Common use of Business Transaction Clause in Contracts

Business Transaction. If Executive’s employment hereunder is terminated (other than on account of Cause as defined in Section 3.3 hereof) in connection with a Business Transaction, then notwithstanding any provision of this Agreement to the contrary, the Company shall pay or provide to Executive benefits as described in Section 4.2.

Appears in 3 contracts

Samples: Employment Agreement (Cleco Power LLC), Employment Agreement, Executive Employment Agreement (Cleco Corp)

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Business Transaction. If Executive’s 's employment hereunder is terminated (other than on account of Cause as defined in Section 3.3 hereof) in connection with a Business Transaction, then notwithstanding any provision of this Agreement to the contrary, the Company shall pay or provide to Executive benefits as described in Section 4.2.

Appears in 1 contract

Samples: Employment Agreement (Cleco Power LLC)

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Business Transaction. If Executive’s 's employment hereunder with the Company and/or its Affiliates is involuntarily terminated (other than on account of Cause cause as defined in Section 3.3 hereofof the Agreement) in connection with a Business Transaction, then notwithstanding any other provision of this Letter Agreement to the contrary, the Company shall pay or provide to Executive benefits as the compensation described in Section 4.24.2 of that Agreement.

Appears in 1 contract

Samples: Letter Agreement (Cleco Power LLC)

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