Common use of Separation Benefits Upon Certain Events Following Change of Control Clause in Contracts

Separation Benefits Upon Certain Events Following Change of Control. If: (1) the Executive's employment is terminated (an "Involuntary Termination") by the surviving entity without Cause (as defined below); or (2) the Executive resigns under circumstances that constitute a Resignation for Good Reason (as defined below) within two (2) years following a Change of Control; Executive shall be entitled to the following separation benefits:

Appears in 6 contracts

Samples: Change of Control Agreement (Covad Communications Group Inc), Change of Control Agreement (Covad Communications Group Inc), Change of Control Agreement (Covad Communications Group Inc)

AutoNDA by SimpleDocs

Separation Benefits Upon Certain Events Following Change of Control. If: (1) the Executive's ’s employment is terminated (an "Involuntary Termination") by the surviving entity without Cause (as defined below) during the twenty-four (24) month period following a Change of Control (the “Protected Period”); or (2) the Executive resigns under circumstances that constitute a Resignation for Good Reason (as defined below) within two during the Protected Period; or (23) years following the Company or a Change successor company repudiates or breaches any material provision of Control; this Agreement, Executive shall be entitled to the following separation benefits:

Appears in 2 contracts

Samples: Change of Control Agreement (Covad Communications Group Inc), Change of Control Agreement (Covad Communications Group Inc)

Separation Benefits Upon Certain Events Following Change of Control. If: (1) the Executive's ’s employment is terminated (an "Involuntary Termination") by the surviving entity without Cause (as defined below); or (2) the Executive resigns under circumstances that constitute a Resignation for Good Reason (as defined below) within two (2) years following a Change of Control; Executive shall be entitled to the following separation benefits:

Appears in 2 contracts

Samples: Change of Control Agreement (Covad Communications Group Inc), Change of Control Agreement (Covad Communications Group Inc)

Separation Benefits Upon Certain Events Following Change of Control. If: (1) the Executive's employment is terminated (an "Involuntary Termination") by the surviving entity without Cause (as defined below); or (2) the Executive resigns under circumstances that constitute a Resignation for Good Reason (as defined below) within two one (21) years year following a Change of Control; Executive shall be entitled to the following separation benefits:

Appears in 1 contract

Samples: Change of Control Agreement (Covad Communications Group Inc)

AutoNDA by SimpleDocs

Separation Benefits Upon Certain Events Following Change of Control. If: (1) the Executive's employment is terminated (an "Involuntary Termination") by the surviving entity without Cause (as defined below); or (2) the Executive resigns under circumstances that constitute a Resignation for Good Reason (as defined below) within two (2) years following a Change of Control; or (3) the Executive voluntarily resigns during the period starting one year from the effective date of the Change in Control and ending thirty days thereafter; Executive shall be entitled to the following separation benefits:

Appears in 1 contract

Samples: Change of Control Agreement (Covad Communications Group Inc)

Separation Benefits Upon Certain Events Following Change of Control. If: (1) the Executive's Employee’s employment is terminated (an "Involuntary Termination") by the surviving entity without Cause (as defined below); or (2) the Executive Employee resigns under circumstances that constitute a Resignation for Good Reason (as defined below) within two one (21) years year following a Change of Control; Executive Employee shall be entitled to the following separation benefits:

Appears in 1 contract

Samples: Change of Control Agreement (Covad Communications Group Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.