Employment by Successor Sample Clauses

Employment by Successor. For purposes of this Agreement, employment by a successor of Company or a successor of any subsidiary of Company that has assumed this Agreement shall be considered to be employment by Company or one of its subsidiaries. As a result, if Executive is employed by such a successor following a Change in Control, Executive will not be entitled to receive the benefits provided by Section 8 unless Executive’s employment with the successor is subsequently terminated without Cause or for Good Reason within twelve (12) months following the Change in Control.
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Employment by Successor. For purposes of this Agreement employment by a successor of Company or a successor of any subsidiary of Company that has assumed this Agreement shall be considered to be employment by Company or one of its subsidiaries. As a result, if Executive is employed by such a successor following a Change in Control, he will not be entitled to receive the benefits provided by Section 8 unless his employment with the successor is subsequently terminated without Cause or he terminates his employment for Good Reason.
Employment by Successor. For purposes of this Agreement employment by a successor of Company or a successor of any subsidiary of Company that has assumed this Agreement, or continuing employment by Parent, Company or any other subsidiary of Parent after a Change in Control, shall be considered to be employment by Company or one of its subsidiaries. As a result, if Executive is employed by Company or by such a successor, or by Parent or one of its other subsidiaries, following a Change in Control, he will not be entitled to receive the benefits provided by Section 8 unless his employment with the Company or the successor is subsequently terminated without Cause or he terminates his employment for Good Reason.
Employment by Successor. For purposes of this Agreement, employment by a successor of Company or Parent, or affiliate thereof, that has assumed this Agreement, shall be considered to be employment by Company or Parent or one of its affiliates. As a result, if Executive is employed by such a successor following a Change in Control, he will not be entitled to receive the benefits provided by Section 8 unless his employment with the successor is subsequently terminated without Cause, he terminates his employment for Good Reason, or he terminates his employment within 120 days after the Change in Control in accordance with subparagraph (b) of Section 8 of this Agreement.
Employment by Successor. For purposes of this Agreement employment by a successor of Company or a successor of any subsidiary of Company that has assumed this Agreement shall be considered to be employment by Company or one of its subsidiaries.
Employment by Successor. For purposes of this Agreement, employment by a successor of Company or a successor of any subsidiary of Company that has assumed this Agreement, or continuing employment by Parent, Company or any other subsidiary of Parent after a change in control shall be considered to be employment by Company or one of its subsidiaries. As a result, if Executive is employed by such a successor following a Change in Control, Executive will not be entitled to receive the benefits provided by Section 8 unless Executive’s employment with the successor is subsequently terminated without Cause or for Good Reason within twenty-four (24) months following the Change in Control.
Employment by Successor. For purposes of this Agreement, employment by a successor of Company or Parent, or affiliate thereof, that has assumed this Agreement, shall be considered to be employment by Company or Parent or one of their affiliates. As a result, if Executive is employed by such a successor following a Change in Control, he will not be entitled to receive the benefits provided by Section 8(c) unless his employment with the successor is subsequently terminated without Cause, he terminates his employment for Good Reason, or he terminates his employment within 120 days after the Change in Control in accordance with Subsection 8(b) of this Agreement. Nothing in this Section 8(i) shall prevent any stock option granted to Executive by Company or Parent from vesting upon a "change of control" as defined in and pursuant to the terms of the plan pursuant to which such stock option was granted.
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Employment by Successor. For purposes of this Agreement, employment by a successor of Company or a successor of any subsidiary of Company that has assumed this Agreement shall be considered to be employment by Company or one of its subsidiaries. As a result, if Executive is employed by such a successor following a Change in Control, Executive will not be entitled to receive the benefits provided by Section 9 unless Executive’s employment with the successor is subsequently terminated without Cause or for Good Reason within twelve (12) months following the Change in Control. 10. Confidentiality, Intellectual Property, Non-Solicitation, and Non-Competition Agreement. As a condition of employment, Executive also must sign the Confidentiality, Intellectual Property, Non-Solicitation and Non-Competition Agreement, which is attached as Exhibit A to this Agreement. 11.
Employment by Successor. Notwithstanding the foregoing, in the event Employee's rights to Severance Payments are terminated under subsection c. iii) above based on Employee's employment by Community's assignee or successor in interest pursuant to the Change in Control (collectively the "Successor"), and the Successor subsequently terminates Employee's employment without cause, then the Severance Payments shall commence on the fifteenth day of the calendar month immediately following the month in which said termination occurred, and shall thereafter be made on the fifteenth day of each calendar month through and including December of the calendar year immediately following the year in which the Change in Control occurred, unless and until the Severance Payments are otherwise terminated pursuant to the provisions of subsection c, above.
Employment by Successor. The Company will require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company or any of its subsidiaries in a Change of Control to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Company or any subsidiary would be required to perform it if no such succession had taken place. Failure of the Company to obtain such assumption and agreement prior to the effectiveness of any such succession, or of the successor to acknowledge the assumption of this Agreement, shall entitle Executive to payments in the same amount and on the same terms to which Executive would have been entitled hereunder if he had terminated his employment for Good Reason following a Change of Control, except that for purposes of implementing the foregoing, the date on which any such succession becomes effective shall be Executive's deemed termination date.
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