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

Involuntary Termination Following a Change of Control. If within eighteen (18) months following a Change of Control (X)(i) Executive terminates his or her employment with the Company (or any parent or subsidiary of the Company) for Good Reason or (ii) the Company (or any parent or subsidiary of the Company) terminates Executive’s employment for other than Cause, and (Y) subject to Section 9(b) providing that Executive signs and does not revoke a standard release of claims with the Company in a form reasonably acceptable to the Company, and then, subject to Section 9(c) and Section 9(h), Executive shall receive the following severance from the Company:

Appears in 3 contracts

Samples: Executive Employment Agreement (NeurogesX Inc), Executive Employment Agreement (NeurogesX Inc), Executive Employment Agreement (NeurogesX Inc)

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Involuntary Termination Following a Change of Control. If within eighteen (18) months following a Change of Control (X)(i) Executive terminates his or her employment with the Company (or any parent or subsidiary of the Company) for Good Reason or (ii) the Company (or any parent or subsidiary of the Company) terminates Executive’s employment for other than Cause, and (Y) subject to Section 9(b) providing that Executive signs and does not revoke a standard release of claims with the Company in a form reasonably acceptable to the Company, and then, then subject to Section 9(c) and Section 9(h), Executive shall receive the following severance from the Company:

Appears in 2 contracts

Samples: Executive Employment Agreement (NeurogesX Inc), Executive Employment Agreement (NeurogesX Inc)

Involuntary Termination Following a Change of Control. If either (A) within eighteen ninety (1890) days prior to a Change of Control or (B) within twenty-four (24) months following a Change of Control (X)(ii) Executive terminates his or her employment with the Company (or any parent or subsidiary of the Company) for Good Reason or (ii) the Company (or any parent or subsidiary of the Company) terminates Executive’s employment for other than Cause, and (Y) subject to Section 9(b) providing that Executive signs and does not revoke a standard release of claims with the Company in a form reasonably acceptable to the Company, and then, subject Company (such acceptance not to Section 9(c) and Section 9(hbe unreasonably withheld), then Executive shall receive the following severance from the Company:

Appears in 2 contracts

Samples: Change of Control Severance Agreement (Inter Tel Inc), Change of Control Severance Agreement (Inter Tel Inc)

Involuntary Termination Following a Change of Control. If within eighteen (18) months following a Change of Control Control, (X)(i) Executive terminates his or her employment with the Company (or any parent or subsidiary of the Company) for Good Reason or (ii) the Company (or any parent or subsidiary of the Company) terminates Executive’s employment for other than Cause, and (Y) subject to Section 9(b) providing that Executive signs and does not revoke a standard release of claims with the Company in a form reasonably acceptable to the Company, and then, subject to Section 9(c) and Section 9(h), Executive shall receive the following severance from the Company:

Appears in 2 contracts

Samples: Executive Employment Agreement (NeurogesX Inc), Executive Employment Agreement (NeurogesX Inc)

Involuntary Termination Following a Change of Control. If within eighteen (18) months following a Change of Control Control. (X)(iX) (i) Executive terminates his or her employment with the Company (or any parent or subsidiary of the Company) for Good Reason or (ii) the Company (or any parent or subsidiary of the Company) terminates Executive’s employment for other than Cause, and (Y) subject to Section 9(b) providing that Executive signs and does not revoke a standard release of claims with the Company in a form reasonably acceptable to the Company, and then, subject to Section 9(c9(b) and Section 9(h9(g), Executive shall receive the following severance from the Company:

Appears in 1 contract

Samples: Executive Employment Agreement (NeurogesX Inc)

Involuntary Termination Following a Change of Control. If within eighteen (18) months following a Change of Control Control, (X)(i) Executive terminates his or her employment with the Company (or any parent or subsidiary of the Company) for Good Reason or (ii) the Company (or any parent or subsidiary of the Company) terminates Executive’s employment for other than Cause, and (Y) subject to Section 9(b) providing that Executive signs and does not revoke a standard release of claims with the Company in a form reasonably acceptable to the Company, and then, subject to Section 9(c9(b) and Section 9(h9(g), Executive shall receive the following severance from the Company:

Appears in 1 contract

Samples: Executive Employment Agreement (NeurogesX Inc)

Involuntary Termination Following a Change of Control. If within eighteen (18) months following a Change of Control (X)(i) Executive terminates his or her employment with the Company (or any parent or subsidiary of the Company) for Good Reason or (ii) the Company (or any parent or subsidiary of the Company) terminates Executive’s employment for other than Cause, and (Y) subject to Section 9(b) providing that Executive signs and does not revoke a standard release of claims with the Company in a form reasonably acceptable to the Company, and then, subject to Section 9(c9(b) and Section 9(h9(g), Executive shall receive the following severance from the Company:

Appears in 1 contract

Samples: Executive Employment Agreement (NeurogesX Inc)

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Involuntary Termination Following a Change of Control. If within eighteen (18) months following a Change of Control (X)(iX) (i) Executive terminates his or her employment with the Company (or any parent or subsidiary of the Company) for Good Reason or (ii) the Company (or any parent or subsidiary of the Company) terminates Executive’s employment for other than Cause, and (Y) subject to Section 9(b) providing that Executive signs and does not revoke a standard release of claims with the Company in a form reasonably acceptable to the Company, and then, then subject to Section 9(c) and Section 9(h), Executive shall receive the following severance from the Company:

Appears in 1 contract

Samples: Executive Employment Agreement (NeurogesX Inc)

Involuntary Termination Following a Change of Control. If within eighteen (18) months following a Change of Control (X)(i) Executive terminates his or her employment with the Company (or any parent or subsidiary of the Company) for Good Reason or (ii) the Company (or any parent or subsidiary of the Company) terminates Executive’s employment for other than Cause, and (Y) subject to Section 9(b) providing that Executive signs and does not revoke a standard release of claims with the Company in a form reasonably acceptable to the Company, and then, then subject to Section 9(c) and Section 9(h), ) Executive shall receive the following severance from the Company:

Appears in 1 contract

Samples: Executive Employment Agreement (NeurogesX Inc)

Involuntary Termination Following a Change of Control. If within eighteen (18) months following a Change of Control (X)(i) Executive terminates his or her employment with the Company (or any parent or subsidiary of the Company) for Good Reason or (ii) the Company (or any parent or subsidiary of the Company) terminates Executive’s employment for other than Cause, and (Y) subject to Section 9(b) providing that Executive signs and does not revoke a standard release of claims with the Company in a form reasonably acceptable to the Company, and then, subject to Section 9(c) and Section 9(h), ) Executive shall receive the following severance from the Company:

Appears in 1 contract

Samples: Executive Employment Agreement (NeurogesX Inc)

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