Common use of Executives Covenants Clause in Contracts

Executives Covenants. The Executive agrees that, subject to the terms and conditions of this Agreement, in the event of a Potential Change in Control during the term of this Agreement, the Executive will remain in the employ of the Company until the earliest of (i) a date which is six months from the date of such Potential Change of Control, (ii) the date of a Change in Control, (iii) the date of termination by the Executive of the Executive's employment for Good Reason (determined by treating the Potential Change in Control as a Change in Control in applying the definition of Good Reason), by reason of death or Retirement; or (iv) the termination by the Company of the Executive's employment for any reason.

Appears in 12 contracts

Samples: Change in Control Agreement, Change in Control Agreement (Aspen Technology Inc /Ma/), Change in Control Agreement (Aspen Technology Inc /De/)

AutoNDA by SimpleDocs

Executives Covenants. The Executive agrees that, subject to the terms and conditions of this Agreement, in the event of a Potential Change in Control during the term of this Agreement, the Executive will remain in the employ of the Company following the occurrence of such event until the earliest of (i) a date which is six months from the date of such Potential Change of in Control, (ii) the date of a Change in Control, (iii) the date of termination by the Executive of the Executive's his employment for Good Reason (determined by treating the a Potential Change in Control as a Change in Control in applying the definition of Good Reason), ) or by reason of death death, Retirement or Retirement; Total Disability, or (iv) the termination by the Company of the Executive's employment for any reason.

Appears in 2 contracts

Samples: Severance Agreement (Maverick Tube Corporation), Severance Agreement (Maverick Tube Corporation)

AutoNDA by SimpleDocs

Executives Covenants. The Executive agrees that, subject to the terms and conditions of this Agreement, in the event of a Potential Change in Control during the term of this Agreement, the Executive will remain in the employ of the Company until the earliest of (ia) a date which is six months from after the date of such Potential Change of Control, (ii) the date of a Change in Control, (iiib) the Control Change Date, (c) the date of termination by the Executive of the Executive's employment for Good Reason (determined by treating the Potential Change in Control as a Change in Control in applying the definition of Good Reason), by reason of death or Retirement; Disability, or (ivd) the termination by the Company of the Executive's employment for any reason.

Appears in 1 contract

Samples: Agreement (Crestar Financial Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.