CIC Date definition

CIC Date means the date on which a Change in Control occurs.
CIC Date means the date on which the relevant Change in Control shall have occurred.

Examples of CIC Date in a sentence

  • The Rabbi Trust shall expressly provide that after the CIC Date occurs, the Rabbi Trust may be amended or revoked only with the prior written consent of the Executive.

  • Section 1.409A-1(b)(5)(v)(D) and that preserves the aggregate intrinsic value in the Option immediately prior to the CIC Date (as defined below).

  • If the Executive is employed by the Company immediately prior to the first date during the Agreement Term on which a Change in Control occurs (the "CIC Date"), then the Executive's employment during the two-year period beginning on the CIC Date and ending on the second anniversary of such date (the "Post-CIC Period") shall be subject to all the terms and conditions of this Agreement, including, without limitation, the termination events described in Section 3 below.

  • If the Executive's employment is terminated for any reason before the CIC Date, the Executive shall have no further rights under this Agreement, except as provided in Section 5.

  • Any material reduction in the aggregate value of the Executive’s annual base salary, short-term cash bonus target amount, long-term incentive plan target amount, and Company-provided welfare benefits, all as in effect immediately prior to the CIC Date, , or any failure by the Company to pay any such amount to the Executive as earned by the Executive.


More Definitions of CIC Date

CIC Date means: (A) with respect to a transaction contemplated under clause (A)(I) of Section 6(a)(iii), the closing date of such consolidation or merger; (B) with respect to a transaction contemplated under clause A(II) of Section 6(a)(iii), the date on which such sale, lease, exchange or other transfer is completed (which shall be the completion date of the final transaction if a series of transactions is contemplated); (C) with respect to an acquisition contemplated under clause (B) of Section 6(a)(iii), the date of the closing of the tender offer or other acquisition pursuant to which the requisite beneficial ownership percentage is acquired by such Person or Persons; and (D) with respect to a change in Board composition contemplated under clause (C) of Section 6(a)(iii), the date of appointment of the director or group of directors that would cause the Incumbent Board to cease to constitute a majority for purposes of such clause (C).
CIC Date means the date on which the CIC Event is consummated. ​
CIC Date means the date on which a Change in Control occurs. The parties agree and acknowledge that the closing date of the SeaSpine Merger shall constitute a CiC Date under the terms of this Agreement, and that a CiC Period shall therefore exist between January 5, 2023 and January 4, 2025.
CIC Date means the date on which the Change in Control occurs.
CIC Date means the date of any Change in Control.
CIC Date means the consummation date of the merger transactions referred to in the Merger Agreement.
CIC Date means the first date on which a CIC of Company has -------- occurred.