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

Termination of Employment Following Change in Control. The Executive shall be entitled to the benefits provided in Section 5 hereof upon the termination of his employment during the term of this Agreement, as the same may be extended, after a Change in Control has occurred, unless such termination is: (a) due to the Executive's death or Retirement, (b) by the Company for Cause or Disability, or (c) by the Executive other than for Good Reason (as such foregoing capitalized terms are hereinafter defined).

Appears in 9 contracts

Samples: Termination Agreement (Selective Insurance Group Inc), Termination Agreement (Selective Insurance Group Inc), Termination Agreement (Selective Insurance Group Inc)

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Termination of Employment Following Change in Control. The If any of the events defined in Section 4.1. to constitute a change in control of the Company shall have occurred, Executive shall be entitled to the benefits provided in Section 5 4.3. hereof upon the subsequent termination of his Executive's employment during the term of this Agreement, as the same may be extended, after a Change in Control has occurred, unless such termination is: is (a) due to the because of Executive's death or Retirement, (b) by the Company for Cause or Disability, or (c) by the Executive other than for Good Reason (as such foregoing capitalized terms are hereinafter defined)Reason.

Appears in 1 contract

Samples: Executive Employment Agreement (Synaptic Pharmaceutical Corp)

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