Cessation of Compensation. In lieu of any severance under any severance plan that the Company may then have in effect, and subject to: (i) the receipt of a full and unconditional release from Employee in form and substance acceptable to the Company within sixty (60) days following the date of termination of employment of the Employee and the expiration of any revocation period applicable thereto; and (ii) any amounts owed by the Employee to the Company under any contract, agreement or loan document entered into after the date hereof (including, but not limited to, loans made by the Company to the Employee), the Company shall pay and provide to the Employee, and the Employee shall be entitled to receive, the following:
Appears in 4 contracts
Sources: Employment, Non Competition and Proprietary Rights Agreement (Vitacost.com, Inc.), Employment, Non Competition and Proprietary Rights Agreement (Vitacost.com, Inc.), Employment, Non Competition and Proprietary Rights Agreement (Vitacost.com, Inc.)