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

Termination of Employment Following Change of Control. If any of the events described in Section 1 hereof constituting a Change of Control shall have occurred, you shall be entitled to the benefits provided in Section 5 hereof upon the actual termination by the Company without Cause or “Constructive Termination” of your employment that is a “separation from service” (within the meaning of Code Section 409A(a)(2)(A)(i)) within two years after such Change of Control (a “Change of Control Termination”), unless such termination is by the Company for Cause.

Appears in 3 contracts

Samples: Management Continuity Agreement, Management Continuity Agreement (Advanced Micro Devices Inc), Management Continuity Agreement (Advanced Micro Devices Inc)

AutoNDA by SimpleDocs

Termination of Employment Following Change of Control. If any of the events described in Section 1 hereof constituting Board has determined that a Change of Control shall have occurred, you shall be entitled to the benefits provided in Section 5 hereof upon the actual termination by the Company without Cause or “Constructive Termination” of your employment that is a “separation from service” (within the meaning of Code Section 409A(a)(2)(A)(i)) of the Code) within two years after such Change of Control (a “Change of Control Termination”), unless such termination is by the Company for Cause.

Appears in 2 contracts

Samples: Control Agreement (Advanced Micro Devices Inc), Control Agreement (Advanced Micro Devices Inc)

Termination of Employment Following Change of Control. If any of the events described in Section 1 hereof constituting a Change of Control shall have occurred, you shall be entitled to the benefits provided in Section 5 hereof upon the actual termination by the Company without Cause or “Constructive Termination” of your employment that is a “separation from service” (within the meaning of Code Section 409A(a)(2)(A)(i)) within two years after such Change of Control (a “Change of Control Termination”)Control, unless such termination is by the Company for Cause.

Appears in 2 contracts

Samples: Management Agreement (Advanced Micro Devices Inc), Management Continuity Agreement (Advanced Micro Devices Inc)

AutoNDA by SimpleDocs

Termination of Employment Following Change of Control. If any of the events described in Section 1 hereof constituting a Change of Control shall have occurred, you shall be entitled to the benefits provided in Section 5 hereof upon the actual termination by the Company without Cause or “Constructive Termination” of your employment that is a “separation from service” (within by you or the meaning of Code Section 409A(a)(2)(A)(i)) within two years Company after such Change of Control (a “Change of Control Termination”), unless such termination is by the Company for CauseControl.

Appears in 1 contract

Samples: Continuity Agreement (Advanced Micro Devices Inc)

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