Severance Clause Example with 29 Variations from Business Contracts

This page contains Severance 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.
Severance. You will be eligible for the Company's Executive Change in Control and Severance Plan (the "Severance Plan") based on your position within the Company. Your Participation Agreement under the Severance Plan will specify the severance payments and benefits you could be eligible to receive in connection with certain terminations of your employment with the Company. These protections will supersede all other severance payments and benefits you would otherwise currently be eligible for to, or would b...ecome eligible for in the future, under any plan, program or policy that the Company may have in effect from time to time. View More
Found in Ventyx Biosciences, Inc. contract

Variations of a "Severance" Clause from Business Contracts

Severance. You will be eligible for participate in the Company's Executive Change in Control and Severance Plan Policy (the "Severance Plan") based on your position within the Company. Your Participation Agreement under the Severance Plan "Policy"). The Policy and a participation agreement thereunder (the "Participation Agreement") will specify the severance payments and benefits you could be eligible will become entitled to receive in connection with certain qualifying terminations of your employment with... the Company. These protections will supersede all other severance payments and benefits to which you would otherwise currently may be eligible for to, entitled, or would may become eligible for entitled in the future, under any plan, program or policy that the Company may have in effect from time to time. For purposes of clarification, any severance plans, programs, agreements or arrangements that may have applied to you before the Effective Date no longer will apply and you no longer will have any rights or entitlements under any such plans, programs, agreements or arrangements. View More
Found in 4 Contracts from Peloton Therapeutics, Inc.
Severance. You will be eligible for the Company's Executive to enter into a Change in Control and Severance Plan Agreement (the "Severance Plan") Agreement") applicable to you based on your position within the Company. Your Participation The Severance Agreement under the Severance Plan will specify the severance payments and benefits you could be eligible may become entitled to receive in connection with certain qualifying terminations of your employment with the Company. These protections will supersede a...ll other severance payments and benefits you would otherwise currently be eligible for to, or would become eligible for in the future, under any plan, program or policy that the Company may have in effect from time to time. View More
Found in 2 Contracts from RenovoRx, Inc.
Severance. You As of the Effective Date, you will be eligible for to enter into, and participate in, the Company's Executive Change in Control and Severance Plan Policy (the "Severance Plan") "CIC/Severance Policy") with the benefits applicable to you based on your position within the Company. Your Participation Agreement The CIC/Severance Policy and the participation agreement under the Severance Plan will CIC/Severance Policy that you signed at the same time as this letter specify the severance payments ...and benefits you could be eligible may become entitled to receive in connection with certain qualifying terminations of your employment with the Company. These protections will supersede all other severance payments and benefits to which you would otherwise currently may be eligible for to, entitled, or would may become eligible for entitled in the future, under any plan, program or policy that the Company may have in effect from time to time. For purposes of clarification, any severance benefits or arrangements that may have applied to you before the Effective Date no longer will apply and you will have no rights or entitlements under any such plans, programs, agreements or arrangements. View More
Found in 3 Contracts from Couchbase, Inc.
Severance. You As of the Effective Date, you will be eligible for to enter into participate in the Company's Executive Change in Control and Severance Plan Policy (the "Severance Plan") "CIC/Severance Policy") with the benefits applicable to you based on your position within the Company. Your Participation Agreement The CIC/Severance Policy and the participation agreement under the Severance Plan will CIC/Severance Policy that you signed at the same time as this letter specify the severance payments and be...nefits you could be eligible may become entitled to receive in connection with certain qualifying terminations of your employment with the Company. These protections will supersede all other severance payments and benefits to which you would otherwise currently may be eligible for to, entitled, or would may become eligible for entitled in the future, under any plan, program or policy that the Company may have in effect from time to time. For purposes of clarification, any severance benefits or arrangements that may have applied to you before the Effective Date no longer will apply and you will have no rights or entitlements under any such plans, programs, agreements or arrangements. View More
Found in Medallia, Inc. contract
