Common use of Change in Control Termination Clause in Contracts

Change in Control Termination. 8.4.1 Upon the termination of the Employee’s employment hereunder pursuant to a Termination Without Cause or a Termination for Good Reason within twelve (12) months following a Change in Control (such termination being referred to in this Agreement as a “Change in Control Termination”), neither the Employee nor his beneficiary or estate will have any further rights or claims against the Company or any Affiliates under this Agreement except to receive the following (in the aggregate, the “Enhanced Severance Payments”):

Appears in 3 contracts

Samples: Employment Agreement (Zai Lab LTD), Employment Agreement (Zai Lab LTD), Employment Agreement (Zai Lab LTD)

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Change in Control Termination. 8.4.1 (a) Upon the termination of the Employee’s employment hereunder pursuant to a Termination Without without Cause or a Termination for Good Reason within twelve (12) months following a Change in Control (such termination being referred to in this Agreement as a “Change in Control Termination”), neither the Employee nor his beneficiary or estate will have any further rights or claims against the Company Company, its affiliates or any Affiliates its subsidiaries under this Agreement except to receive the following (in the aggregate, the “Enhanced Severance Payments”):

Appears in 2 contracts

Samples: Employment Agreement (Zai Lab LTD), Employment Agreement (Zai Lab LTD)

Change in Control Termination. 8.4.1 (a) Upon the termination of the EmployeeFounder’s employment hereunder pursuant to a Termination Without without Cause or a Termination for Good Reason within twelve (12) months following a Change in Control (such termination being referred to in this Agreement as a “Change in Control Termination”), neither the Employee Founder nor his her beneficiary or estate will have any further rights or claims against the Company Company, its affiliates or any Affiliates its subsidiaries under this Agreement except to receive the following (in the aggregate, the “Enhanced Severance Payments”):

Appears in 2 contracts

Samples: Founder Employment Agreement (Zai Lab LTD), Founder Employment Agreement (Zai Lab LTD)

Change in Control Termination. 8.4.1 Upon the termination of the Employee’s employment hereunder pursuant to a Termination Without without Cause or a Termination for Good Reason within twelve (12) months following a Change in Control (such termination being referred to in this Agreement as hereinafter a “Change in Control Termination”), neither the Employee nor his her beneficiary or estate will have any further rights or claims against the Company Company, its affiliates or any Affiliates its subsidiaries under this Agreement except to receive the following (in the aggregate, the “Enhanced Severance Payments”):receive:

Appears in 2 contracts

Samples: Executive Employment Agreement (LianBio), Executive Employment Agreement (LianBio)

Change in Control Termination. 8.4.1 Upon the termination of the Employee’s employment hereunder pursuant to a Termination Without Cause or employment, for any reason except for a Termination for Cause, an Involuntary Termination or a Voluntary Termination without Good Reason Reason, within twelve (12) months following a Change in Control (such termination being referred to in this Agreement as a “Change in Control Termination”), neither the Employee nor his beneficiary or estate will have any further rights or claims against the Company or any Affiliates under this Agreement except to receive the following (in the aggregate, the “Enhanced Severance Payments”):

Appears in 1 contract

Samples: Employment Agreement (Zai Lab LTD)

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Change in Control Termination. 8.4.1 Upon the termination of the Employee’s employment hereunder pursuant to a Termination Without without Cause or a Termination for Good Reason within twelve (12) months following a Change in Control (such termination being referred to in this Agreement as a “Change in Control Termination”)Control, neither the Employee nor his her beneficiary or estate will have any further rights or claims against the Company Company, its affiliates or any Affiliates its subsidiaries under this Agreement except to receive the following (in the aggregate, the “Enhanced Severance Payments”):receive:

Appears in 1 contract

Samples: Executive Employment Agreement (LianBio)

Change in Control Termination. 8.4.1 Upon the termination of the Employee’s employment hereunder pursuant to a Termination Without Cause or a Termination for Good Reason within twelve (12) months following a Change in Control (such termination being referred to in this Agreement as a “Change in Control Termination”), neither the Employee nor his her beneficiary or estate will have any further rights or claims against the Company or any Affiliates under this Agreement except to receive the following (in the aggregate, the “Enhanced Severance Payments”):

Appears in 1 contract

Samples: Employment Agreement (Zai Lab LTD)

Change in Control Termination. 8.4.1 Upon the termination of the Employee’s employment hereunder pursuant to a Termination Without without Cause or a Termination for Good Reason within twelve (12) months following a Change in Control (such termination being referred to in this Agreement as a “Change in Control Termination”)Control, neither the Employee nor his beneficiary or estate will have any further rights or claims against the Company Company, its affiliates or any Affiliates its subsidiaries under this Agreement except to receive the following (in the aggregate, the “Enhanced Severance Payments”):receive:

Appears in 1 contract

Samples: Executive Employment Agreement (LianBio)

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