Common use of Executive's Right to Leave Employment Clause in Contracts

Executive's Right to Leave Employment. At any time during the six month period following a Change in Control Date, the Executive shall have the right to terminate the Executive's employment with the Company at the Executive's sole discretion (the "Executive Termination Right"). In the event the Executive exercises the Executive Termination Right, the Company shall pay the Executive in a lump sum in cash within 10 days after the date of termination the aggregate of the following amounts:

Appears in 10 contracts

Samples: Change in Control Agreement, Change in Control Agreement, Change in Control Agreement (Parkway Properties Inc)

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Executive's Right to Leave Employment. At any time during the six month period following a Change in Control Date, the Executive shall have the right to terminate the Executive's ’s employment with the Company at the Executive's ’s sole discretion (the "Executive Termination Right"). In the event the Executive exercises the Executive Termination Right, the Company shall pay the Executive in a lump sum in cash within 10 days after the date of termination the aggregate of the following amounts:

Appears in 2 contracts

Samples: Control and Executive Employment Agreement (Amerivest Properties Inc), Control and Term Employment Agreement (Amerivest Properties Inc)

Executive's Right to Leave Employment. At any time during the six month period following a Change in Control Date, the Executive shall have the right to terminate the Executive's ’s employment with the Company at the Executive's ’s sole discretion (the "Executive Termination Right"). In the event the Executive exercises the Executive Termination Right, the Company shall shall, subject to Sections 11 and 12, pay the Executive in a lump sum in cash within 10 days after the date of termination the aggregate of the following amounts:

Appears in 1 contract

Samples: Change in Control Agreement (Infinity Energy Resources, Inc)

Executive's Right to Leave Employment. At any time during the six month period following a Change in Control Date, the Executive shall have the right to terminate the Executive's employment with the Company at the Executive's sole discretion (the "Executive Termination Right"). In the event the Executive exercises the Executive Termination Right, the Company shall pay to the Executive in a lump sum in cash within 10 days after the date of termination the aggregate of the following amountsExecutive:

Appears in 1 contract

Samples: Change in Control Agreement (Parkway Properties Inc)

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Executive's Right to Leave Employment. At any time during the six month period following a Change in Control Date, the Executive shall have the right to terminate the Executive's ’s employment with the Company at the Executive's ’s sole discretion (the "Executive Termination Right"). In the event the Executive exercises the Executive Termination Right, the Company shall shall, subject to Sections 8 and 9, pay the Executive in a lump sum in cash within 10 days after the date of termination the aggregate of the following amounts:

Appears in 1 contract

Samples: Change in Control Agreement (Infinity Energy Resources, Inc)

Executive's Right to Leave Employment. At any time during the six month period following a Change in Control Date, the Executive shall have the right to terminate the Executive's ’s employment with the Company at the Executive's ’s sole discretion (the "Executive Termination Right"). In the event the Executive exercises the Executive Termination Right, the Company shall pay the Executive in a lump sum in cash within 10 days after the date of termination the aggregate of the following amounts:

Appears in 1 contract

Samples: Control and Term Employment Agreement (Amerivest Properties Inc)

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