Common use of Termination by Ultra: Change in Control Clause in Contracts

Termination by Ultra: Change in Control. (A) Ultra may terminate Executive’s employment following, upon, or in anticipation of a Change in Control; provided that if Ultra elects to do so, then Ultra shall provide written notice to Executive specifying that Ultra is terminating Executive’s employment following, upon, or in anticipation of a Change in Control, as applicable, and specifying the effective date of such termination, which may be immediate.

Appears in 5 contracts

Samples: Employment Agreement (Ultra Petroleum Corp), Employment Agreement (Ultra Petroleum Corp), Employment Agreement (Ultra Petroleum Corp)

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Termination by Ultra: Change in Control. (A) Ultra may terminate Executive’s 's employment following, upon, or in anticipation of a Change in Control; provided that if Ultra elects to do so, then Ultra shall provide written notice to Executive specifying that Ultra is terminating Executive’s 's employment following, upon, or in anticipation of a Change in Control, as applicable, and specifying the effective date of such termination, which may be immediate.

Appears in 1 contract

Samples: Employment Agreement (Ultra Petroleum Corp)

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