PRINCIPAL UNDERTAKING. 1.1 If (a) following a Potential Change in Control (provided a Change in Control occurs within eighteen months thereafter) or (b) within a one and one-half (1-1/2) year period after a Change in Control shall have occurred, Executive's employment shall have been terminated by the Company without "Cause" (paragraph 10.2) or by Executive in a "Termination for Good Reason" (Article 11), then Executive shall be paid by the Company subject to Article 6, the following "Special Severance Pay Benefits": - Current Salary and Other Compensation Benefits (Article 2); - Other Salary and Incentive Compensation Benefits (Article 3); - Pension Benefit Adjustment (Article 4) - Stock Option Adjustment (Article 5); and - Tax Adjustment (Article 6).
Appears in 4 contracts
Samples: Agreement (Edo Corp), Agreement (Edo Corp), Agreement (Edo Corp)
