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

Termination of Employment Following a Change of Control. (1) Executive shall be entitled to terminate Executive's employment hereunder pursuant to the provisions of this Section 6(f) if (i) within one year following a "Change of Control of UTi Worldwide" (as defined below), (a) Executive terminates his employment for Good Reason (as defined above), or (b) the Company terminates Executive's employment other than for Cause, death or disability, or (ii) after the one (1) year anniversary of a Change of Control of UTi Worldwide, Executive is still employed hereunder and Executive gives written notice to the Company of Executive's voluntary resignation within the thirty (30) day period commencing on the one (1) year anniversary of the Change of Control of UTi Worldwide.

Appears in 5 contracts

Samples: Employment Agreement (Uti Worldwide Inc), Employment Agreement (Uti Worldwide Inc), Employment Agreement (Uti Worldwide Inc)

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Termination of Employment Following a Change of Control. (1) Executive shall be entitled to terminate Executive's ’s employment hereunder pursuant to the provisions of this Section 6(f) if (i) within one year following a "Change of Control of UTi Worldwide" (as defined below), (a) Executive terminates his employment for Good Reason (as defined above), or (b) the Company terminates Executive's ’s employment other than for Cause, death or disability, or (ii) after the one (1) year anniversary of a Change of Control of UTi Worldwide, Executive is still employed hereunder and Executive gives written notice to the Company of Executive's ’s voluntary resignation within the thirty (30) day period commencing on the one (1) year anniversary of the Change of Control of UTi Worldwide.

Appears in 1 contract

Samples: Employment Agreement (UTi WORLDWIDE INC)

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