Common use of Termination Following a Change of Control Clause in Contracts

Termination Following a Change of Control. If the Employee’s employment with the Company terminates as a result of an Involuntary Termination at any time within eighteen (18) months after a Change of Control, and the Employee signs and does not revoke the release of claims pursuant to Section 7 hereto, Employee shall be entitled to the following severance benefits:

Appears in 4 contracts

Samples: Change of Control Severance Agreement (Threshold Pharmaceuticals Inc), Change of Control Severance Agreement (Threshold Pharmaceuticals Inc), Change of Control Severance Agreement (Threshold Pharmaceuticals Inc)

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Termination Following a Change of Control. If the Employee’s employment with the Company terminates as a result of an Involuntary Termination at any time within eighteen three (183) months after prior to, or twelve (12) months after, a Change of Control, and the Employee signs and does not revoke the release of claims pursuant to Section 7 hereto, Employee shall be entitled to the following severance benefitsbenefits provided that Employee enters into and does not revoke a general release of claims with the Company in substantially the form attached hereto as Exhibit A:

Appears in 4 contracts

Samples: Change of Control Severance Agreement (Quicklogic Corporation), Change of Control Severance Agreement (Quicklogic Corporation), Change of Control Severance Agreement (Quicklogic Corporation)

Termination Following a Change of Control. If the Employee’s employment with the Company terminates as a result of an Involuntary Termination at any time within eighteen twenty-four (1824) months after a Change of Control, then, subject to Employee executing and the Employee signs and does not revoke the revoking a release of claims pursuant to Section 7 heretoin the form provided by the Company, Employee shall be entitled to the following severance benefits:

Appears in 3 contracts

Samples: Change of Control Severance Agreement (Ista Pharmaceuticals Inc), Change of Control Severance Agreement (Ista Pharmaceuticals Inc), Change of Control Severance Agreement (Ista Pharmaceuticals Inc)

Termination Following a Change of Control. If the Employee’s employment with the Company terminates as a result of an Involuntary Termination at any time within eighteen three months prior to or within twelve (1812) months after a Change of Control, and the Employee signs and does not revoke the release of claims pursuant to Section 7 hereto, then Employee shall be entitled to receive the following severance benefits:

Appears in 3 contracts

Samples: Change of Control Severance Agreement (Pinnacle Systems Inc), Change of Control Severance Agreement (Pinnacle Systems Inc), Change of Control Severance Agreement (Pinnacle Systems Inc)

Termination Following a Change of Control. If the Employee’s employment with the Company terminates as a result of an Involuntary Termination at any time within eighteen three (183) months after prior to, or twelve (12) months after, a Change of Control, and the Employee signs and does not revoke the release of claims pursuant to Section 7 hereto, Employee shall be entitled to the following severance benefitsbenefits provided that Employee enters into and does not revoke a general release of claims with the Company in substantially the form attached hereto as Exhibit A within two and one-half months from the date of such termination of employment:

Appears in 2 contracts

Samples: Change of Control Severance Agreement (Quicklogic Corporation), Change of Control Severance Agreement (Quicklogic Corporation)

Termination Following a Change of Control. If the Employee’s employment with the Company terminates as a result of an Involuntary Termination is terminated by the Company for reasons other than Cause, or by Employee for Good Reason, at any time within eighteen six (186) months after after, a Change of Control, and the Employee signs and does not revoke the release of claims pursuant to Section 7 hereto, Employee shall be entitled to the following severance benefitsbenefits provided that Employee enters into and does not revoke a general release of claims with the Company in substantially the form attached hereto as Exhibit A:

Appears in 2 contracts

Samples: Change of Control Severance Agreement (Therma Wave Inc), Change of Control Severance Agreement (Therma Wave Inc)

Termination Following a Change of Control. If the Employee’s employment with the Company terminates as a result of an Involuntary Termination at any time within eighteen beginning twenty (1820) days before and ending twelve (12) months after a Change of Control, then, subject to Employee executing and the Employee signs and does not revoke the revoking a standard form of mutual release of claims pursuant to Section 7 heretowith the Company, Employee shall be entitled to the following severance benefits:

Appears in 2 contracts

Samples: Management Continuity Agreement (Sonic Innovations Inc), Management Continuity Agreement (Sonic Innovations Inc)

Termination Following a Change of Control. If the Employee’s employment with the Company terminates as a result of an Involuntary Termination at any time within eighteen (18) months after a Change of Control, and the Employee signs and does not revoke the release of claims pursuant to Section 7 hereto, then subject to Section 4(d), Employee shall be entitled to the following severance benefits:

Appears in 2 contracts

Samples: Change of Control Severance Agreement (Threshold Pharmaceuticals Inc), Change of Control Severance Agreement (Threshold Pharmaceuticals Inc)

Termination Following a Change of Control. If the Employee’s employment with the Company terminates as a result of an Involuntary Termination at any time within eighteen twelve (1812) months after a Change of Control, and then the Employee signs and does not revoke the release of claims pursuant to Section 7 hereto, Employee shall be entitled to the following receive severance benefitsbenefits as follows:

