Common use of Potential Change in Control Clause in Contracts

Potential Change in Control. If a Potential Change in Control occurs, the Company shall immediately notify the Trustee and Recordkeeper and shall cause the Required Funding Amount to be remitted to the Trustee as a contribution to the Trust. The Required Funding Amount shall be paid to the Trust not later than thirty (30) days after the Potential Change in Control.

Appears in 4 contracts

Samples: Deferred Compensation and Benefits Trust Agreement (Sunoco Inc), Trust Agreement (Sunoco Inc), Trust Agreement (Sunoco Inc)

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Potential Change in Control. If a Potential Change in Control occurs, --------------------------- the Company shall immediately notify the Trustee and Recordkeeper and shall cause the Required Funding Amount to be remitted to the Trustee as a contribution to the Trust. The Required Funding Amount shall be paid to the Trust not later than thirty (30) days after the Potential Change in Control.

Appears in 2 contracts

Samples: Sunoco Inc, Sunoco Inc

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Potential Change in Control. If a Potential Change in Control of the Company occurs, the Company shall immediately notify the Trustee and Recordkeeper and shall cause the Required Funding Amount to be remitted to the Trustee as a contribution to the Trust. The Required Funding Amount shall be paid to the Trust not later than thirty (30) days after the Potential Change in Control.

Appears in 2 contracts

Samples: Trust Agreement (Sunoco Inc), Benefits Trust Agreement (Sunoco Inc)

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