Severance Payments upon Covered Termination Outside a Change in Control Period. If, during the Term, Executive experiences a Covered Termination outside of a Change in Control Period (each as defined below), then in addition to the payments and benefits described in Section 6(a), the Company shall, subject to Executive’s delivery to the Company of a waiver and release of claims agreement in a form acceptable to the Company (the “Release”) that becomes effective and irrevocable in accordance with Section 10(d), provide Executive with the following:
Severance Payments upon Covered Termination OutsideDuring a Change in Control Period. If, during the Term, Executive experiences a Covered Termination outside ofduring a Change in Control Period (each as defined below), thenPeriod, then, in addition to the payments and benefits described in Section 6(a), the Company shall, subject to Executive’s delivery to the Company of a waiver and release of claims agreement in a form acceptable to the Company (the “Release”)Release that becomes effective and irrevocable in accordance with Section 10(d), provide Executive with the following:
Severance Payments upon CoveredQualifying Termination Outsideoutside of a Change in Control Period. If, duringIn the Term, Executive experiences a Coveredevent of Executive’s Qualifying Termination outside of a Change in Control Period (each(which is addressed in [Section 7(c)] below), provided that Executive resigns from all positions Executive may hold with the Company (including as defined below)a member of the Board) and any of its subsidiaries or affiliated entities at such time (the “Resignation Requirement”) and delivers to the Company an executed general waiver and release, in a form provided by the Company and reasonably acceptable to Executive, of all claims and causes of action against the Company (a “Release”) within the applicable time period set forth therein and does not revoke the Release within the revocation period (if any) set forth therein (provided, however, that in no event may the applicable time period or revocation period extend beyond sixty (60) days following Executive’s termination date) (the “Release Deadline” and delivery of such effective release, the “Release Requirement”), then in additionthen, Executive shall be entitled to the payments and benefits describedlisted in Section 6(a), the Company shall, subject to Executive’s delivery totable below, payable in lump sum in the Companyfirst payroll period following expiration of a waiver and release of claims agreement in a form acceptable to the Company (the “Release”) that becomes effective and irrevocable in accordance with Section 10(d), provide Executive with the following:Release Deadline unless otherwise indicated:
Severance Payments upon Covered Termination Outsidefollowing Change in Control. If the Employment Period is terminated by Executive for any reason within six (6) months following a Change in Control Period. If, duringControl, provided that Executive has satisfied the Term,Release Condition, Executive experiences a Covered Termination outside of a Change in Control Period (eachshall be entitled to receive the Severance Payments as defined below), then in addition to the payments and benefits describedprovided in [Section 6(5(a)], the Company shall, subject to Executive’s delivery to the Company of a waiver and release of claims agreement in a form acceptable to the Company (the “Release”) that becomes effective and irrevocable in accordance with [Section 10(d)], provide Executive with the following: above.
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