Common use of Change of Control Date Clause in Contracts

Change of Control Date. (a) The “Change of Control Date” shall mean the first date during the term of this Agreement on which a Change of Control (as defined in Section 2) occurs; provided, that the Executive’s employment with the Company shall be considered to have occurred the Change of Control Date if it is reasonably demonstrated by the Executive that such termination of employment (i) was at the request of a third party who has taken steps reasonably calculated to effect a Change of Control or (ii) otherwise arose in connection with or in anticipation of a Change of Control.

Appears in 9 contracts

Samples: Change of Control (Kewaunee Scientific Corp /De/), Change of Control (Kewaunee Scientific Corp /De/), Change of Control (Kewaunee Scientific Corp /De/)

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Change of Control Date. (a) The "Change of Control Date" shall mean be the first date during the term of this Agreement on which a Change of Control (as defined in Section 2) occurs; provided. Anything in this Agreement to the contrary notwithstanding, that the Executive’s employment with the Company shall be considered to have occurred the Change of Control Date if it is reasonably demonstrated by the Executive that such termination of employment (i) was at the request of a third party who has taken steps reasonably calculated to effect a Change of Control occurs and the Company has terminated the Executive's employment (other than under circumstances which would constitute Cause or Disability (iias defined below)) otherwise arose in connection with or in anticipation of a Change of Control.the Executive has terminated his employment under circumstances which would constitute Good Reason

Appears in 1 contract

Samples: Employment Agreement (Cordant Technologies Inc)

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Change of Control Date. (a) The "Change of Control Date" shall mean be the first date during the term of this Agreement on which a Change of Control (as defined in Section 2) occurs; provided. Anything in this Agreement to the contrary notwithstanding, that the Executive’s employment with the Company shall be considered to have occurred the Change of Control Date if it is reasonably demonstrated by the Executive that such termination of employment (i) was at the request of a third party who has taken steps reasonably calculated to effect a Change of Control occurs and the Company has terminated the Executive's employment (other than under circumstances which would constitute Cause or Disability (iias defined below)) otherwise arose in connection with or in anticipation of a Change of Control.the Executive has

Appears in 1 contract

Samples: Employment Agreement (Cordant Technologies Inc)

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