Operation of Agreement. This Agreement shall be effective immediately upon its execution by the parties hereto, but anything in this Agreement to the contrary notwithstanding, neither this Agreement nor any provision hereof shall be operative unless, during the term of this Agreement, there has been a Change in Control of the Company, as defined in Section 3(c) below. Immediately upon such an occurrence, all of the provisions hereof shall become operative.
Appears in 14 contracts
Samples: Change in Control Agreement (Interface Inc), Change in Control Agreement (Interface Inc), Change in Control Agreement (Interface Inc)
Operation of Agreement. This Agreement shall be effective immediately upon its execution by the parties hereto, but anything in this Agreement to the contrary notwithstanding, neither this the Agreement nor any provision hereof shall be operative unless, during the term of this Agreement, there has been a Change in Control of the Company, as defined in Section 3(c) below. Immediately upon such an occurrenceCompany during the term of this Agreement, all of the provisions hereof shall become operativeoperative immediately.
Appears in 12 contracts
Samples: Change in Control Agreement (Community Bancshares Inc /De/), Change in Control Agreement (Community Bancshares Inc /De/), Change in Control Agreement (Community Bancshares Inc /De/)
Operation of Agreement. This Agreement shall be effective immediately upon its execution by the parties hereto, but anything in this Agreement to the contrary notwithstanding, neither this Agreement nor any provision hereof shall be operative unless, during the term of this Agreement, there has been a Change in Control of the Company, as defined in Section 3(c) Article III below. Immediately upon such an occurrence, all of the provisions hereof shall become operative.
Appears in 12 contracts
Samples: Agreement (Interface Inc), Agreement (Interface Inc), Agreement (Miller Industries Inc /Tn/)
Operation of Agreement. This Agreement shall be effective immediately upon its execution by the parties hereto, but anything hereto as of the date first above written. Anything in this Agreement to the contrary notwithstanding, neither this Agreement nor any provision hereof thereof shall be operative unless, during the term of this Agreement, unless and until there has been a "Change in Control" of the Company as defined in Section 5 below. Upon such a Change in Control of the Company, as defined in Section 3(c) below. Immediately upon such an occurrence, this Agreement and all of the provisions hereof shall become operativeoperative immediately.
Appears in 8 contracts
Samples: Executive Continuity Agreement (Maxxim Medical Inc), Executive Continuity Agreement (Maxxim Medical Inc), Executive Continuity Agreement (Maxxim Medical Inc)
Operation of Agreement. This Agreement shall be supersedes the Original Agreement and is effective immediately upon its execution by the parties hereto, but anything in this Agreement to the contrary notwithstanding, neither this Agreement nor any provision hereof shall be operative unless, during the term of this Agreement, there has been a Change in Control of the Company, as defined in Section 3(c) Article III below. Immediately upon such an occurrence, all of the provisions hereof shall become operative.
Appears in 3 contracts
Samples: Agreement (Miller Industries Inc /Tn/), Agreement (Miller Industries Inc /Tn/), Agreement (Miller Industries Inc /Tn/)
Operation of Agreement. This Agreement shall be effective immediately upon its execution by the parties hereto, but anything in this Agreement to the contrary notwithstanding, neither this Agreement nor any provision hereof shall be operative unless, during the term of this Agreement, there has been a Change in Control or Threatened Change in Control of the Company, as defined in Section 3(c) 3 below. Immediately upon such an occurrence, all of the provisions hereof shall become operative.
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