Common use of Change in Control Payment Clause in Contracts

Change in Control Payment. The provisions of this Paragraph 8 set forth certain terms of an agreement reached between Executive and the Company regarding Executive's rights and obligations upon the occurrence of a Change in Control of the Company. These provisions are intended to assure and encourage in advance Executive's continued attention and dedication to his assigned duties and his objectivity during the pendency and after the occurrence of any such event. These provisions shall apply in lieu of, and expressly supersede, the provisions of Subparagraph 7(d)(i) regarding severance pay upon a termination of employment, if such termination of employment occurs within eighteen (18) months after the occurrence of the first event constituting a Change of Control, provided that such first event occurs during the Period of Employment. These provisions shall terminate and be of no further force or effect beginning eighteen (18) months after the occurrence of a Change of Control.

Change in Control Payment. The provisions of this Paragraph 8 6 set forth certain terms of an agreement reached between Executive and the Company regarding Executive's rights and obligations upon the occurrence of a Change in Control of the Company. These provisions are intended to assure and encourage in advance Executive's continued attention and dedication to his assigned duties and his objectivity during the pendency and after the occurrence of any such event. These provisions shall apply in lieu of, and expressly supersede, the provisions of Subparagraph 7(d)(i5(d)(i) regarding severance pay upon a termination of employment, if such termination of employment occurs within eighteen twelve (1812) months after the occurrence of the first event constituting a Change of Control, provided that such first event occurs during the Period of Employment. These provisions shall terminate and be of no further force or effect beginning eighteen twelve (1812) months after the occurrence of a Change of Control.

Change in Control Payment. The provisions of this Paragraph 8 set forth certain terms of an agreement reached between Executive and the Company regarding Executive's ’s rights and obligations upon the occurrence of a Change in Control of the CompanyCompany during the Period of Employment. These provisions are intended to assure and encourage in advance Executive's ’s continued attention and dedication to his assigned duties and his objectivity during the pendency and after the occurrence of any such event. These provisions shall apply in lieu of, and expressly supersede, the provisions of Subparagraph 7(d)(i) regarding severance pay upon a termination of employment, if such termination of employment occurs within eighteen (18) months after the occurrence of the first event constituting a Change of Control, provided that . If such termination does not occur within eighteen (18) months after the occurrence of the first event occurs during constituting a Change of Control, the Period provisions of Employment. These provisions Subparagraph 8(a) shall terminate and be of no further force or effect beginning eighteen (18) months after the occurrence of a Change of Controleffect.

Change in Control Payment. The provisions of this Paragraph 8 Section 6 set forth certain terms of an agreement reached between the Executive and the Company regarding the Executive's ’s rights and obligations upon the occurrence of a Change in Control of the Company, as defined herein. These provisions are intended to assure and encourage in advance the Executive's ’s continued attention and dedication to his assigned duties and his objectivity during the pendency and after the occurrence of any such event. These provisions shall apply in lieu of, and expressly supersede, the provisions of Subparagraph 7(d)(iSection 5(b) regarding severance pay and benefits upon a termination of employment, if such termination of employment occurs within eighteen (18) 3 months prior to or 12 months after the occurrence of the first event constituting a Change of in Control, provided that such first event occurs during the Period of EmploymentTerm. These provisions shall terminate and be of no further force or effect beginning eighteen (18) 12 months after the occurrence of a Change in Control, in which case the provisions of ControlSection 5(b) shall once again become applicable.

Change in Control Payment. The provisions of this Paragraph 8 6 set forth certain terms of an agreement reached between Executive and the Company regarding Executive's ’s rights and obligations upon the occurrence of a Change in Control of the Company. These provisions are intended to assure and encourage in advance Executive's ’s continued attention and dedication to his assigned duties and his objectivity during the pendency and after the occurrence of any such event. These provisions shall apply in lieu of, and expressly supersede, the provisions of Subparagraph 7(d)(i5(d)(i) regarding severance pay upon a termination of employment, if such termination of employment occurs within eighteen twelve (1812) months after the occurrence of the first event constituting a Change of Control, provided that such first event occurs during the Period of Employment. These provisions shall terminate and be of no further force or effect beginning eighteen twelve (1812) months after the occurrence of a Change of Control.

Change in Control Payment. The provisions of this Paragraph 8 set forth certain terms of an agreement reached between Executive and the Company regarding Executive's ’s rights and obligations upon the occurrence of a Change in Control of the Company. These provisions are intended to assure and encourage in advance Executive's ’s continued attention and dedication to his assigned duties and his objectivity during the pendency and after the occurrence of any such event. These provisions shall apply in lieu of, and expressly supersede, the provisions of Subparagraph 7(d)(i) regarding severance pay upon a termination of employment, if such termination of employment occurs within eighteen (18) months after the occurrence of the first event constituting a Change of Control, ; provided that such first event occurs during the Period of Employment. These provisions shall terminate and be of no further force or effect beginning eighteen (18) months after the occurrence of a Change of Control.

