Common use of Change of Control Period Clause in Contracts

Change of Control Period. Change of Control Period" means the period commencing on the Company's public announcement of a proposed Change of Control and ending on the earlier of (A) the twelve (12) month period following the consummation of the proposed Change of Control, or (B) the Company's public announcement that the proposed Change of Control will not occur.

Appears in 13 contracts

Samples: Severance and Executive Change of Control Agreement, Executive Change of Control Agreement (Mattson Technology Inc), Severance and Executive Change of Control Agreement (Mattson Technology Inc)

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Change of Control Period. Change of in Control Period" means shall mean the period of time commencing with the date on which the Company's public announcement Company becomes aware of the Change in Control or becomes aware of a proposed transaction which reasonably could be expected to result in a Change of in Control and ending on the earlier first to occur of two (A2) years after the twelve (12) month period following the consummation effective date of the proposed Change of Control, in Control or (B) the Company's public announcement that date on which the proposed Change of Control will not transaction no longer is reasonably expected to occur.

Appears in 6 contracts

Samples: Employment Agreement (Universal Technology Systems Corp.), Employment Agreement (Universal Technology Systems Corp.), Employment Agreement (Universal Technology Systems Corp.)

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Change of Control Period. A β€œChange of Control Period" means ” shall mean the period of time commencing with the date on which the Company's public announcement of a proposed Change of Control occurs, or if earlier, the date upon which the Company publicly announces the entrance into an agreement with a third party to complete a proposed transaction which would result in a Change of Control, and ending on the earlier of first to occur of: (Aa) six months after the twelve (12) month period following the consummation effective date of the proposed Change of Control, ; or (Bb) the Company's public announcement that date on which the proposed Change of Control will not is no longer discussed or proposed to occur.

Appears in 1 contract

Samples: Executive Retention Agreement (MRV Communications Inc)

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