Common use of Termination Severance Clause in Contracts

Termination Severance. (a) If (i) Employee’s employment is terminated by the Company without Cause or (ii) if a Change in Control of the Company occurs and Employee’s employment with the Company or its successor Terminates In Connection With a Change in Control and in the absence of any event or circumstance constituting Cause, then, in either case:

Appears in 6 contracts

Samples: Employment Agreement (La Jolla Pharmaceutical Co), Employment Agreement (La Jolla Pharmaceutical Co), Employment Agreement (La Jolla Pharmaceutical Co)

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Termination Severance. (a) If (i) Employee’s employment is terminated by the Company without Cause or (ii) if a Change in Control of the Company occurs and Employee’s employment with the Company or its successor Terminates In Connection With a Change in Control Control, and in the absence of any event or circumstance constituting Cause, then, in either case:

Appears in 1 contract

Samples: Employment Agreement (La Jolla Pharmaceutical Co)

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