Termination Following Change in Control definition

Termination Following Change in Control. As further described in the Plan, if a Replacement Award is provided following a Change in Control, but within 24 months of such Change in Control the Participant’s employment is terminated without Cause (as defined in the Arconic Inc. Change in Control Severance Plan) or by the Participant for Good Reason (as defined in the Arconic Inc. Change in Control Severance Plan), the Replacement Award will vest and will be paid to the Participant on the original stated vested date set forth in paragraph 2.

Termination Following Change in Control. If the Company or any successor terminates this Agreement at any time during the Employment Period following a Change in Control of the Company: (i) Executive shall be entitled to an amount equal to the Salary which would otherwise be payable over the remaining term of this Agreement, payable in a lump sum within thirty (30) days after the date of such termination of employment; and (ii) any outstanding Awards (including substituted shares of the acquiring or surviving Company in the case of a merger or acquisition) held by Executive or other benefits under any Company plan or program, which have not vested in accordance with their terms will become fully vested and exercisable at the time of such termination. Notwithstanding any other provision of this Agreement to the contrary, no amount that constitutes deferred compensation within the meaning of Section 409A shall be paid to Executive on account of a Change in Control, an Ownership Change Event or a Transaction unless such event constitutes a change in the ownership of the Company or a change in the ownership of a substantial portion of the assets of the Company within the meaning of Section 409A.”

Examples of Termination Following Change in Control in a sentence

• Termination Following Change in Control A Change of Control means the occurrence of any of the following events: a.

• Potential Severance Payments and Benefits Upon Involuntary Termination Following Change in Control The following table reflects the potential payments and benefits to which the NEOs would be entitled under their employment agreements in the event of an involuntary termination (i.e., termination without cause or resignation for good reason) taking place within the three months prior to or the 12 months following a change in control of Parent.

• Dev., Leadınc our Natıon to Healthıer Homes: The Healthy Homes Stratecıc Plan (2009),https://www.ncbi.nlm.nih.gov/books/NBK44192/?report=reader.

• Decommissioning and demolition works will be undertaken between the hours of 0800 and 1900; therefore, there will be no night-time operations associated with the Project.

• The Pro-Rated Bonus will not include any amount for a bonus plan, if any, that is based on individual performance criteria or financial performance criteria other than the Company’s overall financial performance.(e) Termination Following Change in Control.