Change in Control Payment. The provisions of this Paragraph 8 Section 5 set forth certain terms of an agreement reached between the Executive and the Company regarding the Executive's ’s rights and obligations upon the occurrence of a Change in Control (as defined below) of the Company. These provisions are intended to assure and encourage in advance the Executive's ’s continued attention and dedication to his assigned duties and his objectivity during the pendency and after the occurrence of any such event. These provisions shall apply in lieu of, and expressly supersede, the provisions of Subparagraph 7(d)(iSection 4(b) regarding severance pay and benefits upon a termination of employment, if such termination of employment occurs within eighteen the period beginning forty-five (1845) days prior to and ending twelve (12) months after the occurrence of the first event constituting a Change of in Control, provided that such first event occurs during the Period of Employment. These provisions shall terminate and be of no further force or effect beginning eighteen twelve (1812) months after the occurrence of a Change of in Control.

Change in Control Payment. The provisions of this Paragraph 8 set forth certain terms of an agreement reached between Executive and the Company regarding Executive's rights and obligations upon the occurrence of a Change in Control of the CompanyCompany during the Period of Employment. These provisions are intended to assure and encourage in advance Executive's continued attention and dedication to his assigned duties and his objectivity during the pendency and after the occurrence of any such event. These provisions shall apply in lieu of, and expressly supersede, the provisions of Subparagraph 7(d)(i) regarding severance pay upon a termination of employment, if such termination of employment occurs within eighteen (18) months after the occurrence of the first event constituting a Change of Control, provided that . If such termination does not occur within eighteen (18) months after the occurrence of the first event occurs during constituting a Change of Control, the Period provisions of Employment. These provisions Subparagraph 8(a) shall terminate and be of no further force or effect beginning eighteen (18) months after the occurrence of a Change of Controleffect.

Change in Control Payment. The provisions of this Paragraph 8 Section 5 set forth certain terms of an agreement reached between Executive the Employee and the Company regarding Executive's the Employee’s rights and obligations upon the occurrence of a Change in Control of the Company. These provisions are intended to assure and encourage in advance Executive's the Employee’s continued attention and dedication to his assigned duties and his objectivity during the pendency and after the occurrence of any such event. These provisions shall apply in lieu of, and expressly supersede, the provisions of Subparagraph 7(d)(iSection 4(b) regarding severance pay and benefits upon a termination of employment, if such termination of employment occurs within eighteen fifteen (1815) months after the occurrence of the first event constituting a Change of in Control, provided that such first event occurs during the Period of Employment. These provisions shall terminate and be of no further force or effect beginning eighteen fifteen (1815) months after the occurrence of a Change of in Control.

Change in Control Payment. The provisions of this Paragraph 8 9 set forth certain terms of an agreement reached between Executive and the Company regarding Executive's rights and obligations upon the occurrence of a Change in Control of the Company. These provisions are intended to assure and encourage in advance Executive's continued attention and dedication to his assigned duties and his objectivity during the pendency and after the occurrence of any such event. These provisions shall apply in lieu of, and expressly supersede, the provisions of Subparagraph 7(d)(i8(d)(i) regarding severance pay upon a termination of employment, if such termination of employment occurs within eighteen (18) months after the occurrence of the first event constituting a Change of in Control, ; provided that such first event occurs during the Period of Employment. These provisions shall terminate and be of no further force or effect beginning eighteen (18) months after the occurrence of a Change of Control.of

Change in Control Payment. The provisions of this Paragraph 8 Section 6 set forth certain terms of an agreement reached between the Executive and the Company regarding the Executive's rights and obligations upon the occurrence of a Change in Control of the Company, as defined herein. These provisions are intended to assure and encourage in advance the Executive's continued attention and dedication to his assigned duties and his objectivity during the pendency and after the occurrence of any such event. These provisions shall apply in lieu of, and expressly supersede, the provisions of Subparagraph 7(d)(iSection 5(b) regarding severance pay and benefits upon a termination of employment, if such termination of employment occurs within eighteen (18) 3 months prior to or 12 months after the occurrence of the first event constituting a Change of in Control, provided that such first event occurs during the Period of EmploymentTerm. These The provisions in this Section 6 shall terminate and be of no further force or effect beginning eighteen (18) 12 months after the occurrence of a Change in Control, in which case the provisions of ControlSection 5(b) shall once again become applicable.

Change in Control Payment. The provisions of this Paragraph 8 set forth certain terms of an agreement reached between Executive and the Company regarding Executive's ’s rights and obligations upon the occurrence of a Change in Control of the Company. These provisions are intended to assure and encourage in advance Executive's ’s continued attention and dedication to his assigned duties and his objectivity during the pendency and after the occurrence of any such event. These provisions shall apply in lieu of, and expressly supersede, the provisions of Subparagraph 7(d)(i) regarding severance pay upon a termination of employment, if such termination of employment occurs within eighteen twelve (1812) months after the occurrence of the first event constituting a Change of Control, ; provided that such first event occurs during the Period of Employment. These The provisions of Subparagraph 8(a) shall terminate and be of no further force or effect beginning eighteen twelve (1812) months after the occurrence of a Change of in Control.

