Common use of Termination Following a Change in Control Clause in Contracts

Termination Following a Change in Control. In the event the Executive’s employment is terminated pursuant to Section 4.7 by the Company or by the Executive within 24 months following the Change in Control Date as defined in the ERA, the Executive will be entitled to the benefits set forth in the ERA in accordance with the terms of the ERA.

Appears in 10 contracts

Sources: Employment Agreement (Sepracor Inc /De/), Employment Agreement (Sepracor Inc /De/), Employment Agreement (Sepracor Inc /De/)

Termination Following a Change in Control. In the event the If Executive’s employment is terminated pursuant to Section 4.7 by within the Company or by the Executive within 24 months twelve (12) month period following the a Change in Control Date as defined in by the ERACompany, then the Executive will shall be entitled to receive the payments and benefits set forth in Section 4(c) above, and (i) Any options or restricted stock previously awarded to Executive shall vest and be immediately exercisable by the ERA in accordance with the terms of the ERAExecutive.

Appears in 10 contracts

Sources: Employment Agreement (Kindred Biosciences, Inc.), Employment Agreement (Kindred Biosciences, Inc.), Employment Agreement (Kindred Biosciences, Inc.)

Termination Following a Change in Control. In the event the Executive’s employment is terminated pursuant to Section 4.7 4.8 by the Company or by the Executive within 24 months following the Change in Control Date Date, as defined in the ERA, the Executive will be entitled to the benefits set forth in the ERA in accordance with the terms of the ERA.

Appears in 3 contracts

Sources: Employment Agreement (Sepracor Inc /De/), Employment Agreement (Sepracor Inc /De/), Employment Agreement (Sepracor Inc /De/)

Termination Following a Change in Control. In the event the Executive’s 's employment is terminated pursuant to Section 4.7 by the Company or by the Executive within 24 months following the Change in Control Date as defined in the ERA, the Executive will be entitled to the benefits set forth in the ERA in accordance with the terms of the ERA.

Appears in 2 contracts

Sources: Employment Agreement (Sepracor Inc /De/), Employment Agreement (Sepracor Inc /De/)