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

Termination Related to a Change in Control. In the event Executive’s employment is terminated on account of (i) an involuntary termination by the Company for any reason other than Cause, death or Disability, or (ii) the Executive voluntarily terminates employment with the Company on account of a resignation for Good Reason, in either case that occurs at the same time as, or within the twelve (12) month period following, the consummation of a Change in Control or within the sixty (60) day period prior to the date of a Change in Control where the Change in Control was under consideration at the time of Executive’s termination of employment (the “Change of Control Period”), then Executive shall be entitled to receive the severance benefits and payments described in Section 14 below.