Common use of Prior Termination Clause in Contracts

Prior Termination. Executive terminates employment or Kaydon (or the appropriate Subsidiary) terminates Executive’s employment for any reason or for no reason at all prior to the time a third person begins a tender or exchange offer, circulates a proxy to stockholders, or takes other steps to effect a Change in Control of Kaydon (unless Kaydon (or the appropriate Subsidiary) terminates Executive’s employment in anticipation of the Change in Control).

Appears in 15 contracts

Samples: Change in Control Compensation Agreement (Kaydon Corp), Change in Control Compensation Agreement (Kaydon Corp), Control Compensation Agreement (Kaydon Corp)

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Prior Termination. Executive terminates employment or Kaydon (or the appropriate Subsidiary) terminates Executive’s 's employment for any reason or for no reason at all prior to the time a third person begins a tender or exchange offer, circulates a proxy to stockholders, or takes other steps to effect a Change in Control of Kaydon (unless Kaydon (or the appropriate Subsidiary) terminates Executive’s 's employment in anticipation of the Change in Control).

Appears in 5 contracts

Samples: Control Compensation Agreement (Kaydon Corp), Compensation Agreement (Kaydon Corp), Control Compensation Agreement (Kaydon Corp)

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