Common use of Termination Related to a Change in Control Clause in Contracts

Termination Related to a Change in Control. If a Change in Control occurs while this Agreement is in effect, and at any time during the nine month period beginning on the date of the first occurrence of such Change in Control either (i.) Executive’s employment is terminated by the Company for any reason other than Cause or the Executive’s Death or Disability, or (ii.) Executive terminates his or her employment for Good Reason, , the Company will pay Executive a Change in Control Severance Benefit as follows PROVIDED THAT Executive first fulfills the requirements of Section XVII:

Appears in 4 contracts

Samples: Employment Agreement (Gardenburger Inc), Employment Agreement (Gardenburger Inc), Employment Agreement (Gardenburger Inc)

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Termination Related to a Change in Control. If a Change in Control occurs while this Agreement is in effect, and at any time during the nine month period beginning on the date of the first occurrence of such Change in Control either (i.) Executive’s employment is terminated by the Company for any reason other than Cause or the Executive’s Death or Disability, or (ii.) Executive terminates his or her employment for Good Reason, , the Company will pay Executive a Change in Control Severance Benefit as follows PROVIDED THAT Executive first fulfills the requirements of Section XVII:

Appears in 1 contract

Samples: Employment Agreement (Gardenburger Inc)

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