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

Termination Following a Change in Control. If, following the occurrence of a Change in Control that occurs during the Term (i) the Executive is terminated by the Company other than for Cause (as defined below) on or before the second anniversary of such Change in Control, or (ii) the Executive terminates his employment for Good Reason (as defined below) on or before the second anniversary of such Change in Control (collectively with (i) above, a “Qualifying Termination”), then subject to Section 5 and Section 6 below:

Appears in 25 contracts

Samples: Change in Control Agreement (Aceto Corp), Change in Control Agreement (Aceto Corp), Change in Control Agreement (Aceto Corp)

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Termination Following a Change in Control. If, following during the occurrence of Term, a Change in Control that occurs during the Term (i) the Executive shall occur, and if Executive’s employment is terminated by the Company other than (or its successor) without Cause or Executive terminates his/her employment for Cause Good Reason during the thirty-six (as defined below36) on or before the second anniversary of month period following such Change in Control, or if Executive signs (iiand does not revoke) the release described in Section 13, Executive terminates his employment for Good Reason (as defined below) on or before the second anniversary of such Change in Control (collectively with (i) above, a “Qualifying Termination”), then subject shall be entitled to Section 5 and Section 6 belowreceive:

Appears in 5 contracts

Samples: Employment Agreement, Executive Employment Agreement (Axon Enterprise, Inc.), Executive Employment Agreement (Axon Enterprise, Inc.)

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