Common use of Change in Control Date Clause in Contracts

Change in Control Date. The “Change in Control Date” is the date on which an event constituting a Change in Control occurs. If a Change in Control occurs on account of a series of transactions, the Control Change Date is the date of the last of such transactions.

Appears in 4 contracts

Sources: Employment Agreement (Fauquier Bankshares Inc), Employment Agreement (Fauquier Bankshares, Inc.), Employment Agreement (Fauquier Bankshares Inc)

Change in Control Date. The Change in Control Date” is Date means the first date during the term of the Agreement on which an event constituting a Change in Control occurs. If a Change in Control occurs on account of a series of transactions, the Control Change Date is the date of the last of such transactions.

Appears in 2 contracts

Sources: Management Continuity Agreement (Citizens Bancorp of Virginia Inc), Management Continuity Agreement (Citizens Bancorp of Virginia Inc)