Scope of and Consideration for This Agreement. 1.1 The Company desires to employ Executive, or to continue Executive’s employment, in the position of Vice President, Finance, and Executive wishes to be employed, or continue to be employed, by the Company in such position. 1.2 The Company and Executive wish to set forth the compensation and benefits that Executive shall be entitled to receive upon a Change in Control Termination or a Covered Termination. 1.3 The duties and obligations of the Company to Executive under this Agreement shall be in consideration for Executive’s employment with the Company (and if Executive is a continuing employee, his or her past services to the Company), and, with respect to the benefits described in Article 2 and Article 3, Executive’s compliance with the limitations and conditions on benefits as described in Article 4, including the execution of an effective Release, return of Company property and continued compliance with the Restrictive Covenants. 1.4 This Agreement shall supersede any other policy, plan, program or arrangement, including, without limitation, any contract between Executive and any entity, relating to severance benefits payable by the Company to Executive in connection with a Change in Control Termination or Covered Termination.
Appears in 1 contract
Sources: Executive Severance Benefits Agreement (Five Prime Therapeutics Inc)
Scope of and Consideration for This Agreement. 1.1 The Company desires to employ Executive, or to continue Executive’s employment, in the position of Vice President, FinancePresident of Business Development, and Executive wishes to be employed, or continue to be employed, by the Company in such position.
1.2 The Company and Executive wish to set forth the compensation and benefits that Executive shall be entitled to receive upon a Change in Control Termination or a Covered Termination.
1.3 The duties and obligations of the Company to Executive under this Agreement shall be in consideration for Executive’s employment with the Company (and if Executive is a continuing employee, his or her past services to the Company), and, with respect to the benefits described in Article 2 and Article 3, Executive’s compliance with the limitations and conditions on benefits as described in Article 4, including the execution of an effective Release, return of Company property and continued compliance with the Restrictive Covenants.
1.4 This Agreement shall supersede any other policy, plan, program or arrangement, including, without limitation, any contract between Executive and any entity, relating to severance benefits payable by the Company to Executive in connection with a Change in Control Termination or Covered Termination.
Appears in 1 contract
Sources: Executive Severance Benefits Agreement (Five Prime Therapeutics Inc)
Scope of and Consideration for This Agreement. 1.1 The Company desires to employ Executive, or to continue Executive’s employment, in the position of Senior Vice President, FinanceChief Medical Officer, and Executive wishes to be employed, or continue to be employed, by the Company in such position.
1.2 The Company and Executive wish to set forth the compensation and benefits that Executive shall be entitled to receive upon a Change in Control Termination or a Covered Termination.
1.3 The duties and obligations of the Company to Executive under this Agreement shall be in consideration for Executive’s employment with the Company (and if Executive is a continuing employee, his or her past services to the Company), and, with respect to the benefits described in Article 2 and Article 3, Executive’s compliance with the limitations and conditions on benefits as described in Article 4, including the execution of an effective Release, return of Company property and continued compliance with the Restrictive Covenants.
1.4 This Agreement shall supersede any other policy, plan, program or arrangement, including, without limitation, any contract between Executive and any entity, relating to severance benefits payable by the Company to Executive in connection with a Change in Control Termination or Covered Termination.
Appears in 1 contract
Sources: Executive Severance Benefits Agreement (Five Prime Therapeutics Inc)
Scope of and Consideration for This Agreement. 1.1 The Company desires to employ Executive, or to continue Executive’s employment, in the position of Vice President, FinanceImmunology and Discovery Research, and Executive wishes to be employed, or continue to be employed, by the Company in such position.
1.2 The Company and Executive wish to set forth the compensation and benefits that Executive shall be entitled to receive upon a Change in Control Termination or a Covered Termination.
1.3 The duties and obligations of the Company to Executive under this Agreement shall be in consideration for Executive’s employment with the Company (and if Executive is a continuing employee, his or her past services to the Company), and, with respect to the benefits described in Article 2 and Article 3, Executive’s compliance with the limitations and conditions on benefits as described in Article 4, including the execution of an effective Release, return of Company property and continued compliance with the Restrictive Covenants.
1.4 This Agreement shall supersede any other policy, plan, program or arrangement, including, without limitation, any contract between Executive and any entity, relating to severance benefits payable by the Company to Executive in connection with a Change in Control Termination or Covered Termination.
Appears in 1 contract
Sources: Executive Severance Benefits Agreement (Five Prime Therapeutics Inc)