Common use of Termination of Employment Prior to a Change in Control Clause in Contracts

Termination of Employment Prior to a Change in Control. Prior to any Change in Control, the Employer may terminate the employment of the Employee for Cause pursuant to this Agreement. Prior to any Change in Control, the Employee may terminate his employment pursuant to this Agreement if the Employer fails to make full and timely payments of all sums provided for in Sections 5 and 6 hereof (subject to Section 7.2 hereof), or otherwise shall breach its covenants hereunder in any material respect.

Appears in 6 contracts

Samples: Employment Agreement (Schulman a Inc), Employment Agreement (Schulman a Inc), Employment Agreement (Schulman a Inc)

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Termination of Employment Prior to a Change in Control. Prior to any Change in Control, the Employer Company may terminate the employment of the Employee for Cause pursuant to this Agreement. Prior to any Change in Control, the Employee may terminate his employment pursuant to this Agreement if the Employer fails to make full and timely payments of all sums provided for in Sections 5 and 6 hereof (subject to Section 7.2 hereof), or otherwise shall breach its covenants hereunder in any material respect.

Appears in 3 contracts

Samples: Employment Agreement (Schulman a Inc), Employment Agreement (Schulman a Inc), Employment Agreement (Schulman a Inc)

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