Xxxxxxxxx Pay. The Company will pay to you $420,784, less all applicable taxes and withholdings, as severance pay (an amount equivalent to twelve (12) months of your current base salary). This severance pay will be paid in installments in accordance with the Company’s regular payroll practices, but in no event shall payments begin earlier than the Company’s first payroll date following expiration of the Revocation Period.
Appears in 2 contracts
Samples: Hand Delivery (Pandion Therapeutics Holdco LLC), Via Hand Delivery (Pandion Therapeutics Holdco LLC)
Xxxxxxxxx Pay. The Company will pay to you [$420,784$$$], less all applicable taxes and withholdings, as severance pay (an amount equivalent to twelve [number (12#) months weeks / months] of your current base salary). This severance pay will be paid in installments in accordance with the Company’s regular payroll practices, but in no event shall payments begin earlier than the Company’s first payroll date following expiration of the Revocation Period.
Appears in 1 contract
Samples: Invention Assignment Agreement (Translate Bio, Inc.)
Xxxxxxxxx Pay. The Company will pay to you four hundred and nine thousand, seven hundred forty four dollars ($420,784, 409,744) less all applicable taxes and withholdings, as severance pay (an amount equivalent to twelve nine (129) months of your current base salary). This severance pay will be paid in installments in accordance with the Company’s regular payroll practices, but in no event shall payments begin earlier than the Company’s first regular payroll date following expiration of the Revocation Period.
Appears in 1 contract
Samples: Mersana Therapeutics, Inc.
Xxxxxxxxx Pay. The Company will pay to you $420,784382,130, less all applicable taxes and withholdings, as severance pay (an amount equivalent to twelve (12) months of your current base salary). This severance pay will be paid in installments in accordance with the Company’s regular payroll practices, but in no event shall payments begin earlier than the Company’s first payroll date following expiration of the Revocation Period.
Appears in 1 contract
Samples: Achillion Pharmaceuticals Inc
Xxxxxxxxx Pay. The Company will pay to you $420,784278,250, less all applicable taxes and withholdings, as severance pay (an amount equivalent to twelve (12) nine months of your current base salary). This The severance pay will be paid in 18 equal semi-monthly installments in accordance with the Company’s regular payroll practices, but in no event shall payments begin earlier than the Company’s first payroll date following expiration of the Revocation PeriodPeriod for the Additional Release (as described therein).
Appears in 1 contract
Samples: Karyopharm Therapeutics Inc.
Xxxxxxxxx Pay. The Company will pay to you $420,784303,750.00, less all applicable taxes and withholdings, as severance pay (an amount equivalent to twelve (12) nine months of your current base salary). This severance pay will be paid in equal installments in accordance with the Company’s regular payroll practices, but in no event shall payments begin earlier than prior to the later of the Company’s first payroll date following expiration of the Revocation PeriodPeriod or January 1, 2021.
Appears in 1 contract
Samples: Translate Bio, Inc.
Xxxxxxxxx Pay. The Company will pay to you twenty-four (24) semi-monthly payments of $420,78419,082.50, less all applicable taxes and withholdings, as severance pay (an amount equivalent to twelve (12) months of your current base salary). This severance pay will be paid in installments in accordance with the Company’s regular payroll practices, but in no event shall payments begin earlier than the Company’s first payroll date following expiration of the Revocation Period.
Appears in 1 contract
Samples: Karyopharm Therapeutics Inc.
Xxxxxxxxx Pay. The Company will pay to you $420,784202,000, less all applicable taxes and withholdings, as severance pay (an amount equivalent to twelve (12) six months of your current base salary). This The severance pay will be paid in 12 equal semi-monthly installments in accordance with the Company’s regular payroll practices, but in no event shall payments begin earlier than the Company’s first payroll date following expiration of the Revocation PeriodPeriod for the Additional Release (as described therein).
Appears in 1 contract
Samples: Consulting Agreement (Karyopharm Therapeutics Inc.)
Xxxxxxxxx Pay. The Company will pay to you $420,784265,125 (which corresponds to nine months of salary), less all applicable taxes and withholdings, as severance pay (an amount equivalent to twelve (12) nine months of your current base salary). This severance pay will be paid in equal installments in accordance with the Company’s regular payroll practices, but in no event shall payments begin earlier than the Company’s first payroll date following expiration of the Revocation Period.
Appears in 1 contract
Samples: Translate Bio, Inc.
Xxxxxxxxx Pay. The Company will pay to you $420,784779,851.50, less all applicable taxes and withholdings, as severance pay (an amount equivalent to twelve eighteen (1218) months of your current 2021 base salary, inclusive of a 4% increase). This severance pay will be paid in installments in accordance with the Company’s regular payroll practices, but in no event shall payments begin earlier than the Company’s first payroll date following expiration of the Revocation Period.
Appears in 1 contract
Samples: Consulting Agreement (Karyopharm Therapeutics Inc.)
Xxxxxxxxx Pay. The Company will pay to you $420,784580,000, less all applicable taxes and withholdings, as severance pay (an amount equivalent to twelve (12) months 52 weeks of your current base salary). This severance pay will be paid in installments in accordance with the Company’s regular payroll practices, but in no event shall payments begin earlier than the Company’s first payroll date following expiration of the Revocation Period.
Appears in 1 contract
Samples: Tetraphase Pharmaceuticals Inc
Xxxxxxxxx Pay. The As described in Section 7(a) of the Severance Plan, the Company will pay to you $420,784670,000, less all applicable taxes and withholdings, as severance pay (an amount equivalent to twelve (12) months of pay at your current base salarysalary rate). This severance pay will be paid in installments in accordance with the Company’s regular payroll practices, but in no event shall payments begin earlier than commencing on the Company’s first payroll date following the expiration of the Revocation Period.
Appears in 1 contract
Xxxxxxxxx Pay. The Company will pay to you $420,784283,731, less all applicable taxes and withholdings, as severance pay (an amount equivalent to twelve (12) 9 months of your current base salary). This severance pay will be paid as salary continuation in installments in accordance with the Company’s regular payroll practices, but in no event shall payments begin earlier than the Company’s first payroll date following expiration of the Revocation Periodrevocation period following your timely execution and return of the Additional Release.
Appears in 1 contract
Samples: Akouos, Inc.
Xxxxxxxxx Pay. The Company will pay to you $420,784211,150, less all applicable taxes and withholdings, as severance pay (an amount equivalent to twelve one-half (121/2) months of your current annual base salary). This severance pay will be paid in installments in accordance with the Company’s regular normal payroll practices, but in no event shall payments payment begin earlier than the Company’s first payroll date following expiration eighth (8th) day after your execution and timely return of the Revocation Periodthis letter agreement.
Appears in 1 contract
Samples: Curis Inc