Common use of Change of Control Benefits Clause in Contracts

Change of Control Benefits. If, within twelve (12) months following the consummation of the Change in Control, you are either terminated by the Company (which term shall hereinafter also refer to and include any successor entity) without Cause (as hereinafter defined) or you voluntarily terminate your employment with the Company for “Good Reason” (as hereinafter defined), and provided you execute a general release in a form provided by the Company at the time of termination, you will be entitled to receive the following benefits:

Appears in 15 contracts

Samples: Letter Agreement (Bakbone Software Inc), Letter Agreement (Bakbone Software Inc), Letter Agreement (Bakbone Software Inc)

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Change of Control Benefits. If, within twelve (12) months following the consummation of the Change in Control, you are either terminated by the Company (which term shall hereinafter also refer to and include any successor entity) without Cause (as hereinafter defineddefined below) or you voluntarily terminate your employment with the Company for “Good Reason” (as hereinafter defineddefined below), and provided you execute a general release in a form provided by the Company at the time of termination, you will be entitled to receive the following benefitsbenefits from the Company:

Appears in 3 contracts

Samples: MGT Capital Investments Inc, MGT Capital Investments Inc, MGT Capital Investments Inc

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