC Plan as in effect from time to time), then the Executive shall be entitled only to the payments and rights as provided in Section VII.

Appears in 2 contracts

Samples: Employment Agreement (NPS Pharmaceuticals Inc), Employment Agreement (NPS Pharmaceuticals Inc)

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Any Accrued Bonus. Subject to the provisions of Section VIII.fIX.f., the Severance PaymentBenefit; and Vested options shall remain exercisable in accordance with the terms of the 2005 Plan or such other plan of the Company or agreement executed by the Company and the Executive as the same may be in effect from time to time, as applicable, that control such vested options. The Company shall, subject to Section IX.kX.k., pay all amounts due under this Section VIII.eIX.e. within thirty sixty (3060) days following the Executive's effective date of termination. Notwithstanding the foregoing, if the Executive terminates employment with the Company for Good Reason following a Change of Control (as defined in the CC Plan as in effect from time to time), then the Executive shall be entitled only to the payments and rights as provided in Section VIIVIII.

Appears in 1 contract

Samples: Employment Agreement (NPS Pharmaceuticals Inc)

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Any Accrued Bonus. Subject to the provisions of Section VIII.f., the Severance Payment; and Vested options shall remain exercisable in accordance with the terms of the 2005 1998 Plan or such other plan of the Company or agreement executed by the Company and the Executive as the same may be in effect from time to time, as applicable, that control such vested options. The Company shall, subject to Section IX.k., pay all amounts due under this Section VIII.e. within thirty (30) days following the Executive's effective date of termination. Notwithstanding the foregoing, if the Executive terminates employment with the Company for Good Reason following a Change of Control (as defined in the CC Plan as in effect from time to time), then the Executive shall be entitled only to the payments and rights as provided in Section VII.

Appears in 1 contract

Samples: Employment Agreement (NPS Pharmaceuticals Inc)

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