COC Effective Date definition

COC Effective Date means the date upon which a Change of Control occurs.

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COC Effective Date means the first date on which a Change of Control occurs during the term of this Agreement; provided, however, if (i) a Change of Control occurs, (ii) the Employee's employment is terminated by the Company or the subsidiary of the Company that is the Employee's primary employer, as applicable, other than for Cause or the Employee terminates his employment for Good Reason, in either case prior to the date on which the Change of Control occurs, and (iii) it is reasonably demonstrated by the Employee that such termination of employment or such action by the Company or the subsidiary of the Company that is the Employee's primary employer, as applicable, triggering the Employee's right to terminate the Employee's employment for Good Reason (A) was at the request or direction of a third party who has taken steps reasonably calculated to effect the Change of Control, or (B) otherwise arose in connection with or in anticipation of the Change of Control, then for purposes of this Agreement "COC Effective Date" shall mean the date immediately prior to the date of such termination of employment by the Company or the subsidiary of the Company that is the Employee's primary employer, as applicable, or by the Employee for Good Reason.

COC Effective Date means the first date during the Change of Control Period on which a Change of Control occurs. Notwithstanding anything in the Plan to the

Examples of COC Effective Date in a sentence

In the event of any Change of Control, as defined on Schedule B, the Term of the Executive's Agreement shall be automatically extended for 24 months from the effective date (the "COC Effective Date") of any such Change of Control (the "Extended Term").
In the event of any Change of Control, as defined on Schedule B, the Term of this Agreement shall be automatically extended for 24 months from the effective date (the "COC Effective Date") of any such Change of Control (the "Extended Term").
In the event of any Change of Control, as defined on Schedule B, the Term of the Executive's Agreement shall be automatically extended for 24 months following the effective date (the "COC Effective Date") of any such Change of Control (the "Extended Term").
In the event of any Change of Control, the Term of this Agreement shall be automatically extended for twenty-four (24) months from the effective date (the "COC Effective Date") of any such Change of Control if such extended date is longer than the expiration of the Term without regard to such Change of Control (such twenty-four (24) month period following such Change of Control being referred as the "Extended Term").
For the avoidance of doubt (and for illustrative purposes), (1) if the COC Effective Date occurs in the third fiscal year of the Performance Period, Average ROCE shall be calculated based on the ROCE measure for each of the first and second fiscal years of the Performance Period and (2) if the COC Effective Date occurs in the second fiscal year of the Performance Period, Average ROCE shall be equal to the ROCE measure for the first fiscal year of the Performance Period.

More Definitions of COC Effective Date

COC Effective Date means the first date during the Change of Control Period on which a Change of Control occurs. Notwithstanding anything in the Plan to the contrary, if a Change of Control occurs and if the Covered Executive’s employment with the Employer is terminated prior to the date on which the Change of Control occurs, and if it is reasonably demonstrated by the Covered Executive that such termination of employment (i) was at the request of a third party that has taken steps reasonably calculated to effect a Change of Control, or (ii) otherwise arose in connection with or anticipation of a Change of Control, then “COC Effective Date” means the date immediately prior to the date of such termination of employment.