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

Termination of Employment Following Change in Control. Prior to a Change in Control, Employee’s employment shall remain at will and may be terminated by the Company for any reason without notice or Cause. From and after a Change in Control, Employee shall be entitled to the benefits provided in Section 6 hereof upon the subsequent termination of his employment during the Term unless such termination is because of Employee’s death or Retirement, by the Company for Cause or Disability, or by Employee other than for Good Reason.

Appears in 8 contracts

Samples: Employment Agreement (Globalscape Inc), Employment Agreement (Globalscape Inc), Employment Agreement (Globalscape Inc)

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Termination of Employment Following Change in Control. Prior to a Change in Control, Employee’s employment shall remain at will and may be terminated by the Company for any reason without notice or Cause. From and after a Change in Control, Employee shall be entitled to the benefits provided in Section 6 Subsection 6(d) hereof upon the subsequent termination of his employment during the Term or extended Term unless such termination is because of Employee’s death or Retirement, by the Company for Cause or Disability, or by Employee other than for Good Reason.

Appears in 1 contract

Samples: Employment Agreement (Abraxas Petroleum Corp)

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Termination of Employment Following Change in Control. Prior to a Change in Control, Employee’s 's employment shall remain at will and may be terminated by the Company for any reason without notice or Cause. From and after a Change in Control, Employee shall be entitled to the benefits provided in Section 6 hereof upon the subsequent termination of his employment during the Term unless such termination is because of Employee’s Employee 's death or Retirement, by the Company for Cause or Disability, or by Employee other than for Good Reason.

Appears in 1 contract

Samples: employm.ent Agreement (Globalscape Inc)

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