Conditions to Receipt of Severance Benefits Clause Example with 4 Variations from Business Contracts

This page contains Conditions to Receipt of Severance Benefits clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Conditions to Receipt of Severance Benefits. To be eligible for the Severance Benefits pursuant to Section 7.2 above, Executive must satisfy the following release requirement (the "Release Requirement"): return to the Company a signed and dated general release of all known and unknown claims in a termination agreement acceptable to the Company (the "Release") within the applicable deadline set forth therein, but in no event later than forty-five (45) calendar days following Executive's termination date, and permit the Release to become eff...ective and irrevocable in accordance with its terms (such effective date of the Release, the "Release Effective Date"). No Severance Benefits will be provided hereunder prior to the Release Effective Date. Accordingly, if Executive refuses to sign and deliver to the Company an executed Release or signs and delivers to the Company the Release but exercises Executive's right, if any, under applicable law to revoke the Release (or any portion thereof), then Executive will not be entitled to any severance, payment or benefit under this Agreement. View More Arrow
Found in Silverback Therapeutics, Inc. contract

Variations of a "Conditions to Receipt of Severance Benefits" Clause from Business Contracts

Conditions to Receipt of Severance Benefits. To be eligible for the Severance Benefits pursuant to Section 7.2 5.2 above, Executive Employee must satisfy the following release requirement (the "Release Requirement"): return to the Company a signed and dated general release of all known and unknown claims in a termination agreement acceptable to the Company (the "Release") within the applicable deadline set forth therein, but in no event later than forty-five (45) calendar days following Executive's Employee's employment termination date, a...nd permit the Release to become effective and irrevocable in accordance with its terms (such effective date of the Release, the "Release Effective Date"). No Severance Benefits will be provided paid hereunder prior to the Release Effective Date. Accordingly, if Executive Employee breaches the preceding sentence and/or refuses to sign and deliver to the Company an executed Release or signs and delivers to the Company the Release but exercises Executive's Employee's right, if any, under applicable law to revoke the Release (or any portion thereof), then Executive Employee will not be entitled to any severance, payment or benefit under this Agreement. Employee shall also resign from all positions and terminate any relationships as an employee, advisor, officer or director with the Company and any of its affiliates, each effective on the employment termination date. View More Arrow
Found in AETHLON MEDICAL INC contract
Conditions to Receipt of Severance Benefits. To be eligible for any of the Severance Benefits pursuant to Section 7.2 above, Executive 1 of this Agreement, you must satisfy the following release requirement (the "Release Requirement"): return to the Company a signed and dated general release of all known and unknown claims in a termination agreement acceptable to the Company (the "Release") within the applicable deadline set forth therein, but in no event later than forty-five (45) calendar days following Executive's your termination date,... and permit the Release to become effective and irrevocable in accordance with its terms (such effective date of the Release, the "Release Effective Date"). No Severance Benefits will be provided paid hereunder prior to the Release Effective Date. Accordingly, if Executive refuses you refuse to sign and deliver to the Company an executed Release or signs you sign and delivers deliver to the Company the Release but exercises Executive's exercise your right, if any, under applicable law to revoke the Release (or any portion thereof), then Executive you will not be entitled to any severance, payment or benefit under this Agreement. View More Arrow
Found in BioAtla, Inc. contract
Conditions to Receipt of Severance Benefits. To be eligible for the Severance Benefits pursuant to Section 7.2 8.2 above, Executive Employee must satisfy the following release requirement (the "Release Requirement"): return to the Company a signed and dated general release of all known and unknown claims in a termination agreement acceptable to the Company (the "Release") within the applicable deadline set forth therein, but in no event later than forty-five (45) calendar days following Executive's Employee's termination date, and permit t...he Release to become effective and irrevocable in accordance with its terms (such effective date of the Release, the "Release Effective Date"). No Severance Benefits will be provided paid hereunder prior to the Release Effective Date. Accordingly, if Executive Employee breaches the preceding sentence and/or refuses to sign and deliver to the Company an executed Release or signs and delivers to the Company the Release but exercises Executive's Employee's right, if any, under applicable law to revoke the Release (or any portion thereof), then Executive Employee will not be entitled to any severance, payment or benefit under this Agreement. View More Arrow
Found in AETHLON MEDICAL INC contract
Conditions to Receipt of Severance Benefits. To be eligible for any of the Severance Benefits or CIC Severance Benefits pursuant to Section 7.2 Sections 9.2 or 9.3 above, Executive must satisfy the following release requirement (the "Release Requirement"): return to the Company a signed and dated general release of all known and unknown claims in a termination agreement acceptable to the Company and the Executive (the "Release") within the applicable deadline set forth therein, but in no event later than forty-five (45) calendar days follo...wing Executive's termination date, and permit the Release to become effective and irrevocable in accordance with its terms (such effective date of the Release, the "Release Effective Date"). No Severance Benefits will be provided hereunder prior to the Release Effective Date. Accordingly, if Executive breaches the preceding sentence and/or refuses to sign and deliver to the Company an executed Release or signs and delivers to the Company the Release but exercises Executive's right, if any, under applicable law to revoke the Release (or any portion thereof), then Executive will not be entitled to any severance, payment or benefit under this Agreement. View More Arrow
Found in 1Life Healthcare Inc contract