Termination of the Term. (a) The Company shall have the right to terminate the Term under the following circumstances: (i) Executive shall die; (ii) With or without Cause, effective upon written notice to Executive by the Company; or (iii) Upon or within one (1) year following a Change of Control. (b) Executive shall have the right to terminate the Term under the following circumstances: (i) At any time upon sixty (60) days prior written notice to the Company; or (ii) For Good Reason upon or within one (1) year following a Change of Control. (c) For purposes of this Agreement, “Cause” shall mean:
Appears in 9 contracts
Sources: Employment Agreement (Sciele Pharma, Inc.), Employment Agreement (First Horizon Pharmaceutical Corp), Employment Agreement (First Horizon Pharmaceutical Corp)
Termination of the Term. (a) The Company shall have the right to terminate the Term under the following circumstances:
(i) Executive shall die;
(ii) With or without Cause, as herein defined, effective upon written notice to Executive by the Company; or,
(iii) Upon or within one (1) year following a Change of Control, as herein defined.
(b) Executive shall have the right to terminate the Term under the following circumstances:
(i) At any time upon sixty (60) days prior written notice to the Company; or
(ii) For Good Reason Reason, as herein defined, upon or within one (1) year following a Change of Control.
(c) For purposes of this Agreement, “Cause” shall mean:
Appears in 1 contract
Sources: Employment Agreement (Neopharm Inc)