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

Termination of Employment Following a Change in Control. (a) If this Agreement shall be terminated within two years after a Change in Control which occurs during the term of this Agreement, provided such termination is by the Executive for Good Reason or by the Company Without Cause (which includes delivery by the Company of a notice of nonrenewal of this Agreement pursuant to Section 3 hereof), in lieu of any obligation the Company may have pursuant to Section 6.3 hereof:

Appears in 10 contracts

Samples: Termination Agreement (Encysive Pharmaceuticals Inc), Termination Agreement (Encysive Pharmaceuticals Inc), Termination Agreement (Encysive Pharmaceuticals Inc)

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Termination of Employment Following a Change in Control. (a) If this Agreement shall be terminated for any reason (other than by the Company for Cause) within two years sixty days after a Change in Control which occurs during the term of this Agreement, provided such termination is by the Executive for Good Reason or by the Company Without Cause (which includes delivery by the Company of a notice of nonrenewal of this Agreement pursuant to Section 3 hereof), in lieu of any other obligation the Company may have pursuant to Section 6.3 6 hereof:

Appears in 1 contract

Samples: Employment Agreement (Synthesis Energy Systems Inc)

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Termination of Employment Following a Change in Control. (a) If this Agreement shall be terminated within two years after a Change in Control which occurs during the term of this Agreement, provided such termination is by for any reason other than Cause, Disability, death or the Executive for Good Reason or by the Company Without Cause (which includes delivery by the Company of a notice of nonrenewal of this Agreement pursuant to Section 3 hereof)retiring at age 65, in lieu of any obligation the Company may have pursuant to Section 6.3 hereof:

Appears in 1 contract

Samples: Termination Agreement (Texas Biotechnology Corp /De/)

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