Common use of Employment After a Change in Control Clause in Contracts

Employment After a Change in Control. If the Executive is in the employ of the Company (which for this purpose shall also include any subsidiary of the Company) on the date of a Change in Control, the Company hereby agrees to continue the Executive in its employ (and/or, in the case of any subsidiary of the Company, the employ of such subsidiary) for the period commencing on the date of the Change in Control and ending on the last day of the Term of this Agreement. During the period of employment described in the foregoing provision of this paragraph 2 (the “Employment Period”), the Executive shall hold such position with the Company (which for this purpose shall also include any subsidiary of the Company) and exercise such authority and perform such executive duties as are commensurate with the Executive’s position, authority, and duties immediately prior to the Change in Control. The Executive agrees that during the Employment Period the Executive shall devote full business time exclusively to the executive duties described herein and perform such duties faithfully and efficiently; provided, however, that nothing in this Agreement shall prevent the Executive from voluntarily resigning from employment upon sixty (60) days’ written notice to the Company under circumstances which do not constitute a Termination (as defined below in paragraph 5).

Appears in 7 contracts

Samples: Change in Control Agreement (First American Financial Corp), Change in Control Agreement (First American Financial Corp), Change in Control Agreement (First Advantage Corp)

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Employment After a Change in Control. If the Executive is in the employ of the Company (which for this purpose shall also include any subsidiary of the Company) on the date of a Change in Control, the Company hereby agrees to continue the Executive in its employ (and/or, in the case of any subsidiary of the Company, the employ of such subsidiary) for the period commencing on the date of the Change in Control and ending on the last day of the Term of this Agreement. During the period of employment described in the foregoing provision of this paragraph 2 (the “Employment Period”), the Executive shall hold such position with the Company (which for this purpose shall also include any subsidiary of the Company) and exercise such authority and perform such executive duties as are commensurate with the Executive’s position, authority, and duties immediately prior to the Change in Control. The Executive agrees that during the Employment Period the Executive shall devote full business time exclusively to the executive duties described herein and perform such duties faithfully and efficiently; provided, however, that nothing in this Agreement shall prevent the Company from terminating the Executive’s employment (whether or not such termination of employment constitutes a Termination, but subject to the Company’s obligations pursuant to paragraphs 5 and 6 below) or prevent the Executive from voluntarily resigning from employment upon sixty (60) days’ days written notice to the Company under circumstances which do not constitute a Termination (as defined below in paragraph 5).

Appears in 3 contracts

Samples: Change in Control Agreement (Corelogic, Inc.), Change in Control Agreement (Corelogic, Inc.), Change in Control Agreement (Corelogic, Inc.)

Employment After a Change in Control. If the Executive is in the employ of the Company (which for this purpose shall also include any subsidiary of the Company) on the date of a Change in Control, the Company hereby agrees to continue the Executive in its employ (and/or, in the case of any subsidiary of the Company, the employ of such subsidiary) for the period commencing on the date of the Change in Control and ending on the last day of the Term of this Agreement. During the period of employment described in the foregoing provision of this paragraph 2 3 (the “Employment Period”), the Executive shall hold such position with the Company (which for this purpose shall also include any subsidiary of the Company) and exercise such authority and perform such executive duties as are commensurate with the Executive’s position, authority, and duties immediately prior to the Change in Control. The Executive agrees that during the Employment Period the Executive shall devote full business time exclusively to the executive duties described herein and perform such duties faithfully and efficiently; provided, however, that nothing in this Agreement shall prevent the Executive from voluntarily resigning from employment upon sixty (60) days’ written notice to the Company under circumstances which do not constitute a Termination (as defined below in paragraph 56).

Appears in 2 contracts

Samples: Change in Control Agreement (First American Corp), Change in Control Agreement (First American Corp)

Employment After a Change in Control. If the Executive is in the ------------------------------------ employ of the Company (which for this purpose shall also include any subsidiary of the Company) on the date of a Change in Control, the Company hereby agrees to continue the Executive in its employ (and/or, in the case of any subsidiary of the Company, the employ of such subsidiary) for the period commencing on the date of the Change in Control and ending on the last day of the Term of this Agreement. During the period of employment described in the foregoing provision of this paragraph 2 (the "Employment Period"), the Executive shall ----------------- hold such position with the Company (which for this purpose shall also include any subsidiary of the Company) and exercise such authority and perform such executive duties as are commensurate with the Executive’s 's position, authority, authority and duties immediately prior to the Change in Control. The Executive agrees that during the Employment Period the Executive shall devote full business time exclusively to the executive duties described herein and perform such duties faithfully and efficiently; provided, however, that nothing in this Agreement -------- ------- shall prevent the Executive from voluntarily resigning from employment upon sixty (60) 60 days' written notice to the Company under circumstances which do not constitute a Termination (as defined below in paragraph 5).

Appears in 2 contracts

Samples: Change In (First American Financial Corp), Change in Control Agreement (First American Financial Corp)

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Employment After a Change in Control. If the Executive is in the employ of the Company (which for this purpose shall also include any subsidiary of the Company) on the date of a Change in Control, the Company hereby agrees to continue the Executive in its employ (and/or, in the case of any subsidiary of the Company, the employ of such subsidiary) for the period commencing on the date of the Change in Control and ending on the last day of the Term of this Agreement. During the period of employment described in the foregoing provision of this paragraph 2 (the “Employment Period”), the Executive shall hold such position with the Company (which for this purpose shall also include any subsidiary of the Company) and exercise such authority and perform such executive duties as are commensurate with the Executive’s position, authority, authority and duties immediately prior to the Change in Control. The Executive agrees that during the Employment Period the Executive shall devote full business time exclusively to the executive duties described herein and perform such duties faithfully and efficiently; provided, however, that nothing in this Agreement shall prevent the Executive from voluntarily resigning from employment upon sixty (60) 60 days’ written notice to the Company under circumstances which do not constitute a Termination (as defined below in paragraph 5).

Appears in 1 contract

Samples: Change in Control Agreement (First American Corp)

Employment After a Change in Control. If the Executive is in the employ of the Company (which for this purpose shall also include any subsidiary of the Company) Trust on the date of a Change in Control, the Company Trust hereby agrees to continue the Executive in its employ (and/or, in the case of any subsidiary of the Company, the employ of such subsidiary) for the period commencing on the date of the Change in Control and ending on the last day of the Term of this Agreement. During the period of employment described in the foregoing provision provisions of this paragraph 2 (the Employment Period’, with each Change in Control occurring during the Term commencing a new ‘Employment Period’ based on the extended Term of the Agreement resulting from such Change in Control), the Executive shall hold such position with the Company (which for this purpose shall also include any subsidiary of the Company) Trust and exercise such authority and perform such executive duties as are commensurate with the Executive’s his position, authority, authority and duties immediately prior to the Change in ControlEmployment Period. The Executive agrees that during the Employment Period the Executive he shall devote his full business time exclusively to the executive duties described herein and perform such duties faithfully and efficiently; provided, however, that nothing in this Agreement shall prevent the Executive from voluntarily resigning from employment upon sixty (60) no less than 15 days’ advance written notice to the Company Trust under circumstances which that do not constitute a Termination (as defined below in paragraph 5).

Appears in 1 contract

Samples: Letter Agreement (Prologis)

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