Common use of Operative Event Clause in Contracts

Operative Event. Notwithstanding any provision herein to the contrary, no amounts shall be payable or benefits provided hereunder unless and until (i) there is a Change in Control at a time when the Executive is employed by the Company or (ii) the Executive is terminated by the Company before, but in connection with, a Change in Control.

Appears in 2 contracts

Sources: Change in Control Severance Agreement (THQ Inc), Change in Control Severance Agreement (THQ Inc)

Operative Event. Notwithstanding any provision herein to the contrary, no amounts shall be payable or benefits provided hereunder unless and until (i) there is a Change in Control at a time when the Executive is employed by the Company or (ii) the Executive is terminated by the Company before, but in connection with, a Change in Control.

Appears in 1 contract

Sources: Severance Agreement (THQ Inc)