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

Termination of Employment Following a Change in Control. 5(a)(ii)(B) Any reduction in the Executive's base salary or targeted incentive bonus in effect immediately prior to the Change in Control, or failure by the Company to continue any bonus, stock or other incentive plans in effect immediately prior to the Change in Control (without the implementation of comparable successor plans that provide the same benefits), or any removal of the Executive from participation in such aforementioned plans;

Appears in 4 contracts

Samples: Comshare Inc, Comshare Inc, Comshare Inc

AutoNDA by SimpleDocs

Termination of Employment Following a Change in Control. 5(a)(ii)(B(a)(ii)(B) Any reduction in the Executive's base salary or targeted incentive bonus in effect immediately prior to the Change in Control, or failure by the Company to continue any bonus, stock or other incentive plans in effect immediately prior to the Change in Control (without the implementation of comparable successor plans that provide the same benefits), or any removal of the Executive from participation in such aforementioned plans;

Appears in 1 contract

Samples: Comshare Inc

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.