Common use of Involuntary Termination Following a Change in Control Clause in Contracts

Involuntary Termination Following a Change in Control. If within twelve (12) months following a Change in Control (i) Executive terminates his or her employment with the Company (or any parent, subsidiary or successor of the Company) for Good Reason (as defined herein) or (ii) the Company (or any parent, subsidiary or successor of the Company) terminates Executive’s employment without Cause (as defined herein), and Executive signs and does not revoke the release of claims required by Section 5, Executive will receive the following severance benefits from the Company:

Appears in 6 contracts

Samples: Change in Control Agreement (Senorx Inc), Change in Control Agreement (Avanex Corp), Change in Control Agreement (Senorx Inc)

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Involuntary Termination Following a Change in Control. If upon or within twelve (12) months following a Change in Control (i) Executive terminates his or her employment with the Company (or any parent, subsidiary or successor of the Company) for Good Reason (as defined herein) or (ii) the Company (or any parent, subsidiary or successor of the Company) terminates Executive’s employment without Cause (as defined herein), and Executive signs and does not revoke the release of claims as required by Section 54, Executive will receive the following severance benefits from the Company:

Appears in 4 contracts

Samples: Change in Control Agreement (Drugstore Com Inc), Change in Control Agreement (Drugstore Com Inc), Change in Control Agreement (Maxlinear Inc)

Involuntary Termination Following a Change in Control. If within twelve (12) months following a Change in Control (i) Executive terminates his or her employment with the Company (or any parent, subsidiary or successor of the Company) for Good Reason (as defined herein) or (ii) the Company (or any parent, subsidiary or successor of the Company) terminates Executive’s employment without Cause (as defined herein), and Executive signs and does not revoke the release of claims required by Section 54, Executive will receive the following severance benefits from the Company:

Appears in 1 contract

Samples: Change in Control Agreement (Integrated Silicon Solution Inc)

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Involuntary Termination Following a Change in Control. If within twelve twenty-four (1224) months following a Change in Control (i) Executive terminates his or her employment with the Company (or any parent, subsidiary or successor of the Company) for Good Reason (as defined herein) or (ii) the Company (or any parent, subsidiary or successor of the Company) terminates Executive’s employment without Cause (as defined herein), and Executive signs and does not revoke the release of claims required by Section 54, Executive will receive the following severance benefits from the Company:

Appears in 1 contract

Samples: Change in Control Agreement (Cohu Inc)

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