Common use of Benefits upon a Change in Control Termination Clause in Contracts

Benefits upon a Change in Control Termination. The Executive will become entitled to the benefits described in this Section 2 on account of a Termination of Employment if and only if (i) the Company terminates the Executive’s employment for any reason other than for Cause, or the Executive terminates the Executive’s employment with the Company for Good Reason, and (ii) the Termination of Employment occurs either within the period beginning on the date of a Change in Control and ending on the last day of the first full calendar month following the first anniversary date of the Change in Control or prior to a Change in Control if the Executive’s Termination of Employment was either a condition of the Change in Control or was at the request or insistence of a Person related to the Change in Control.

Appears in 4 contracts

Samples: Change in Control Severance Agreement (American Medical Systems Holdings Inc), Change in Control Severance Agreement (American Medical Systems Holdings Inc), Change in Control Severance Agreement (American Medical Systems Holdings Inc)

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Benefits upon a Change in Control Termination. The Executive will become entitled to the benefits described in this Section 2 on account of a Termination of Employment if and only if (i) the Company terminates the Executive’s employment for any reason other than for Cause, or the Executive terminates the Executive’s employment with the Company for Good Reason, and (ii) the Termination of Employment occurs either within the period beginning on the date of a Change in Control and ending on the last day of the first full calendar month following the first second anniversary date of the Change in Control or prior to a Change in Control if the Executive’s Termination of Employment was either a condition of the Change in Control or was at the request or insistence of a Person related to the Change in Control.

Appears in 2 contracts

Samples: Change in Control Severance Agreement (Synovis Life Technologies Inc), Change in Control Severance Agreement (Synovis Life Technologies Inc)

Benefits upon a Change in Control Termination. The Executive will become entitled to the benefits described in this Section 2 on account of a Termination of Employment if and only if (i) the Company terminates the Executive’s employment for any reason other than for the Executive’s death or Cause, or the Executive terminates the Executive’s employment with the Company for Good Reason, and (ii) the Termination of Employment termination occurs either within the period beginning on the date of a Change in Control and ending on the last day of the first full calendar 24th month following that begins after the first anniversary date of month during which the Change in Control occurs or prior to a Change in Control if the Executive’s Termination of Employment termination was either a condition of the Change in Control or was at the request or insistence of a Person related to the Change in Control.

Appears in 1 contract

Samples: Change in Control Severance Agreement (Marten Transport LTD)

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Benefits upon a Change in Control Termination. The Executive will become entitled to the benefits described in this Section 2 on account of a Termination of Employment if and only if (i) the Company terminates the Executive’s employment for any reason other than for the Executive’s death or Cause, or the Executive terminates the Executive’s employment with the Company for Good Reason, and (ii) the Termination of Employment occurs either within the period beginning on the date of a Change in Control and ending on the last day of the first full calendar 24th month following that begins after the first anniversary date of month during which the Change in Control occurs or prior to a Change in Control if the Executive’s Termination of Employment termination was either a condition of the Change in Control or was at the request or insistence of a Person related to the Change in Control.

Appears in 1 contract

Samples: Change in Control Severance Agreement (Marten Transport LTD)

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