Subsidiary Change in Control Sample Clauses

Subsidiary Change in Control. In the event of a Subsidiary Change in Control, Good Reason shall exist if Xx. Xxxxxxx is offered a package of Retirement and Welfare Benefits by the acquiring employer that is not Economically Equivalent, as determined under Sections 1.23(f) and (g) hereof.
AutoNDA by SimpleDocs
Subsidiary Change in Control. Notwithstanding Section 1.23(a)(i) hereof, in the event of a Subsidiary Change in Control, Good Reason shall exist if Xx. Xxxxxxx is offered employment with the acquiring employer with a job title, duties and status which are materially and detrimentally lower than Xx. Xxxxxxx’x job title, duties and status in effect at the Company as of the date the offer of employment is received.
Subsidiary Change in Control. Notwithstanding Section 1.23(b)(i) hereof, in the event of a Subsidiary Change in Control, Good Reason shall exist if Xx. Xxxxxxx is offered Base Salary, Target Bonus under the acquiring company’s Short Term Bonus Plan and Long Term Bonus Plan and Target Bonus under the acquiring company’s Equity Based Bonus Plan that, in the aggregate, is less than ninety percent (95%) of Xx. Xxxxxxx’x Base Salary plus Target Bonus under the Company’s Short Term Bonus Plan and Long Term Bonus Plan, plus Target Bonus under the Company’s Equity Based Bonus Plan, each of which as in effect on the day the offer of employment is received;
Subsidiary Change in Control. Notwithstanding Section 1.23(c)(i) hereof, in the case of a Subsidiary Change in Control, Good Reason shall exist if Xx. Xxxxxxx’x work location under the terms of the offer of employment from the acquiring employer is more than fifty (50) miles from Xx. Xxxxxxx’x work location at the Company as of the date the offer of employment by the acquiring employer is received.
Subsidiary Change in Control. In the event of a Subsidiary Change in Control, Good Reason shall exist if Mr. Garrett is offered Base Salary, Target Bonus under txx xxxxxxxxg company's Short Term Bonus Plan and Long Term Bonus Plan and Target Bonus under the acquiring company's Equity Based Bonus Plan that, in the aggregate, is less than ninety percent (95%) of Mr. Garrett's Base Salary plus Target Bonus under the Coxxxxx'x Xxxxx Term Bonus Plan and Long Term Bonus Plan, plus Target Bonus under the Company's Equity Based Bonus Plan, each of which as in effect on the day the offer of employment is received;
Subsidiary Change in Control. Notwithstanding Section 1.23(b)(i) hereof, in the event of a Subsidiary Change in Control, Good Reason shall exist if
Subsidiary Change in Control. In the event of a Subsidiary Change in Control, Good Reason shall exist if Mr. Fanning is offered employment with the acquiring empxxxxx xxxx a job title, duties and status which are materially and detrimentally lower than Mr. Fanning's xxx xxxxx, duties and status in effect at the Company as of the date the offer of employment is received.
AutoNDA by SimpleDocs
Subsidiary Change in Control. In the event of a Subsidiary Change in Control, Good Reason shall exist if Mr. Fanning is offered Base Salary, Target Bonus xxxxx xxx acquiring company's Short Term Bonus Plan and Long Term Bonus Plan and Target Bonus under the acquiring company's Equity Based Bonus Plan that, in the aggregate, is less than ninety percent (95%) of Mr. Fanning's Base Salary plus Target Bonus under the Xxxxxxx's Short Term Bonus Plan and Long Term Bonus Plan, plus Target Bonus under the Company's Equity Based Bonus Plan, each of which as in effect on the day the offer of employment is received;
Subsidiary Change in Control. In the case of a Subsidiary Change in Control, Good Reason shall exist if Mr. Fanning's work location under the terms of the offer xx xxxxxxxxxt from the acquiring employer is more than fifty (50) miles from Mr. Fanning's work location at the Company as of the datx xxx xxxxx xf employment by the acquiring employer is received.
Subsidiary Change in Control. In the event of a Subsidiary Change in Control, Good Reason shall exist if Mr. Fanning is offered a package of Retirement axx Xxxxxxx Benefits by the acquiring employer that is not Economically Equivalent, as determined under Sections 1.23(f) and (g) hereof.
Time is Money Join Law Insider Premium to draft better contracts faster.