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, Employee’s employment is terminated involuntarily by the Company other than for Cause, death or Disability or by the Employee pursuant to a Voluntary Termination for Good Reason, then the Company shall provide the Employee with the benefits as set forth below:

Appears in 4 contracts

Samples: Change of Control Severance Agreement (Chalone Wine Group LTD), Change of Control Severance Agreement (Chalone Wine Group LTD), Change of Control Severance Agreement (Chalone Wine Group LTD)

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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 eighteen (1218) months following a Change of Control, Employee’s 's employment is terminated involuntarily by the Company other than for Cause, death or Disability or by the Employee pursuant to a Voluntary Termination for Good Reason, then the Company shall provide the Employee with the benefits as set forth belowfollowing benefits:

Appears in 2 contracts

Samples: Control Severance Agreement (New Era of Networks Inc), Control Severance Agreement (New Era of Networks 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, Employee’s employment is terminated involuntarily by with the Company other than for Cause, death (or Disability or by the Employee pursuant to a Voluntary Termination for Good Reason, then the Company shall provide the Employee with the benefits as set forth below:any subsidiary thereof) is terminated

Appears in 1 contract

Samples: Management Retention Agreement (Palmsource 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 twenty-four (1224) months following a Change of Control, Employee’s 's employment is terminated (i) involuntarily by the Company other than for Cause, death or Disability or (ii) by the Employee pursuant to a Voluntary Termination for Good Reason, then then, subject to Employee entering into a standard form of mutual release of claims with the Company, the Company shall provide the Employee with the following benefits as set forth belowupon such termination:

Appears in 1 contract

Samples: Management Retention Agreement (3com Corp)

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