Common use of Involuntary Termination During a Change of Control Period Clause in Contracts

Involuntary Termination During a Change of Control Period. Subject to the provisions of Section 5.6 hereof, if Executive's employment by Company or any subsidiary thereof or successor thereto shall be subject to an Involuntary Termination during a Change of Control Period, then Company shall, as additional compensation for services rendered to Company (including its subsidiaries), pay to Executive the following amounts and take the following actions after the last day of Executive's employment with Company:

Appears in 10 contracts

Samples: Employment Agreement (Superior Well Services, INC), Employment Agreement (Superior Well Services, INC), Employment Agreement (Superior Well Services, INC)

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Involuntary Termination During a Change of Control Period. Subject to the provisions of Section Sections 5.6 hereofand 5.7, if Executive's ’s employment by Company or any subsidiary thereof or successor thereto shall be subject to an Involuntary Termination during a Change of Control Period, then Company shall, as additional compensation for services rendered to Company (including its subsidiaries), pay to Executive the following amounts and take the following actions after the last day of Executive's employment with Companyactions:

Appears in 6 contracts

Samples: Employment Agreement (Magnum Hunter Resources Corp), Employment Agreement (Petro Resources Corp), Employment Agreement (Petro Resources Corp)

Involuntary Termination During a Change of Control Period. Subject to the provisions of Section Sections 5.5, 5.6 hereofand 5.7, if Executive's ’s employment by Company or any subsidiary thereof or successor thereto shall be subject to an Involuntary Termination during a Change of Control Period, then Company shall, as additional compensation for services rendered to Company (including its subsidiaries), pay to Executive the following amounts and take the following actions after the last day of Executive's employment with Companyactions:

Appears in 2 contracts

Samples: Employment Agreement (Concho Resources Inc), Employment Agreement (Concho Resources Inc)

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Involuntary Termination During a Change of Control Period. Subject to the provisions of Section 5.6 hereofSections 5.6, 5.7 and 5.8, if Executive's ’s employment by Company or any subsidiary thereof or successor thereto shall be subject to an Involuntary Termination during a Change of Control Period, then Company shall, as additional compensation for services rendered to Company (including its subsidiaries), pay to Executive the following amounts and take the following actions after the last day of Executive's employment with Companyactions:

Appears in 1 contract

Samples: Employment Agreement (Concho Resources Inc)

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