Common use of Change in Control Severance Benefits Clause in Contracts

Change in Control Severance Benefits. If, at any time during the Potential Change in Control Protection Period or within the period ending twenty-four (24) calendar months after the occurrence of a Change in Control, the Executive’s employment is terminated involuntarily by the Company without Cause (as provided in Article 3.3) or by the Executive for Good Reason (as defined below), then, if the Executive timely signs a General Release and does not revoke or violate such General Release, the Company shall be obligated to pay to the Executive, in accordance with Article 3.4:

Appears in 9 contracts

Samples: Employment Agreement (Alion Science & Technology Corp), Employment Agreement (Alion Science & Technology Corp), Employment Agreement (Alion Science & Technology Corp)

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Change in Control Severance Benefits. If, at any time In the event that during the Potential Change in Control Protection Period or within the period ending twenty-four (24) calendar of 18 months after the occurrence of following a Change in Control, the Executive’s employment is involuntarily terminated involuntarily by the Company without Cause (as provided in Article 3.3) or by the Executive resigns for Good Reason (providing the notice and allowing the Company to cure as defined belowprovided in Section 6(b)(iii)) and the release set forth in Section 7(c) becomes irrevocable, in lieu of the payments and benefits set forth in Section 7(a), then, if the Executive timely signs a General Release and does not revoke or violate such General Release, the Company shall will be obligated to pay to the Executive, in accordance with Article 3.4entitled to:

Appears in 9 contracts

Samples: Employment Agreement (Vizio, Inc.), Employment Agreement (Vizio, Inc.), Employment Agreement (Vizio, Inc.)

Change in Control Severance Benefits. If, at (a) In the event that the Company (or any time during the Potential Change in Control Protection Period surviving or acquiring corporation) terminates Executive’s employment without Cause or Executive resigns for Good Reason on or within eighteen (18) months following the period ending twenty-four (24) calendar months after the occurrence effective date of a Change in Control, the Executive’s employment is terminated involuntarily by the Company without Cause Control (as provided “Change in Article 3.3) or by the Executive for Good Reason (as defined belowControl Termination”), thenExecutive will be entitled to the Accrued Obligations, if and upon executing and allowing to become effective the Executive timely signs a General Release and does not revoke or violate such General Release, Executive will be eligible to receive the Company shall be obligated to pay to the Executive, following Change in accordance with Article 3.4Control severance benefits:

Appears in 6 contracts

Samples: Employment Agreement (Entasis Therapeutics Holdings Inc.), Employment Agreement (Entasis Therapeutics Holdings Inc.), Employment Agreement (Entasis Therapeutics Holdings Inc.)

Change in Control Severance Benefits. IfSubject to the provisions of Section 7.3(c), at any time during the Potential Change if, in Control Protection Period anticipation of (as defined below) or within the a two (2) year period ending twenty-four (24) calendar months after following the occurrence of a Change in Control, the Company terminates the Executive’s 's employment is terminated involuntarily by the Company without Cause (as provided in Article 3.3) Cause, or by the Executive terminates his employment for Good Reason (as defined below)Reason, then, if then the Executive timely signs a General Release and does not revoke or violate such General Release, the Company shall be obligated to pay entitled to the Executive, following benefits (the "Change in accordance with Article 3.4:Control Severance Benefits"):

Appears in 4 contracts

Samples: Employment Agreement (Education Management Corporation), Employment Agreement (Education Management Corporation), Employment Agreement (Education Management Corporation)

Change in Control Severance Benefits. IfSubject to the provisions of Section 7.3(c), at any time during the Potential Change in Control Protection Period anticipation of (as defined below) or within the a two (2) year period ending twenty-four (24) calendar months after following the occurrence of a Change in Control, the Company terminates the Executive’s employment is terminated involuntarily by the Company without Cause (as provided in Article 3.3) Cause, or by the Executive terminates his employment for Good Reason (as defined below)Reason, then, if then the Executive timely signs a General Release and does not revoke or violate such General Release, the Company shall be obligated to pay entitled to the Executive, following benefits (the “Change in accordance with Article 3.4:Control Severance Benefits”):

Appears in 1 contract

Samples: Employment Agreement (AID Restaurant, Inc.)

