Termination Following a Change in Control means a voluntary termination by Employee within one year following Change in Control.
Termination Following a Change in Control means a termination of Officer's employment with Company following a "Change in Control" by Officer for Good Reason or by Company other than for Cause. A "Change in Control" shall be deemed to have occurred if:
Termination Following a Change in Control means a Separation from Service within two years after a Change in Control that is:
Examples of Termination Following a Change in Control in a sentence
If Employee has served as a Director of the Company at any time prior to the Termination Date, Employee shall be entitled to the benefits described in Section 2 hereof in the event of a Termination Following a Change in Control.
For purposes of the Agreement, "Termination Following a Change in Control" shall mean a termination of Officer's employment with Company following a "Change in Control" by Officer for Good Reason or by Company other than for Cause.
Severance Plan for Corporate Staff Employees (Involuntary Termination Following a Change in Control).
The amounts in the Qualifying Termination Following a Change in Control, Death, and Disability columns represent the value of all unvested options that would become fully vested and exercisable upon the applicable event occurring on June 30, 2019, based on the closing stock price of a share of our common stock of $49.44 per share.
Upon a Participant’s Termination Following a Change in Control (other than Directors) within two (2) years after a Change in Control, the Participant shall fully vest in his or her Account Balance (including the SERP Benefit and the Mid-Career Plan Benefit).
More Definitions of Termination Following a Change in Control
Termination Following a Change in Control means a termination of employment:
Termination Following a Change in Control. Change in Control" shall mean a sale or other transfer not in the ordinary course of business of all or substantially all of Criticare's assets or a transaction, or series of related transactions, the effect of which is to cause more than 50% of Criticare's issued and outstanding voting capital stock to be beneficially owned by one person or entity or a group of related or affiliated persons or entities. Notwithstanding any of the other provisions of this section 5, after 6 months following a Change in Control, if Employee's employment terminates for any reason, whether such termination is initiated by Employee or Criticare (and regardless of the existence or lack of Cause), Employee (or if Employee dies, his heirs or beneficiaries) will be entitled to receive and Criticare will pay and provide his then Base Salary and the fringe benefits described in sections 4(c)(i), (ii) and (iii), at the levels then in effect, for a period of one year after the date of such termination and the group insurance described in section 5(a) until he reaches age 65.
Termination Following a Change in Control means a termination of employment upon or within the five year period beginning immediately following a Change in Control either:
Termination Following a Change in Control means termination of Employee's employment, within twelve months following a Change in Control, other than pursuant to a Termination For Cause. Termination Following a Change in Control includes a termination by Employee during such twelve month period following (a) a reduction by more than 5% of Employee's base salary per month, exclusive of bonus, fringe benefits and other non-salary compensation, (the "Monthly Base Salary") or (b) a request by the Company that Employee relocate more than 50 miles away from the current location of the principal executive offices of the Company.
Termination Following a Change in Control shall have the meaning given to it in Section 7(d) of your Employment Agreement. In the event of your Termination prior to the Final Vesting Date due to any other reason, you will immediately stop vesting in this Award and this Award will terminate as to any and all shares in which you have not vested as of your Termination Date. Accordingly, if your Termination Date occurs before the First Vesting Date, this Award will terminate as to all of the shares and you will have no rights to any benefits under this Award. If your Termination Date occurs after the First Vesting Date, but before the Second Vesting Date, you will have vested in 255,000 of the shares, and this Award will terminate as to 170,000 of the shares. If your Termination Date occurs after the Second Vesting Date, but before the Final Vesting Date, you will have vested in 340,000 of the shares, and this Award will terminate as to 85,000 of the shares. Issuance of Shares under this Award: The Company will only issue you shares under this Award in which you have vested (“Vested Shares”) in accordance with the Vesting Schedule provisions set forth above. The Company will issue you Vested Shares of the Company’s Common Stock on the first business day of the fiscal year following the fiscal year in which you cease to be both Chief Executive Officer of the Company and a “covered employee”, as defined in Section 162(m)(3) of the Code; provided, however, that you may make a one-time election until a date determined by the Compensation and Organizational Development Committee to have the Company issue fifty-percent (50%) of the Vested Shares at an earlier date. This one-time election must be made in a form and at a time acceptable to the Company.
Termination Following a Change in Control shall have the meaning given to it in Section 7(d) of your Employment Agreement
Termination Following a Change in Control means your Involuntary Termination or Termination Without Cause within one (1) year following a Change in Control.