Examples of Termination Upon a Change in Control in a sentence
Upon Termination Upon a Change in Control, Executive shall be entitled to (i) unpaid Base Compensation and vacation earned and accrued through Executive's date of termination plus a lump sum payment equal to six (6) months' of Executive's then current Base Compensation; (ii) any other performance bonus earned but not yet paid; (iii) reimbursement of expenses incurred but not yet reimbursed by Company; and (iv) immediate vesting of all granted, but unvested stock options.
Termination Upon a Change in Control shall be deemed to occur upon (1) the termination of Executive without Cause within 120 days prior to or 90 days after the event constituting the Change in Control or (2) the election of Executive, within 90 days of the event constituting the Change in Control, not to continue with the successor or surviving Corporation.
Notwithstanding any provision herein to the contrary, the restrictions and covenants of this Section 5 shall not apply in the event of a Termination Upon a Change in Control.
In the event of a Change in Control, the number of Units shall be treated as set forth in Section 188.8.131.52Vesting Upon Termination Upon a Change in Control.