Common use of Termination as a Result of Change of Control Clause in Contracts

Termination as a Result of Change of Control. If Executive is terminated or resigns within 12 months of a Change of Control, the Executive will be entitled to the Accrued Benefits, the Severance Amount, the COBRA Payments and any and all rights Executive may have as a holder of equity interests in Chanticleer.

Appears in 3 contracts

Sources: Employment Agreement, Employment Agreement (Amergent Hospitality Group, Inc), Employment Agreement (Chanticleer Holdings, Inc.)