Termination After a Change in Control. If Employer terminates Employee's employment with Employer without Cause, or Employee terminates his or her employment with Employer for Good Reason (as defined below), following the effective date of a Change in Control, then Employer shall pay Employee severance pay in an amount equal to the base salary that would be payable to Employee over the Severance Period, which severance pay shall be paid during the Severance Period in equal installments as set forth in Section 2.3.1.
Appears in 4 contracts
Samples: Employment, Confidentiality and Non Solicitation Agreement (Elevate Credit, Inc.), Employment, Confidentiality and Non Solicitation Agreement (Elevate Credit, Inc.), Employment, Confidentiality and Non Solicitation Agreement (Elevate Credit, Inc.)
Termination After a Change in Control. If Employer terminates Employee's ’s employment with Employer without Cause, or Employee terminates his or her employment with Employer for Good Reason (as defined below), following the effective date of a Change in Control, then Employer shall pay Employee severance pay in an amount equal to the base salary that would be payable to Employee over the Severance Period, which severance pay shall be paid during the Severance Period in equal installments as set forth in Section 2.3.1.
Appears in 4 contracts
Samples: Employment, Confidentiality and Non Compete Agreement (Elevate Credit, Inc.), Employment, Confidentiality and Non Compete Agreement (Elevate Credit, Inc.), Employment, Confidentiality and Non Compete Agreement (Elevate Credit, Inc.)
