Termination After a Change in Control. In the event Executive’s employment with the Company is terminated without Cause, or Executive resigns for Good Reason, within twenty-four (24) months following a Change in Control (a “Change in Control Termination”), then Executive shall be eligible for severance benefits as set forth in Section 3.2 of Exhibit A, attached hereto. Executive may resign Executive’s employment for Good Reason so long as Executive tenders his resignation to the Company within sixty (60) days after the occurrence of the event which forms the basis for Executive’s termination for Good Reason.
Appears in 5 contracts
Samples: Executive Employee Agreement (Ista Pharmaceuticals Inc), Executive Employee Agreement (Ista Pharmaceuticals Inc), Executive Employment Agreement (Tenby Pharma Inc)
