Common use of After a Change in Control Clause in Contracts

After a Change in Control. If the Participant’s Employment with the Company and its Affiliates terminates after a Change in Control due to a termination by the Company other than for Cause or due to the Participant’s resignation for Good Reason, the Participant may exercise the Vested Portion of the Option for a period ending on the earlier of (A) one year following the date of such termination and (B) the Expiration Date; provided that if Participant satisfies the age and service requirements described in the definition of “Retirement,” then the provisions of Section 4(a)(ii) shall control; and

Appears in 6 contracts

Samples: Non Qualified Stock Option Agreement (Time Warner Inc.), Non Qualified Stock Option Agreement (AOL Inc.), Non Qualified Stock Option Agreement (Time Warner Inc.)

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After a Change in Control. If the Participant’s Employment with the Company and its Affiliates or any Affiliate terminates after a Change in Control due to a termination by the Company other than for Cause or due to the Participant’s resignation for Good Reason, the Participant may exercise the Vested Portion of the Option for a period ending on the earlier of (A) one year following the date of such termination and (B) the Expiration Date; provided that if Participant satisfies the age and service requirements described in the definition of “Retirement,” then the provisions of Section 4(a)(ii) shall control; and.

Appears in 3 contracts

Samples: Qualified Stock Option Agreement (Topper David R), Qualified Stock Option Agreement (Prospect Medical Holdings Inc), Qualified Stock Option Agreement (Prospect Medical Holdings Inc)

After a Change in Control. If the Participant’s Employment with the Company and its Affiliates or any Subsidiary terminates after a Change in Control due to a termination by the Company other than for Cause or due to the Participant’s resignation for Good Reason, the Participant may exercise the Vested Portion of the Option for a period ending on the earlier of (A) one year ninety (90) days following the date of such termination and (B) the Expiration Date; provided that if Participant satisfies the age and service requirements described in the definition of “Retirement,” then the provisions of Section 4(a)(ii) shall control; and.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Topper David R), Incentive Stock Option Agreement (Prospect Medical Holdings Inc), Incentive Stock Option Agreement (Annas Linens, Inc.)

After a Change in Control. If the Participant’s Employment with the Company and its Affiliates terminates after a Change in Control due to a termination by the Company other than for Cause or due to the Participant’s resignation for Good Reason (if in an employment agreement between the Company or any of its Affiliates and the Participant includes a right of the Participant to resign for Good Reason), the Participant may exercise the Vested Portion of the Option for a period ending on the earlier of (A) one year following the date of such termination and (B) the Expiration Date; provided that if Participant satisfies the age and service requirements described in the definition of “Retirement,” then the provisions of Section 4(a)(ii) shall control; and

Appears in 2 contracts

Samples: Performance Stock Option Agreement (AOL Inc.), Non Qualified Stock Option Agreement (AOL Inc.)

After a Change in Control. If the Participant’s Employment with the Company and or its Affiliates Affiliate terminates after a Change in Control due to a termination by the Company or its Affiliate other than for Cause or due to the Participant’s resignation for Good Reason, the Participant may exercise the Vested Portion of the Option for a period ending on the earlier of (A) one year following the date of such termination and (B) the Expiration Date; provided that if Participant satisfies the age and service requirements described in the definition of “Retirement,” then the provisions of Section 4(a)(ii) shall control; and

Appears in 2 contracts

Samples: Qualified Stock Option Agreement (Time Warner Cable Inc.), Employment Agreement (Time Warner Cable Inc.)

After a Change in Control. If the Participant’s 's Employment with the Company and its Affiliates terminates after a Change in Control due to a termination by the Company other than for Cause or due to the Participant’s 's resignation for Good Reason, the Participant may exercise the Vested Portion of the Option for a period ending on the earlier of (A) one year following the date of such termination and (B) the Expiration Date; provided that if Participant satisfies the age and service requirements described in the definition of “Retirement,” then the provisions of Section 4(a)(ii) shall control; and

Appears in 1 contract

Samples: Stock Option Agreement (Time Warner Inc)

After a Change in Control. If the Participant’s Employment with the Company and its Affiliates or any Subsidiary terminates after a Change in Control due to a termination by the Company other than for Cause or due to the Participant’s resignation for Good Reason, the Participant may exercise the Vested Portion of the Option for a period ending on the earlier of (A) one year following the date of such termination and (B) the Expiration Date; provided that if Participant satisfies the age and service requirements described in the definition of “Retirement,” then the provisions of Section 4(a)(ii) shall control; and.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Annas Linens, Inc.)

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After a Change in Control. If the Participant’s Employment employment with the Company and or its Affiliates terminates is terminated by the Company or its Affiliates without Cause (whether or not due to Participant’s Performance) or by the Participant for Good Reason, or by the Company or its Affiliates for Cause pursuant to Sections 1(a)(ii) or 1(a)(vi), within 12 months after a Change in Control due to a termination by the Company other than for Cause or due to the Participant’s resignation for Good ReasonControl, the Participant may exercise the Vested Portion of the Option for a period ending on the earlier of (A) one year 12 months following the date of such termination and (B) the Expiration Date; , provided that that, if such employment termination occurs at a time when the Participant satisfies the age and service requirements described in the definition of “is eligible for Retirement,” , then the provisions of Section 4(a)(ii) shall control; and

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Time Warner Cable Inc.)

After a Change in Control. If the Participant’s Employment with the Company and its Affiliates terminates within two years after a Change in Control (i) due to a termination by the Company other than for Cause or (ii) due to the Participant’s resignation for Good Reason, the Participant may exercise the Vested Portion of the Option for a period ending on the earlier of (A) one year following the date of such termination and (B) the Expiration Date; provided that if Participant satisfies the age and service requirements described in the definition of “Retirement,” then the provisions of Section 4(a)(ii) shall control; and

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Time Warner Inc.)

After a Change in Control. If the Participant’s Employment with the Company and its Affiliates or any Affiliate terminates after a Change in Control due to a termination by the Company other than for Cause or due to the Participant’s resignation for Good Reason, the Participant may exercise the Vested Portion of the Option for a period ending on the earlier of (A) one year ninety (90) days following the date of such termination and (B) the Expiration Date; provided that if Participant satisfies the age and service requirements described in the definition of “Retirement,” then the provisions of Section 4(a)(ii) shall control; and.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Prospect Medical Holdings Inc)

After a Change in Control. If the Participant’s Employment with the Company and or its Affiliate is terminated by the Company or its Affiliates terminates without Cause (whether or not due to Participant’s Performance) or by the Participant for Good Reason, or by the Company or its Affiliates for Cause pursuant to Sections 1(a)(ii) or 1(a)(vi), within 12 months after a Change in Control due to a termination by the Company other than for Cause or due to the Participant’s resignation for Good ReasonControl, the Participant may exercise the Vested Portion of the Option for a period ending on the earlier of (A) one year 12 months following the date of such termination and (B) the Expiration Date; , provided that that, if such Employment termination occurs at a time when the Participant satisfies the age and service requirements described in the definition of “is eligible for Retirement,” , then the provisions of Section 4(a)(ii) shall control; and

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Time Warner Cable Inc.)

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