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

Benefits upon Termination in Connection with a Change in Control. If a Change in Control occurs during the term of this Agreement and Executive’s employment is terminated within six (6) months prior to or eighteen (18) months following the date of the Change in Control, and if such termination is an involuntary termination by the Company without Cause (and does not arise as a result of Executive’s death or Disability) or a termination by Executive for Good Reason, Executive shall be entitled to the following compensation:

Appears in 2 contracts

Samples: Change in Control Severance Agreement (United Community Banks Inc), Control Severance Agreement (United Community Banks Inc)

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Benefits upon Termination in Connection with a Change in Control. If a Change in Control occurs during the term of this Agreement and Executive’s employment is terminated within six (6) months prior to or eighteen (18) months following the date of the Change in Control, and if such termination is an involuntary termination by the Company without Cause (and does not arise as a result of Executive’s death or Disability) or a termination by Executive for Good Reason (and does not arise as a result of Executive’s voluntary termination without Good Reason), Executive shall be entitled to the following compensation:

Appears in 1 contract

Samples: Change in Control Severance Agreement (United Community Banks Inc)

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Benefits upon Termination in Connection with a Change in Control. If a Change in Control occurs during the term of this Agreement and Executive’s 's employment is terminated within six (6) months prior to or eighteen (18) months following the date of the Change in Control, and if such termination is an involuntary termination by the Company without Cause (and does not arise as a result of Executive’s 's death or Disability) or a termination by Executive for Good Reason (and does not arise as a result of Executive's voluntary termination without Good Reason), Executive shall be entitled to the following compensation:

Appears in 1 contract

Samples: Control Severance Agreement (United Community Banks Inc)

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