Common use of Change in Control Severance Clause in Contracts

Change in Control Severance. If the Executive’s employment is terminated by the Company during the Employment Period without Cause, or by the Executive for Good Reason, and such termination occurs within two (2) years after the occurrence of a Change in Control (defined below), then the Severance Benefits described in Section 6(e) shall not apply and will not be paid or provided and instead, the Company shall pay or provide, in addition to the Accrued Benefits described in Section 6(d) above, the following Severance Benefits:

Appears in 6 contracts

Samples: Employment Agreement (Laird Superfood, Inc.), Employment Agreement (Laird Superfood, Inc.), Employment Agreement (Taronis Fuels, Inc.)

AutoNDA by SimpleDocs

Change in Control Severance. If the Executive’s employment is terminated by the Company during the Employment Period without Cause, or by the Executive for Good Reason, and such termination occurs within two (2) years after the occurrence of a Change in Control (defined below), then the Severance Benefits described in Section 6(e) shall not apply and will not be paid or provided and instead, the Company (or its successor-in-interest, as the case may be) shall pay or provide, in addition to the Accrued Benefits described in Section 6(d) above, the following Severance Benefits:

Appears in 1 contract

Samples: Employment Agreement (Laird Superfood, Inc.)

Change in Control Severance. If the Executive’s employment is terminated by the Company during the Employment Period without Cause, or by the Executive for Good Reason, and such termination occurs within two (2) years one year after the occurrence of a Change in Control (defined below), then the Severance Benefits described in Section 6(e) shall not apply and will not be paid or provided and instead, the Company shall pay or provide, in addition to the Accrued Benefits described in Section 6(d) above, the following Severance Benefits:

Appears in 1 contract

Samples: Employment Agreement (Taronis Fuels, Inc.)

Change in Control Severance. If the Executive’s employment is terminated by the Company during the Employment Period without Cause, or by the Executive for Good Reason, and such termination occurs within two (2) years after the occurrence of a Change in Control (defined below), then the Severance Benefits described in Section 6(e) shall not apply and will not be paid or provided and instead, the Company shall pay or provide, in addition to the Accrued Benefits described in Section 6(d) above, the following Severance Benefits:.

Appears in 1 contract

Samples: Form of Employment Agreement (Laird Superfood, Inc.)

AutoNDA by SimpleDocs

Change in Control Severance. If the Executive’s employment is terminated by the Company during the Employment Period employment period without Cause, or by the Executive for Good Reason, and such termination occurs within two (2) years after the occurrence of a Change in Control (defined below), then the Severance Benefits described in Section 6(e1(e) shall not apply and will not be paid or provided and instead, the Company shall pay or provide, in addition to the Accrued Benefits described in Section 6(d1(d) above, the following Severance Benefits:

Appears in 1 contract

Samples: American Homes 4 Rent, L.P.

Time is Money Join Law Insider Premium to draft better contracts faster.