Definition of Post-CIC Period


Post-CIC Period shall mean the period beginning on the date of the first Change in Control after the Effective Date and ending on the twelve-month anniversary of such Change in Control.

Examples of Post-CIC Period in a sentence

If the Executive voluntarily terminates employment during the Post-CIC Period (excluding a termination for Good Reason), this Agreement shall terminate without further obligations to the Executive, other than for Accrued Obligations, Deferred Compensation and the timely payment or provision of Other Benefits.
The Company may terminate the Executive's employment during the Post-CIC Period with or without Cause.
If the Executive's employment is terminated by reason of the Executive's Retirement during the Post-CIC Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and Deferred Compensation, and the timely payment or provision of Other Benefits.
If the Executive's employment is terminated by reason of the Executive's death during the Post-CIC Period, this Agreement shall terminate without further obligations to the Executive's legal representatives, other than for payment of Accrued Obligations and Deferred Compensation, and the timely payment or provision of Other Benefits.
In the event that the Executive does not become entitled to the Severance, as determined by the trustee of the Rabbi Trust, the amount remaining in the Rabbi Trust shall be returned to the Company after the expiration of the Post-CIC Period.