Common use of Termination of Employment; Change in Control Clause in Contracts

Termination of Employment; Change in Control. (a) For purposes of this Section 4, the terms Cause, Without Cause, Good Reason, Without Good Reason and Disability shall have the meanings ascribed to such terms in the Participant’s employment agreement with the Company, dated as of the date hereof, as amended or restated from time to time; provided, however, if the Participant is no longer employed pursuant to such employment agreement, each such term shall have the meaning ascribed to it in the employment agreement last in effect which contains such defined term.

Appears in 11 contracts

Samples: Restricted Stock Unit Agreement (Avatar Holdings Inc), Restricted Stock Unit Agreement (Avatar Holdings Inc), Restricted Stock Unit Agreement (Avatar Holdings Inc)

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Termination of Employment; Change in Control. (a) For purposes of this Section 4, the terms CauseRelease, Without Cause, Good Reason, Without Good Reason Term and Disability Cause shall have the meanings ascribed to such terms in the Participant’s employment agreement with the Company, dated as of the date hereof, as amended or restated from time to timeEmployment Agreement; provided, however, if the Participant is no longer employed pursuant to such employment agreementEmployment Agreement, each such term shall have the meaning ascribed to it in the employment agreement Employment Agreement last in effect which contains such defined term.

Appears in 4 contracts

Samples: Stock Award Agreement (Avatar Holdings Inc), Stock Award Agreement (Avatar Holdings Inc), Stock Award Agreement (Avatar Holdings Inc)

Termination of Employment; Change in Control. (a) For purposes of this Section 4, the terms CauseRelease, Without Cause, Good Reason, Without Good Reason and Disability shall have the meanings ascribed to such terms in the Participant’s employment agreement with the Company, dated as of the date hereof, as amended or restated from time to timeEmployment Agreement; provided, however, if the Participant is no longer employed pursuant to such employment agreementEmployment Agreement, each such term shall have the meaning ascribed to it in the employment agreement Employment Agreement last in effect which contains such defined term.

Appears in 2 contracts

Samples: Stock Award Agreement (Avatar Holdings Inc), Stock Award Agreement (Avatar Holdings Inc)

Termination of Employment; Change in Control. (ai) For purposes of this Section 4, the terms Cause, Without Cause, Good Reason, Without Good Reason and Total Disability shall have the meanings ascribed to such terms in the Participant’s employment agreement with the Company, dated as of the date hereof, as amended or restated from time to time; provided, however, if time (the Participant is no longer employed pursuant to such employment agreement, each such term shall have the meaning ascribed to it in the employment agreement last in effect which contains such defined term“Employment Agreement”).

Appears in 1 contract

Samples: Employment Agreement (Commerce Planet)

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Termination of Employment; Change in Control. (a) For purposes of this Section 43, the terms Cause, Without Cause, Good ReasonDisability, Without Good Reason Consulting Term, Consulting Arrangement and Disability Term of Employment shall have the meanings ascribed to such terms in the Participant’s employment agreement with the Company, dated as of the date hereof, as amended or restated from time to timeEmployment Agreement; provided, however, if the Participant is no longer employed pursuant to such employment agreementEmployment Agreement, each such term shall have the meaning ascribed to it in the employment agreement last in effect which contains such defined term.

Appears in 1 contract

Samples: Stock Award Agreement (Avatar Holdings Inc)

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