Common use of Termination Upon a Change in Control Clause in Contracts

Termination Upon a Change in Control. In the event of a Termination Upon a Change in Control, the Executive shall immediately be paid all accrued salary, bonus compensation to the extent earned, vested deferred compensation (other than pension plan or profit sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Corporation in which the Executive is a participant to the full extent of the Executive's rights under such plans (including accelerated vesting, if any, of any awards granted to the Executive under the Equity Incentive Plan), accrued vacation pay and any appropriate business expenses incurred by the Executive in connection with his duties hereunder, all to the date of termination, and all Severance Compensation, but no other compensation or reimbursement of any kind.

Appears in 4 contracts

Samples: Employment Agreement (Java Detour Inc.), Employment Agreement (Java Detour Inc.), Employment Agreement (Java Detour Inc.)

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Termination Upon a Change in Control. In the event of a Termination Upon a Change in Control, the Executive shall immediately be paid all accrued salary, bonus compensation to the extent earned, vested deferred compensation (other than pension plan or profit sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Corporation in which the Executive is a participant to the full extent of the Executive's rights under such plans (including accelerated vesting, if any, of any awards granted to the Executive under the Equity Incentive Corporation's Stock Option Plan), accrued vacation pay and any appropriate business expenses incurred by the Executive in connection with his her duties hereunder, all to the date of termination, and all Severance Compensation, but no other compensation or reimbursement of any kind.

Appears in 4 contracts

Samples: Employment Agreement (Exhaust Technologies Inc), Employment Agreement (Exhaust Technologies Inc), Employment Agreement (Grease Monkey Holding Corp)

Termination Upon a Change in Control. In the event of a Termination Upon the effectiveness of a Change in Control, the Executive shall immediately be paid all accrued salary, bonus compensation to the extent earned, vested deferred compensation (other than pension plan or profit sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Corporation in which the Executive is a participant to the full extent of the Executive's rights under such plans (including accelerated vesting, if any, of any awards granted to the Executive under the Equity Incentive Corporation's Stock Option Plan), accrued vacation pay and any appropriate business expenses incurred by the Executive in connection with his duties hereunder, all to the date of termination, and all Severance Compensation, but no other severance compensation or reimbursement of any kindas provided in Paragraph 6.1.

Appears in 3 contracts

Samples: Executive Agreement (Tirex Corp), Employment Agreement (Tirex Corp), Executive Agreement (Tirex Corp)

Termination Upon a Change in Control. In the event of a Termination Upon a Change in Control, the Executive shall immediately be paid all accrued salary, bonus compensation to the extent earned, vested deferred compensation (other than pension plan or profit sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Corporation in which the Executive is a participant to the full extent of the Executive's rights under such plans (including accelerated vesting, if any, of any awards granted to the Executive under the Equity Incentive PlanPlan ), accrued vacation pay and any appropriate business expenses incurred by the Executive in connection with his duties hereunder, all to the date of termination, and all Severance Compensation, but no other compensation or reimbursement of any kind.

Appears in 2 contracts

Samples: Employment Agreement (Java Detour Inc.), Employment Agreement (Java Detour Inc.)

Termination Upon a Change in Control. In the event of a Termination Upon the effectiveness of a Change in Control, the Executive shall immediately be paid all accrued salary, bonus compensation to the extent earned, vested deferred compensation (other than pension plan or profit sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Corporation in which the Executive is a participant to the full extent of the Executive's rights under such plans (including accelerated vesting, if any, of any awards granted to the Executive under the Equity Incentive Corporation's Stock Option Plan), accrued vacation pay and any appropriate business expenses incurred by the Executive in connection with his duties hereunder, all to the date of termination, termination and all Severance Compensation, but no other severance compensation or reimbursement of any kindas provided in Paragraph 8.1.

Appears in 2 contracts

Samples: Employment Agreement (Tirex Corp), Employment Agreement (Tirex Corp)

Termination Upon a Change in Control. In the event of a Termination ---------------------------------------- Upon a Change in Control, the Executive shall immediately be paid all accrued salary, bonus compensation to the extent earned, vested deferred compensation (other than pension plan or profit sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Corporation in which the Executive is a participant to the full extent of the Executive's rights under such plans (including accelerated vesting, if any, of any awards granted to the Executive under the Equity Incentive Corporation's Stock Option Plan), accrued vacation pay and any appropriate business expenses incurred by the Executive in connection with his her duties hereunder, all to the date of termination, and all Severance Compensation, but no other compensation or reimbursement of any kind.

Appears in 1 contract

Samples: Employment Agreement (Donobi Inc)

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Termination Upon a Change in Control. In the event of a Termination Upon a Change in Control, the Executive shall immediately be paid all accrued salary, bonus compensation to the extent earned, vested deferred compensation (other than pension plan or profit sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Corporation in which the Executive is a participant to the full extent of the Executive's rights under such plans (including accelerated vesting, if any, of any awards granted to the Executive under the Equity Incentive Corporation's Stock Option Plan), accrued vacation pay and any appropriate business expenses incurred by the Executive in connection with his duties hereunder, all to from the date of termination, and all Severance Compensation, but no other compensation or reimbursement termination through the term of any kindthe contract.

Appears in 1 contract

Samples: Employment Agreement (Tatonka Energy Inc)

Termination Upon a Change in Control. In the event of a Termination Upon a Change in Control, the Executive shall immediately be paid all accrued salary, bonus compensation to the extent earned, vested deferred compensation (other than pension plan or profit sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Corporation in which the Executive is a participant to the full extent of the Executive's ’s rights under such plans (including accelerated vesting, if any, of any awards granted to the Executive under the Equity Incentive Corporation’s Stock Option Plan), accrued vacation pay and any appropriate business expenses incurred by the Executive in connection with his her duties hereunder, all to the date of termination, and all Severance Compensation, but no other compensation or reimbursement of any kind.

Appears in 1 contract

Samples: Employment Agreement (First American Scientific Corp.)

Termination Upon a Change in Control. In the event of a Termination ---------------------------------------- Upon a Change in Control, the Executive shall immediately be paid all accrued salary, bonus compensation to the extent earned, vested deferred compensation (other than pension plan or profit sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Corporation in which the Executive is a participant to the full extent of the Executive's rights under such plans (including accelerated vesting, if any, of any awards granted to the Executive under the Equity Incentive Corporation's Stock Option Plan), accrued vacation pay and any appropriate business expenses incurred by the Executive in connection with his duties hereunder, all to the date of termination, and all Severance Compensation, but no other compensation or reimbursement of any kind.

Appears in 1 contract

Samples: Employment Agreement (Donobi Inc)

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