Common use of Transition Duties Clause in Contracts

Transition Duties. After the Resignation Date and continuing to October 31, 2019 (the “Transition Period”), ▇▇▇▇▇▇ shall continue as an at-will employee of the Company to perform the transition duties outlined herein (the “Transition Duties”). In recognition of ▇▇▇▇▇▇’▇ stated desire to pursue outside interests, it is anticipated that the Transition Duties will not require ▇▇▇▇▇▇’▇ full time attention, and the Company understands and accepts that ▇▇▇▇▇▇ may work remotely as necessary during the Transition Period. ▇▇▇▇▇▇ shall work at the direction of the Company’s Chief Financial Officer towards achieving a smooth transition of authority and operations to the Company’s employees designated by the Company’s Chief Financial Officer, providing assistance and input concerning ongoing work-related matters in order to effectively transition matters to other staff, and performing other duties as reasonably directed by the Chief Financial Officer. ▇▇▇▇▇▇ acknowledges and agrees that his employment with the Company will terminate at the conclusion of the Transition Period, and that the Company may shorten the Transition Period in its sole discretion upon notice to ▇▇▇▇▇▇. The Company acknowledges and agrees that if ▇▇▇▇▇▇ is discharged without cause during the Transition Period or the Company exercises its right to shorten the Transition Period for any reason, the consideration set forth in Section 2(a) below shall continue to be paid as severance until October 31, 2020 and the COBRA reimbursement set forth in Section 2(d) shall be extended through April 30, 2020.

Transition Duties. After the Resignation Date and continuing to October 31November 30, 2019 2018 (the “Transition Period”), ▇▇▇▇▇▇ Arezone shall continue as an at-will employee of the Company to perform the transition duties outlined herein (the “Transition Duties”). In recognition of ▇▇▇▇▇▇’▇ Arezone’s stated desire to pursue outside interests, it is anticipated that the Transition Duties will not require ▇▇▇▇▇▇’▇ Arezone’s full time attention, and the Company understands and accepts that ▇▇▇▇▇▇ Arezone may work remotely as necessary during the Transition Period. ▇▇▇▇▇▇ Arezone shall work at the direction of the Company’s Chief Financial Executive Officer towards achieving a smooth transition of authority and operations to the Company’s employees designated by the Company’s Chief Financial Executive Officer, providing assistance and input concerning ongoing work-related matters in order to effectively transition matters to other staff, and performing other duties as reasonably directed by the Chief Financial Executive Officer. ▇▇▇▇▇▇ Arezone acknowledges and agrees that his employment with the Company will terminate at the conclusion of the Transition Period, and that the Company may shorten the Transition Period in its sole discretion upon notice to ▇▇▇▇▇▇Arezone. The Company acknowledges and agrees that if ▇▇▇▇▇▇ Arezone is discharged without cause during the Transition Period or the Company exercises its right to shorten the Transition Period for any reason, the consideration set forth in Section 2(a) below shall continue to be paid as severance until October 31November 30, 2020 2018 and the COBRA reimbursement set forth in Section 2(d) shall be extended through April 30May 31, 20202019.