Common use of Termination in Connection with a Change in Control Clause in Contracts

Termination in Connection with a Change in Control. (i) If, in anticipation of or within the 24 month period following a Change in Control (as defined below), the Executive’s employment is terminated by the Company for any reason other than Cause or Disability or by the Executive for Good Reason, the Executive shall receive the payments and benefits described in subsection 5(a) and, in addition, all of the Executive’s outstanding equity-based awards shall become fully vested on the Date of Termination.

Appears in 6 contracts

Samples: Employment Agreement (Tower Group, Inc.), Employment Agreement (CastlePoint Holdings, Ltd.), Employment Agreement (Tower Group, Inc.)

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Termination in Connection with a Change in Control. (i) If, in anticipation of or within the 24 18 month period following a Change in Control (as defined below), the Executive’s 's employment is terminated by the Company for any reason other than Cause or Disability or by the Executive for Good Reason, the Executive shall receive the payments and benefits described in subsection 5(a) and4(a), in addition, all of the Executive’s outstanding equity-based awards shall become fully vested on the Date of Termination.except that

Appears in 4 contracts

Samples: Severance Agreement (Pma Capital Corp), Severance Agreement (Pma Capital Corp), Severance Agreement (Pma Capital Corp)

Termination in Connection with a Change in Control. (i) If, in anticipation of or within the 24 month period following a Change in Control (as defined below), the Executive’s employment is terminated by the Company for any reason other than Cause or Disability or by the Executive for Good Reason, the Executive shall receive the payments and benefits described in subsection 5(a) ), and, in addition, all of the Executive’s outstanding equity-based awards shall become fully vested on the Date of Termination.

Appears in 3 contracts

Samples: Employment Agreement (CastlePoint Holdings, Ltd.), Employment Agreement (CastlePoint Holdings, Ltd.), Employment Agreement (CastlePoint Holdings, Ltd.)

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Termination in Connection with a Change in Control. (i) If, in anticipation of or within the 24 month period following a Change in Control (as defined below), the Executive’s employment is terminated by the Company for any reason other than Cause or Disability or by the Executive for Good Reason, the Executive shall receive the payments and benefits described in subsection 5(a) and, in addition, all of the Executive’s outstanding equity-based awards shall become fully vested on the Date of Termination...

Appears in 1 contract

Samples: Employment Agreement (Tower Group, Inc.)

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