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 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. View More
Found in Ra Medical Systems, Inc. contract
Severance. You will be eligible for the Company's Executive Change in Control and Severance Plan (the "Severance Plan") based on your position within beginning of the Company. IPO Effective Date. 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 current...ly 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. -2- 7. Employee Confidentiality and Invention Assignment. As an employee of the Company, you will continue to have access to certain confidential information of the Company and you may, during the course of your employment, develop certain information or inventions that will be the property of the Company. To protect the interests of the Company, your acceptance of this Agreement confirms that the terms of the Company's At-Will Employment, Confidential Information, Invention Assignment, and Arbitration Agreement you previously signed with the Company (the "Confidentiality Agreement") still apply. View More
Found in RECURSION PHARMACEUTICALS, INC. contract
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 or change in control payments and benefits you would otherwise currently be eligib...le 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. -2- 9. At-Will Employment. This Agreement does not imply any right to your continued employment for any period with the Company or any parent, subsidiary, or affiliate of the Company. Your employment with the Company is and will continue to be at-will, as defined under applicable law. This Agreement and any provisions under it will not interfere with or limit in any way your or the Company's right to terminate your employment relationship with the Company at any time, with or without cause, to the extent permitted by applicable laws. View More
Found in Ventyx Biosciences, Inc. contract
Severance. You will be eligible for the Company's Executive Change in Control and Severance Plan (the "Severance Plan") based on your position within beginning of the Company. IPO Effective Date. 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 current...ly 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. The "IPO Effective Date" means the effective date of the Company's registration statement relating to the Company's initial public offering. View More
Found in 2 Contracts from RECURSION PHARMACEUTICALS, 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 would be eligible to receive in connection with certain terminations of your employment with the Company. These protections will supersede all other severance paymen...ts and benefits you would otherwise currently be eligible for to, for, 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 6 Contracts from SVMK 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 with the Company. Your Participation The Severance Agreement under the Severance Plan will specify the severance payments and benefits you could would be eligible to receive in connection with certain terminations of your employment with the Company. These protections will supersede all other severance p...ayments 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 5 Contracts from 2 Companies
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 would be eligible to receive in connection with certain terminations of your employment with the Company. These protections will supersede all other severance paymen...ts 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 3 Contracts from DROPBOX, INC.
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. Plan"). Your Participation Agreement under the Severance Plan will specify the severance payments and benefits you could would 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 become eligible for in the future, under any plan, program or policy that the Company may have in effect from time to time. The Severance Plan and your Participation Agreement are attached hereto as Exhibit A. View More
Found in 4 Contracts from DoorDash Inc
Severance. You will be eligible for the Company's Executive Change in Control and Severance Plan (the "Severance Plan") based on your position within beginning of the Company. IPO Effective Date. 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 current...ly 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 RECURSION PHARMACEUTICALS, INC.