Definition of Pre-CIC Period


Pre-CIC Period means the portion of the Change in Control Period that occurs prior to the Change in Control.
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Examples of Pre-CIC Period in a sentence

Notwithstanding the foregoing, if Executives employment is terminated without Cause or Executive terminates his employment for Good Reason, following the occurrence of a Triggering Event or during the Pre-CIC Period (as defined in Section 4), to the extent not already vested, the Annual Grant Share Units will vest in full and be settled on the date of such termination.
Notwithstanding the foregoing, if Executives employment is terminated without Cause or Executive terminates his employment for Good Reason, in either case, following the occurrence of a Triggering Event or during the Pre-CIC Period, to the extent not already vested, the Contingency Share Units will vest in full and be settled on the date of such termination.
If Executives employment is terminated by Inland Management without Cause or if Executive resigns for Good Reason, and such termination is during the Pre-CIC Period or within the twenty-four- (24-) month period following a Change in Control, then, subject to Section 5 and Section 8, Executive will receive a lump sum payment equal to 2 times the sum of (i) Executives Base Salary and (ii) Executives Target Bonus for the year in which termination occurs.
Notwithstanding the foregoing, if Executives employment is terminated by the Company without Cause or if Executive resigns for Good Reason, in either case, following the occurrence of a Retail/Non-Core Triggering Event or during the Pre-CIC Period, to the extent not already vested, the Annual Grant Share Units will vest in full and be settled, net of tax withholding, on the date of such termination or resignation.
If Executives employment is terminated by the Company without Cause or if Executive resigns for Good Reason, and such termination is during the Pre-CIC Period or within the twenty-four- (24-) month period following a Change in Control the Retail/Non-Core Business, then, subject to Section 5 and Section 8, Executive will receive a lump sum payment equal to two (2) times the sum of (i) Executives Base Salary and (ii) Executives Target Bonus for the year in which termination occurs.