Severance. You As of the Effective Date, you will be eligible for to participate in the Company's Executive Change in Control and Severance Plan Policy (the "Severance Plan") "CIC/Severance Policy") with the benefits applicable to you based on your position within the Company. Your Participation Agreement The CIC/Severance Policy and the participation agreement under the Severance Plan will CIC/Severance Policy that you signed at the same time as this letter specify the severance payments and benefits you ...could be eligible may become entitled to receive in connection with certain qualifying terminations of your employment with the Company. These protections will supersede all other severance payments and benefits to which you would otherwise currently may be eligible for to, entitled, or would may become eligible for entitled in the future, under any plan, program or policy that the Company may have in effect from time to time. For purposes of clarification, any severance benefits or arrangements that may have applied to you before the Effective Date no longer will apply and you will have no rights or entitlements under any such plans, programs, agreements or arrangements. View More
Found in 3 Contracts from IGM Biosciences, Inc.
Severance. You will be eligible for the Company's Executive to enter into a Change in Control and Severance Plan Agreement (the "Severance Plan") Agreement") applicable to you based on your position within the Company. Your Participation The Severance Agreement under the Severance Plan will specify the severance payments and benefits you could be eligible may become entitled to receive in connection with certain qualifying terminations of your employment with the Company. These protections will supersede a...ll other severance payments and benefits to which you would otherwise currently may be eligible for to, entitled, or would may become eligible for entitled in the future, under any plan, program or policy that the Company may have in effect from time to time. For purposes of clarification, any severance plans, programs, agreements or arrangements that may have applied to you before the Effective Date no longer will apply and you no longer will have any rights or entitlements under any such plans, programs, agreements or arrangements. View More
Found in 5 Contracts from Ra Medical Systems, Inc.
Severance. You will be eligible for to participate in the Company's Executive Change in Control and Severance Plan Policy (the "Severance Plan") "Policy") based on your position within the Company. Your Participation Agreement under the Severance Plan The Policy and a participation agreement thereunder (the "Participation Agreement") will specify the severance payments and benefits you could be eligible may become entitled to receive in connection with certain qualifying terminations of your employment wit...h the Company. These protections will supersede all other severance payments and benefits to which you would otherwise currently may be eligible for to, entitled, or would may become eligible for entitled in the future, under any plan, program or policy that the Company may have in effect from time to time. For purposes of clarification, any severance plans, programs, agreements or arrangements that may have applied to you before the Effective Date no longer will apply and you no longer will have any rights or entitlements under any such plans, programs, agreements or arrangements. View More
Found in Allakos Inc. contract
Severance. You will be eligible for the Company's Executive to enter into a Change in Control and Severance Plan Agreement (the "Severance Plan") Agreement") applicable to you based on your position within the Company. Your Participation The Severance Agreement under the Severance Plan will specify the severance payments and benefits you could be eligible may become entitled to receive in connection with certain qualifying terminations of your employment with the Company. These protections will supersede a...ll other severance payments and benefits to which you would otherwise currently may be eligible for to, entitled, or would may become eligible for entitled in the future, under any plan, program or policy that the Company may have in effect from time to time. For purposes of clarification, any severance benefits or arrangements that may have applied to you before the Effective Date no longer will apply and you will have no rights or entitlements under any such plans, programs, agreements or arrangements. View More
Found in 8 Contracts from 3 Companies
Severance. You will be eligible for the Company's Executive to enter into a Change in Control and Severance Plan (the "Severance Plan") Agreement with the Company that is applicable to you based on your senior position within the Company. Company (such agreement, your "Severance Agreement"). Your Participation Severance Agreement under the Severance Plan will specify the severance payments and benefits you could would be eligible entitled to receive in connection with certain terminations of your employmen...t with the Company. and certain corporate transactions. These protections will supersede all other severance payments and or other benefits you would otherwise currently be eligible for to, or would become eligible for in the future, entitled to under any plan, program or policy that the Company may have in effect from time to time. View More
Found in Anaplan, Inc. contract
Severance. You will be eligible for the Company's Executive to enter into a Change in of Control and Severance Plan Agreement (the "Severance Plan") Agreement") applicable to you based on your senior position within the Company. Your Participation The Severance Agreement under the Severance Plan will specify the severance payments and benefits you could would be eligible entitled to receive in connection with a change of control transaction and certain terminations of your employment with the Company. empl...oyment. These protections will supersede all other severance payments and or other benefits you would otherwise currently be eligible for to, or would become eligible for in the future, entitled to under any plan, program or policy that the Company may have in effect from time to time. View More
Found in Square, Inc. contract