Eligibility for Severance Benefits Contract Clauses (69)

Grouped Into 4 Collections of Similar Clauses From Business Contracts

This page contains Eligibility for Severance Benefits clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Eligibility for Severance Benefits. The following employees will not be eligible for severance benefits, except to the extent specifically determined otherwise by the Plan Administrator: (a) an employee who is terminated for Cause; (b) an employee who retires, terminates employment as a result of an inability to performs his duties due to physical or mental disability or dies; (c) an employee who voluntarily terminates his employment, except, in the case of a Covered Termination for Good Reason; (d) an employee who is employed for... a specific period of time in accordance with the terms of a written employment agreement; and (e) an employee who promptly becomes employed by another member of the controlled group of entities of which the Company (or its successor in the Change in Control) is a member as defined in Sections 414(b) and (c) of Code. View More Arrow
Found in Editas Medicine, Inc. contract
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Eligibility for Severance Benefits. The following employees will not be eligible for severance benefits, separation benefits under the Plan, except to the extent specifically determined otherwise by the Plan Administrator: (a) an employee who is terminated for Cause; (b) an employee who retires, terminates employment as a result of an inability to performs his duties due to physical or mental disability or dies; (c) an employee who voluntarily terminates his employment, except, in the case of a Covered Termination other than for G...ood Reason; Reason upon a Change in Control or during the twelve (12) month period following a Change in Control; (d) an employee who is employed for a specific period of time in accordance with the terms of a written employment agreement; (e) an employee who has been employed for less than three (3) months if no Change in Control has occurred prior to the termination of the employee's employment; and (e) (f) an employee who promptly becomes employed by another member of the controlled group of entities of which the Company (or its successor in the Change in Control) is a member as defined in Sections 414(b) and (c) of Code. View More Arrow
Found in Apellis Pharmaceuticals, Inc. contract
Eligibility for Severance Benefits. The following employees will not be eligible for severance benefits, except to the extent specifically determined in good faith otherwise by the Plan Administrator: (a) an employee who is terminated for Cause; Cause or by reason of death or Disability; (b) an employee who retires, terminates employment as a result of an inability to performs his duties due to physical voluntarily retires or mental disability or dies; (c) an employee who otherwise voluntarily terminates his or her employment, exc...ept, in the case of a Covered Termination Change in Control Termination, for Good Reason; (d) and (c) an employee who is employed for a specific period of time in accordance with the terms of a written offer letter or employment agreement; and (e) an employee who promptly becomes employed by another member of the controlled group of entities of which the Company (or its successor in the Change in Control) is a member as defined in Sections 414(b) and (c) of Code. agreement. View More Arrow
Found in Schrodinger, Inc. contract
Eligibility for Severance Benefits. The following employees will not be eligible for severance benefits, except to the extent specifically determined in good faith otherwise by the Plan Administrator: (a) an employee who is terminated for Cause; Cause or by reason of death or Disability; (b) an employee who retires, terminates employment as a result of an inability to performs his duties due to physical voluntarily retires or mental disability or dies; (c) an employee who otherwise voluntarily terminates his employment, except, or... her employment other than a Resignation for Good Reason at any time the case of a Senior Executive or, on or within twelve months following a Change in Control in the case of a Covered Termination for Good Reason; (d) Employee other than a Senior Executive; and (c) an employee who is employed for a specific period of time in accordance with the terms of a written offer letter or employment agreement; and (e) an employee who promptly becomes employed by another member of the controlled group of entities of which the Company (or its successor in the Change in Control) is a member as defined in Sections 414(b) and (c) of Code. agreement. View More Arrow
Found in Dyne Therapeutics, Inc. contract
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Eligibility for Severance Benefits. An individual is eligible for Severance Benefits under the Plan, as described in Section 5, only if he or she is an Eligible Employee on the date he or she experiences an Involuntary Termination.
Found in Juno Therapeutics, Inc. contract
Eligibility for Severance Benefits. An individual A Participant is eligible for Severance Benefits under the Plan, Benefits, as described in Section 4 or Section 5, as applicable, only if he or she is an Eligible Employee on the date he or she experiences an Involuntary Termination. Termination and otherwise satisfies the requirements of the Plan.
Found in Denali Therapeutics Inc. contract
Eligibility for Severance Benefits. An individual is eligible for Severance Benefits under the Plan, as described in Section 5, only if he or she is an Eligible Employee on the date he or she experiences an Involuntary Termination.
Found in MARVELL TECHNOLOGY GROUP LTD contract
Eligibility for Severance Benefits. An individual is eligible for Severance Benefits under the Plan, as described in Section 5, 4, only if he or she is an Eligible Employee on the date he or she experiences an Involuntary Termination. Termination and otherwise satisfies the requirements of the Plan.
Found in LIFELOCK, INC. contract
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Eligibility for Severance Benefits. A Participant is eligible for Severance Benefits, as described in Section 4, only if he or she experiences an Involuntary Termination. A Director is not eligible for Severance Benefits.
Found in Lyft, Inc. contract
Eligibility for Severance Benefits. A Participant An individual is eligible for Severance Benefits, as described in Section 4, only if he or she experiences an Involuntary Termination. A Non-Employee Director is not eligible for Severance Benefits.
Found in RACKSPACE HOSTING, INC. contract
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Eligibility for Severance Benefits. An individual is eligible for severance benefits under the Plan, in the amounts set forth in Sections 4 and 5, only if such individual is a Covered Employee on the date such individual experiences a Covered Termination.
Found in Asana, Inc. contract
Eligibility for Severance Benefits. An individual is eligible for severance benefits under the Plan, in the amounts set forth in Sections 4 and 5, Section 4, only if such individual is a Covered Employee on the date such individual experiences a Covered Termination.
Found in Taysha Gene Therapies, Inc. contract
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