Common use of Events Giving Rise to Benefits Clause in Contracts

Events Giving Rise to Benefits. The Company agrees to pay or cause to be paid to the Executive the benefits specified in this Section 2 if (i) there is a Change of Control, and (ii) within the Change of Control Period, (a) the Company or the Successor terminates the employment of the Executive for any reason other than Cause, death or Disability or (b) the Executive voluntarily terminates employment for Good Reason.

Appears in 17 contracts

Samples: Change of Control Agreement (Magnetek Inc), Change of Control Agreement (Magnetek Inc), Change of Control Agreement (Magnetek Inc)

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Events Giving Rise to Benefits. The Company agrees to pay or cause to be paid to the Executive the benefits specified in this Section Paragraph 2 if (i) there is a Change of in Control, and (ii) within the Change of in Control Period, (a) the Company or the Successor terminates the employment of the Executive for any reason other than Cause, death or Disability or (b) the Executive voluntarily terminates employment for Good Reason.

Appears in 2 contracts

Samples: Change in Control Agreement (AstroNova, Inc.), Change in Control Agreement (Astro Med Inc /New/)

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