Control Termination means any termination by the Company (or its successor) of Executive's employment for any reason within six months in anticipation of or within two years following a Change in Control.
Control Termination as used herein shall mean (A) termination of this Agreement by the Company in anticipation of or not later than two years following a "change in control" of the Company (as defined below), or (B) termination of this Agreement by Executive following "change in control" of the Company (as defined below) upon the occurrence of any of the following events:
Control Termination as used herein shall mean (A) termination of this Agreement by the Company for any reason other than (w) expiration of the term of this Agreement, (x) death, (y) disability under Section 7, or (z) for “just cause”, all or any in anticipation of, or not later than two years following, a “Change in Control” of the Company (as defined below), or (B) termination of this Agreement by Executive following a “change in control” of the Company (as defined below) upon the occurrence of (i) any of the events specified in Section 10(c) constituting “good reason” or (ii) the giving of a notice of termination by Executive during a six (6) month period commencing six (6) months after a “Change in Control.”
Examples of Control Termination in a sentence
In addition, in the event of a Change of Control Termination, the vesting of these options will accelerate in accordance with the terms of the option and his or her employment agreement.
In addition, in the event of a Change of Control Termination, the vesting of these options will accelerate in accordance with the terms of the option and her employment agreement.
Potential Payments upon a Termination or a Change in Control Termination of Employment without a Change in Control.
Your Termination Payment Multiple shall be [Applicable Multiple] and your Change in Control Termination Payment Multiple shall be [Applicable Multiple].
Other than in connection with a Change in Control Termination, payment of a bonus is subject to Compensation Committee discretion.
More Definitions of Control Termination
Control Termination means: (i) a termination of this Agreement and Executive's employment by the Company or the Executive immediately prior to or concurrent with a Change of Control (as defined below) if Executive is not employed by the successor entity after such Change in Control; or (ii) resignation by the Executive within 90 days after a "Change of Control" of the Company upon the occurrence of any of the following events:
Control Termination means any termination by the Employer (or its successor) of Employee’s employment for any reason, or by Employee With Reason, within six months in anticipation of or within two years following a Change in Control.
Control Termination means any termination by the Employer (or its successor) of Employee's employment for any reason, or by Employee With Reason, within six months in anticipation of or within two years following a Change in Control. The term "Change in Control" shall mean the occurrence of any of the following:
Control Termination as used in this Agreement shall mean (i) termination of this Agreement by the Company in anticipation of or within five (5) years for any reason other than pursuant to Sections 9(a), 9(b), 9(c), 9(d) or 9(e) following a "change in control" of the Company (as defined above), or (ii) termination of this Agreement by Executive for good reason (as defined in Section 12(c)) within five (5) years following a "change in control" of the Company (as defined above).
Control Termination has the meaning set forth in Section 4.2(a)(ii).
Control Termination as used herein shall mean (A) termination of Executive's employment by the Company for any reason other than (x) death, (y) disability under Section 7, or (z) for "just cause," in anticipation of or not later than two years following a "Change in Control" of the Company (as defined below), or (B) termination of Executive's employment by Executive following a "Change in Control" of the Company (as defined below) upon the occurrence of any of the events specified in Section 10(c) constituting "good reason" not later than two years following a Change in Control.
Control Termination means a termination of Xxxxxxxx’x employment or this Agreement by the Company for any reason within 90 days prior to or following the consummation of a “change of control” of the Company. In the event of a Control Termination, Xxxxxxxx will be entitled to payment of Accrued Obligations, a pro-rata portion of the Annual Bonus, and a severance payment in the gross amount equal to one (1) year’s Base Salary to be paid in a lump sum within 30 days of the date of the Control Termination. In addition, any unvested Options granted under Section 4 of this Agreement or that may hereafter be granted to Xxxxxxxx shall immediately vest as of the Termination Date.