Change in Control Payment. The provisions of this Paragraph 8 9 set forth certain terms of an agreement reached between Executive and the Company regarding Executive's rights and obligations upon the occurrence of a Change in Control of the Company. These provisions are intended to assure and encourage in advance Executive's continued attention and dedication to his assigned duties and his objectivity during the pendency and after the occurrence of any such event. These provisions shall apply in lieu of, and expressly supersede, the provisions of Subparagraph 7(d)(i8(d)(i) regarding severance pay upon a termination of employment, if such termination of employment occurs within eighteen (18) months after the occurrence of the first event constituting a Change of in Control, ; provided that such first event occurs during the Period of Employment. These provisions shall terminate and be of no further force or effect beginning eighteen (18) months after the occurrence of a Change of in Control.

Change in Control Payment. The provisions of this Paragraph 8 set forth certain terms of an agreement reached between Executive and the Company regarding Executive's rights and obligations upon the occurrence of a Change in Control of the Company. These provisions are intended to assure and encourage in advance Executive's continued attention and dedication to his assigned duties and his objectivity during the pendency and after the occurrence of any such event. These provisions shall apply in lieu of, and expressly supersede, the provisions of Subparagraph 7(d)(i) regarding severance pay upon a termination of employment, if such termination of employment occurs within eighteen twelve (1812) months after the occurrence of the first event constituting a Change of Control, provided that such first event occurs during the Period of Employment. These provisions shall terminate and be of no further force or effect beginning eighteen twelve (1812) months after the occurrence of a Change of Control.

Change in Control Payment. The provisions of this Paragraph 8 set forth certain terms of an agreement reached between Executive and the Company regarding Executive's rights and obligations upon the occurrence of a Change in Control of the Company. These provisions are intended to assure and encourage in advance Executive's continued attention and dedication to his assigned duties and his objectivity during the pendency and after the occurrence of any such event. These provisions shall apply in lieu of, and expressly supersede, the provisions of Subparagraph 7(d)(i) regarding severance pay upon a termination of employment, if such termination of employment occurs within eighteen (18) months after the occurrence of the first event constituting a Change of Control, ; provided that such first event occurs during the Period of Employment. These provisions shall terminate and be of no further force or effect beginning eighteen (18) months after the occurrence of a Change of Control.

Change in Control Payment. The provisions of this Paragraph 8 set forth certain terms of an agreement reached between Executive and the Company regarding Executive's rights and obligations upon the occurrence of a Change in Control of the Company. These provisions are intended to assure and encourage in advance Executive's continued attention and dedication to his assigned duties and his objectivity during the pendency and after the occurrence of any such event. These provisions shall apply in lieu of, and expressly supersede, the provisions of Subparagraph 7(d)(i7(d) regarding severance pay and benefits upon a termination of employment, if such termination of employment occurs within eighteen (18) months after the occurrence of the first event constituting a Change of Control, provided that such first event occurs during the Period of Employment. These provisions shall terminate and be of no further force or effect beginning eighteen (18) months after the occurrence of a Change of Control.

Change in Control Payment. The provisions of this Paragraph 8 set forth certain terms of an agreement reached between Executive and the Company regarding Executive's ’s rights and obligations upon the occurrence of a Change in Control of the Company. These provisions are intended to assure and encourage in advance Executive's ’s continued attention and dedication to his assigned duties and his objectivity during the pendency and after the occurrence of any such event. These provisions shall apply in lieu of, and expressly supersede, the provisions of Subparagraph 7(d)(i7(d) regarding severance pay and benefits upon a termination of employment, if such termination of employment occurs within eighteen (18) months after the occurrence of the first event constituting a Change of Control, provided that such first event occurs during the Period of Employment. These provisions shall terminate and be of no further force or effect beginning eighteen (18) months after the occurrence of a Change of Control.

Change in Control Payment. The provisions of this Paragraph 8 Section 6 set forth certain terms of an agreement reached between the Executive and the Company regarding the Executive's ’s rights and obligations upon in connection with the occurrence of a Change in Control of the Company, as defined herein. These provisions are intended to assure and encourage in advance the Executive's ’s continued attention and dedication to his her assigned duties and his her objectivity during the pendency and after the occurrence of any such event. These provisions shall apply in lieu of, and expressly supersede, the provisions of Subparagraph 7(d)(iSection 5(b) regarding severance pay and benefits upon a termination of employment, if such termination of employment occurs within eighteen (18) 3 months prior to or 12 months after the occurrence of the first event constituting a Change of in Control, provided that such first event occurs during the Period of EmploymentTerm. These provisions shall terminate and be of no further force or effect beginning eighteen (18) 12 months after the occurrence of a Change such first event, in which case the provisions of ControlSection 5(b) shall once again become applicable.