Common use of Change of Control Severance Benefits Clause in Contracts

Change of Control Severance Benefits. (a) Involuntary Termination other than for Cause, Death or Disability or Voluntary Termination for Good Reason Following A Change of Control. If, within twelve (12) months following a Change of Control, the Executive’s employment is terminated (i) involuntarily by the Company other than for Cause, death or Disability or (ii) by the Executive pursuant to a Voluntary Termination for Good Reason, then, subject to the Executive entering into and not revoking a mutual release of claims with the Company substantially in the form attached as Exhibit A to this Agreement (the “Release”), the Company shall provide the Executive with the following benefits upon such termination:

Appears in 2 contracts

Samples: Management Retention Agreement (3PAR Inc.), Management Retention Agreement (3PAR Inc.)

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Change of Control Severance Benefits. (a) Involuntary Termination other than for Cause, Death or Disability or Voluntary Termination for Good Reason Following A Change of Control. If, within twelve (12) months following a Change of Control, the Executive’s 's employment is terminated (i) involuntarily by the Company other than for Cause, death or Disability or (ii) by the Executive pursuant to a Voluntary Termination for Good Reason, then, subject to the Executive entering into and not revoking a standard form of mutual release of claims with the Company substantially in the form attached as Exhibit A to this Agreement (the “Release”)Company, the Company shall provide the Executive with the following benefits upon such termination:

Appears in 1 contract

Samples: Management Retention Agreement (Pc Tel Inc)

Change of Control Severance Benefits. (a) Involuntary Termination other than for Cause, Death or Disability or Voluntary Termination for Good Reason Following A Change of Control. If, within twelve (12) months following a Change of Control, the Executive’s employment is terminated (i) involuntarily by the Company other than for Cause, death or Disability or (ii) by the Executive pursuant to a Voluntary Termination for Good Reason, then, subject to the Executive entering into and not revoking a mutual release of claims with the Company substantially in the form attached as Exhibit A to this Agreement (the “Release”)Agreement, the Company shall provide the Executive with the following benefits upon such termination:

Appears in 1 contract

Samples: Management Retention Agreement (3PAR Inc.)

Change of Control Severance Benefits. (a) Involuntary Termination other than for Cause, Death or Disability ----------------------------------------------------------------- or Voluntary Termination for Good Reason Following A Change of Control. If, ---------------------------------------------------------------------- within twelve (12) months following a Change of Control, the Executive’s Employee's employment is terminated (i) involuntarily by the Company other than for Cause, death or Disability or (ii) by the Executive pursuant to a Voluntary Termination for Good Reason, then, subject to the Executive entering into and not revoking a standard form of mutual release of claims with the Company substantially in the form attached as Exhibit A to this Agreement (the “Release”)Company, the Company shall provide the Executive with the following benefits upon such termination:

Appears in 1 contract

Samples: Management Retention Agreement (Pc Tel Inc)

Change of Control Severance Benefits. (a) Involuntary Termination other than for Cause, Death or Disability or Voluntary Termination for Good Reason Following A Change of Control. If, within twelve (12) months following a Change of Control, the Executive’s Employee's employment is terminated (i) involuntarily by the Company other than for Cause, death or Disability or (ii) by the Executive Employee pursuant to a Voluntary Termination for Good Reason, then, subject to the Executive Employee entering into and not revoking a standard form of mutual release of claims with the Company substantially in the form attached as Exhibit A to this Agreement (the “Release”)Company, the Company shall provide the Executive Employee with the following benefits upon such termination:

Appears in 1 contract

Samples: Management Retention Agreement (3com Corp)

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Change of Control Severance Benefits. (a) Involuntary Termination other than for Cause, Death or ------------------------------------------------------ Disability or Voluntary Termination for Good Reason Following A Change of ------------------------------------------------------------------------- Control. If, within twelve (12) months following a Change of Control, the ------- Executive’s 's employment is terminated (i) involuntarily by the Company other than for Cause, death or Disability or (ii) by the Executive pursuant to a Voluntary Termination for Good Reason, then, subject to the Executive entering into and not revoking a standard form of mutual release of claims with the Company substantially in the form attached as Exhibit A to this Agreement (the “Release”)Company, the Company shall provide the Executive with the following benefits upon such termination:

Appears in 1 contract

Samples: Management Retention Agreement (Pc Tel Inc)

Change of Control Severance Benefits. (a) Involuntary Termination other than for Cause, Death or Disability or Voluntary Termination for Good Reason Following A a Change of Control. If, within twelve (12) months following a Change of Control, the Executive’s 's employment is terminated (i) involuntarily by the Company other than for Cause, death or Disability or (ii) by the Executive pursuant to a Voluntary Termination for Good Reason, then, subject to the Executive entering into and not revoking a standard form of mutual release of or claims with the Company substantially in the form attached as Exhibit A to this Agreement (the “Release”)Company, the Company shall provide the Executive with the following benefits upon such termination:

Appears in 1 contract

Samples: Management Retention Agreement (Pc Tel Inc)

Change of Control Severance Benefits. (a) Involuntary Termination other than for Cause, Death or Disability or Voluntary Termination for Good Reason Following A Change of Control. If, within twelve (12) months following a Change of Control, the Executive’s 's employment is terminated (i) involuntarily by the Company other than for Cause, death or Disability or (ii) by the Executive pursuant to a Voluntary Termination for Good Reason, then, subject to the Executive entering into and not revoking a standard form of mutual release of claims with the Company substantially in the form attached as Exhibit A to this Agreement (the “Release”)Company, the Company shall provide the Executive with the following benefits upon such termination:

Appears in 1 contract

Samples: Management Retention Agreement (Pc Tel Inc)

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