Common use of Involuntary Termination in Connection with a Change in Control Clause in Contracts

Involuntary Termination in Connection with a Change in Control. If Employee’s Involuntary Termination occurs during the Change in Control Period, then in lieu of any other benefits provided under this Amendment, Employee shall be entitled to the Accrued Amounts and to the benefits set forth in this Section 1(b), subject to Employee’s compliance with the conditions described in Section 2 below.

Appears in 5 contracts

Samples: Employment Agreement (Mirati Therapeutics, Inc.), Letter Agreement (Mirati Therapeutics, Inc.), Letter Agreement (Mirati Therapeutics, Inc.)

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Involuntary Termination in Connection with a Change in Control. If Employee’s Employee is subject to an Involuntary Termination occurs during the Change in Control Period, then in lieu of any other benefits provided under this Amendment, Employee shall be entitled to the Accrued Amounts and to the benefits set forth in this Section 1(b(the “Change in Control Severance Benefits”), subject to Employee’s compliance with satisfaction of all the conditions described in Section 2 1.4 below.

Appears in 1 contract

Samples: Employment Agreement (Mirati Therapeutics, Inc.)

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