Common use of Termination Change of Control Clause in Contracts

Termination Change of Control. If, within 60 days of the occurrence of a Change of Control, the Contractor resigns from the Company or the Company terminates this Agreement for any reason other than for Cause, the Company must pay the Termination Fee to the Contractor.

Appears in 2 contracts

Samples: Independent Contractor Agreement (Argentex Mining Corp), Independent Contractor Agreement (Argentex Mining Corp)

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Termination Change of Control. If, within 60 days of the occurrence of a Change of Control, the Contractor resigns from the Company or the Company terminates this Agreement for any reason other than for Cause, the Company must pay an amount equal to 200% of the Termination Fee to the Contractor.

Appears in 2 contracts

Samples: Independent Contractor Agreement (Argentex Mining Corp), Independent Contractor Agreement (Argentex Mining Corp)

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