Common use of Compensation Upon Termination Following a Change in Control Clause in Contracts

Compensation Upon Termination Following a Change in Control. (A) If your employment shall be terminated for any reason otherwise than (x) as a result of your death, Disability or Retirement; (y) by you for other than Good Reason; or (z) by the Company or any of its subsidiaries for Cause, within two (2) years following a Change in Control (as defined in Section 2), then, if you sign a General Release in a form generally acceptable to the Company that releases the Company and its subsidiaries from any and all claims you may have against them and certifies your willingness to comply with Sections 6 and 7 of this Agreement, you shall be entitled to the benefits provided below:

Appears in 5 contracts

Samples: Gerber Scientific Inc, Gerber Scientific Inc, Gerber Scientific Inc

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