Common use of Severance Benefits upon Involuntary Termination Prior to Change in Control or After the CIC Protection Period Expires Clause in Contracts

Severance Benefits upon Involuntary Termination Prior to Change in Control or After the CIC Protection Period Expires. In the event of the Involuntary Termination of the Executive’s employment prior to a Change in Control or after the expiration of the CIC Protection Period (as defined in Section 6), subject to Section 19.9, the Company shall, following receipt of the Release required in Section 13 that has not been revoked, pay to the Executive the following “Pre-Change in Control Severance Payment” in the following amounts and manner:

Appears in 11 contracts

Samples: Separation Pay Agreement (Wright Medical Group N.V.), Separation Pay Agreement (Wright Medical Group N.V.), Separation Pay Agreement (Wright Medical Group N.V.)

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Severance Benefits upon Involuntary Termination Prior to Change in Control or After the CIC Protection Period Expires. In the event of the Involuntary Termination of the Executive’s employment prior to a Change in Control or after the expiration of the CIC Protection Period (as defined in Section 6), subject to Section 19.9, the Company shall, following receipt of the Release Xxxxxx Medical Group, Inc. Separation Pay Agreement required in Section 13 that has not been revoked, pay to the Executive the following “Pre-Change in Control Severance Payment” in the following amounts and manner:

Appears in 1 contract

Samples: Separation Pay Agreement (Wright Medical Group N.V.)

Severance Benefits upon Involuntary Termination Prior to Change in Control or After the CIC Protection Period Expires. In the event of the Involuntary Termination of the Executive’s employment with the Company prior to a Change in Control or after the expiration of the CIC Protection Period (as defined in Section 613.4), subject to Section 19.924.9, the Company shall, following receipt of the Release required in Section 13 18 that has not been revoked, pay to the Executive the following “PreNon-Change in Control Severance Payment” in the following amounts and manner:

Appears in 1 contract

Samples: Employment Agreement (Wright Medical Group N.V.)

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Severance Benefits upon Involuntary Termination Prior to Change in Control or After the CIC Protection Period Expires. In the event of the Involuntary Termination of the Executive’s employment prior to a Change in Control or after the expiration of the CIC Protection Period (as defined in Section 613.4), subject to Section 19.9, the Company shall, following receipt upon the execution of the Release required in Section 13 that has not been revoked17.5, pay to the Executive the following “PreNon-Change in Control Severance Payment” Payment in the following amounts and manner:

Appears in 1 contract

Samples: Employment Agreement (Wright Medical Group Inc)

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