Termination Upon a Change in Control means (i) a termination by the Employee of the Employee’s employment with the Employer or Avocent within six (6) months following any “Change in Control” or (ii) any termination by the Employer or Avocent Corporation of the Employee’s employment with the Employer or Avocent(other than a Termination for Cause) within eighteen (18) months following any “Change in Control.”
Termination Upon a Change in Control means a termination of Officer’s employment with Corporation within 12 months following a “Change in Control” that constitutes a Termination Other Than For Cause described in Section 2.1(b).
Termination Upon a Change in Control means the occurrence of any of the following events:
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 8.2.4.4Vesting Upon Termination Upon a Change in Control.
More Definitions of Termination Upon a Change in Control
Termination Upon a Change in Control means a termination of the Employee without cause within 12 months following a Change in Control (as defined below) or a termination by the Employee for Good Reason within 12 months following a Change in Control.
Termination Upon a Change in Control means a termination by the Company (other than a Termination for Cause) or by Executive, in either case within one year following a “Change in Control” as hereinafter defined. “Change in Control” shall mean the date on which any of the following has occurred:
Termination Upon a Change in Control means a termination by Officer of Officer's employment with Corporation within 24 months following a "Change in Control."
Termination Upon a Change in Control means a termination by the Executive of the Executive's employment with the Corporation within 120 days following a "Change in Control."
Termination Upon a Change in Control means a termination by Employee of Employee's employment with Corporation within 120 days following a "Change in Control."
Termination Upon a Change in Control means (i) a termination by the Employee of the Employee's employment with the Employer or services to Avocent within six (6) months following any "Change in Control" other than any "Change in Control" contemplated by or described in the Reorganization Agreement and/or resulting from the closing of the transactions described in the Reorganization Agreement including, without limitation, the Cybex Merger, the Apex Merger, and the Merger (as such terms are defined in the Reorganization Agreement), or (ii) any termination by the Employer or Avocent Corporation of the Employee's employment by the Employer (other than a Termination for Cause) within eighteen (18) months following any "Change in Control" other than any "Change in Control" contemplated by or described in the Reorganization Agreement and/or resulting from the closing of the transactions described in the Reorganization Agreement including, without limitation, the Cybex Merger, the Apex Merger, and the Merger (as such terms are defined in the Reorganization Agreement).
Termination Upon a Change in Control means a termination by Corporation or any successor thereto of Officer's employment with the Corporation or such successor for any reason or a termination by the Officer for Good Reason (as defined below) of the Officer's employment with the Corporation or any successor thereto within one hundred eighty (180) days from the date on which any of the following occurs: (a) any "person" or "group" (within the meaning of Sections 13(d) and 14(d)(2) of the Securities Exchange Act of 1934 (the "1934 Act")), other than Xxxxx X. Xxxxxxxxx or a trustee or other fiduciary holding securities under an employee benefit plan of Corporation, is or becomes the "beneficial owner" (as defined in Rule 13d-3 under the 1934 Act), directly or indirectly, of more than thirty three percent (33%) of the then outstanding voting stock of Corporation; or (b) at any time during any period of three consecutive years (not including any period prior to the Effective Date), individuals who at the beginning of such period constitute the Board (and any new director whose election by the Board or whose nomination for election by Corporation's stockholders was approved by a vote of at least two-thirds of the directors then still in office who either were directors at the beginning of such period or whose election or nomination for election was previously so approved) cease for any reason to constitute a majority thereof; or (c) the stockholders of Corporation approve a merger or consolidation of Corporation with any other corporation, other than a merger or consolidation which would result in the voting securities of Corporation outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity) at least 80% of the combined voting power of the voting securities of Corporation or such surviving entity outstanding immediately after such merger or consolidation, or the stockholders approve a plan of complete liquidation of Corporation or an agreement for the sale or disposition by Corporation of all or substantially all of Corporation's assets.