Appears in 1 contract

Samples: Magma Design Automation Employment and Severence Agreement (Magma Design Automation Inc)

Termination Following a Change of Control. If the Employee’s employment with the Company terminates as a result of an Involuntary Termination at any time within eighteen twelve (1812) months after a Change of Control, and or prior to a Change of Control where Employee’s employment with the Employee signs and does not revoke the release Company is terminated as a result of claims pursuant to Section 7 heretoan Involuntary Termination done in contemplation of a Change in Control, Employee shall be entitled to the following severance benefits:

Appears in 1 contract

Samples: Change of Control Severance Agreement (Utstarcom Inc)

Termination Following a Change of Control. If the Employee’s 's employment with the Company terminates as a result of an Involuntary Termination at any time within eighteen twelve (1812) months after a Change of Control, Control and the Employee signs and does not revoke the a release of claims pursuant with the Company (in a form reasonably acceptable to Section 7 heretothe Company), Employee shall be entitled to the following severance benefits:

Appears in 1 contract

Samples: Change of Control Severance Agreement (Aehr Test Systems)

Termination Following a Change of Control. If the Employee’s employment with the Company terminates as a result of an Involuntary Termination at any time within eighteen (18) 18 months after a Change of Control, and the Employee signs and does not revoke the release of claims pursuant to Section 7 hereto, Employee shall be entitled to the following severance benefits:

Appears in 1 contract

Samples: Change of Control Severance Agreement (Nextest Systems Corp)

Termination Following a Change of Control. If the Employee’s employment with the Company terminates as a result of an Involuntary Termination or termination without Cause at any time within eighteen (18) months after a Change of Control, and the Employee signs and does not revoke the a general release of claims pursuant to Section 7 heretoagainst the Company, Employee shall be entitled to the following severance benefits:

Appears in 1 contract

Samples: Employment Agreement (Acelrx Pharmaceuticals Inc)

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Termination Following a Change of Control. If the Employee’s 's employment with the Company terminates as a result of an Involuntary Termination at any time within eighteen twelve (1812) months after a Change of Control or within three (3) months prior to a Change of Control, and the Employee signs and does not revoke the release of claims pursuant to Section 7 hereto, Employee shall be entitled to the following severance benefits:

Appears in 1 contract

Samples: Change of Control Severance Agreement (Viant Corp)

Termination Following a Change of Control. If the Employee’s employment with the Company terminates as a result of an Involuntary Termination at any time within eighteen twelve (1812) months after a Change of Control, and the Employee signs and does not revoke the release of claims pursuant to Section 7 hereto, Employee shall be entitled to the following severance benefitsbenefits provided that Employee enters into and does not revoke a general release of claims with the Company in substanitally the form attached hereto as Exhibit A:

Appears in 1 contract

Samples: Change of Control Severance Agreement (Quicklogic Corporation)

Termination Following a Change of Control. If the Employee’s employment with the Company terminates as a result of an Involuntary Termination at any time within eighteen (18) months after a Change of ControlControl and prior to the twelve-month anniversary of the Change of Control Effective Date, and the Employee signs delivers an effective release of claims as required under and does not revoke breach the release of claims pursuant to Section 7 heretocovenants specified in Sections 7(a) and 7(b) below, the Employee shall be entitled to the following severance benefits:

Appears in 1 contract

Samples: Change of Control Severance Agreement (Xenogen Corp)

Termination Following a Change of Control. If the Employee’s employment with the Company terminates as a result of an Involuntary Termination at any time within eighteen three (183) months prior to, at or within twelve (12) months after a Change of Control, and then the Employee signs and does not revoke the release of claims pursuant to Section 7 hereto, Employee shall be entitled to receive the following severance benefits:

Appears in 1 contract

Samples: Change of Control Severance Agreement (Pinnacle Systems Inc)

Termination Following a Change of Control. If the Employee’s employment with the Company terminates as a result of an Involuntary Termination at any time within eighteen three (183) months prior to or twelve (12) months after a Change of Control, and then the Employee signs and does not revoke the release of claims pursuant to Section 7 hereto, Employee shall be entitled to the following receive severance benefitsbenefits as follows:

Appears in 1 contract

Samples: Magma Design Automation Employment and Severence Agreement (Magma Design Automation Inc)

Termination Following a Change of Control. If the Employee’s employment with the Company terminates as a result of an Involuntary Termination at any time within eighteen (18) months after a Change of Control, and the Employee signs and does not revoke the release of claims pursuant to Section 7 hereto, then subject to Section 4(c), Employee shall be entitled to the following severance benefits:

Appears in 1 contract

Samples: Control Severance Agreement (Threshold Pharmaceuticals Inc)

Termination Following a Change of Control. If the Employee’s employment with the Company terminates as a result of an Involuntary Termination at any time within eighteen (18) months after a Change of Control, and the Employee signs and does not revoke the release of claims pursuant to Section 7 10 hereto, Employee shall be entitled to the following severance benefits:

Appears in 1 contract

Samples: Severance Agreement (Pharmasset Inc)

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