Change in Control Severance Benefits. IfIf (1) Executive’s employment with the Company is terminated during the Term by the Company without Cause (and other than due to Executive’s death or Disability) or by Executive for Good Reason, and (2) such termination of employment occurs at any time during the Potential Change in Control Protection Period or within the period ending twenty-four commencing three (243) calendar months after before the occurrence of a Change in ControlControl Event and ending twelve (12) months after such Change in Control Event, then Executive shall be entitled to payment of the Accrued Obligations and, subject to Section 6(c), the Executive’s employment is terminated involuntarily by following severance benefits, such benefits to be paid at the Company without Cause (as times and in the manner provided in Article 3.3) or by the Executive for Good Reason (as defined below), then, if the Executive timely signs a General Release and does not revoke or violate such General Release, the Company shall be obligated to pay to the Executive, in accordance with Article 3.4:Section 6(d):

Appears in 1 contract

Samples: Employment Agreement (Pacific Sunwear of California Inc)

Change in Control Severance Benefits. IfSubject to the provisions of Section 7.3(c), at any time during the Potential Change if, in Control Protection Period anticipation of (as defined below) or within the a two (2) year period ending twenty-four (24) calendar months after following the occurrence of a Change in Control, the Company terminates the Executive’s employment is terminated involuntarily by the Company without Cause (as provided in Article 3.3) Cause, or by the Executive terminates his employment for Good Reason (as defined below)Reason, then, if then the Executive timely signs a General Release and does not revoke or violate such General Release, the Company shall be obligated to pay entitled to the Executive, following benefits (the “Change in accordance with Article 3.4:Control Severance Benefits”):

Appears in 1 contract

Samples: Employment Agreement (Education Management Corporation)

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Change in Control Severance Benefits. IfIf (1) Executive’s employment with the Company is terminated during the Term by the Company without Cause (and other than due to Executive’s death or Disability) or by Executive for Good Reason, and (2) such termination of employment occurs at any time during the Potential period commencing six (6) months before the occurrence of a Change in Control Protection Period or within the period Event and ending twenty-four (24) calendar months after the occurrence of a such Change in ControlControl Event, then Executive shall be entitled to payment of the Accrued Obligations and, subject to Section 6(c), the Executive’s employment is terminated involuntarily by following severance benefits, such benefits to be paid at the Company without Cause (as times and in the manner provided in Article 3.3) or by the Executive for Good Reason (as defined below), then, if the Executive timely signs a General Release and does not revoke or violate such General Release, the Company shall be obligated to pay to the Executive, in accordance with Article 3.4:Section 6(d):

Appears in 1 contract

Samples: Release Agreement (Pacific Sunwear of California Inc)

Change in Control Severance Benefits. If, at any time during the Potential Change in Control Protection Period or within the period ending twenty-four (24) calendar months after the occurrence of a Change in Control, the Executive’s employment is terminated involuntarily by the Company without Cause (as provided in Article 3.31.3) or by the Executive for Good Reason (as defined below), then, if the Executive timely signs a General Release and does not revoke or violate such General Release, the Company shall be obligated to pay to the Executive, in accordance with Article 3.41.4:

Appears in 1 contract

Samples: Change in Control Severance Agreement (Alion Science & Technology Corp)

Change in Control Severance Benefits. IfSubject to the provisions of Section 7.3(c), at any time during the Potential Change in Control Protection Period anticipation of (as defined below) or within the a two (2) year period ending twenty-four (24) calendar months after following the occurrence of a Change in Control, the Company terminates the Executive’s 's employment is terminated involuntarily by the Company without Cause (as provided in Article 3.3) Cause, or by the Executive terminates his employment for Good Reason (as defined below)Reason, then, if then the Executive timely signs a General Release and does not revoke or violate such General Release, the Company shall be obligated to pay entitled to the Executive, following benefits (the "Change in accordance with Article 3.4:Control Severance Benefits"):

Appears in 1 contract

Samples: Employment Agreement (Education Management Corporation)

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