Common use of Accelerating Event Clause in Contracts

Accelerating Event. As used in this Agreement, the term "Accelerating Event" shall mean any of the following: (i) the Executive's employment terminates under the circumstances described in Section 3(a), (ii) the Executive is discharged without Cause, (iii) the Executive resigns with Good Reason, or (iv) the accrual of Change in Control Entitlements (as defined in Section 5(b)).

Appears in 2 contracts

Samples: Employment Agreement (Florida East Coast Industries Inc), Employment Agreement (Florida East Coast Industries Inc)

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Accelerating Event. As used in this Agreement, the term "Accelerating Event" shall mean any of the following: (i) the Executive's employment terminates under the circumstances described in Section 3(a), (ii) the Executive is discharged without Cause, (iii) the Executive resigns with Good Reason, or (iv) the accrual of a Change in Control Entitlements (as defined in Section 5(b5(a))) occurs.

Appears in 2 contracts

Samples: Employment Agreement (New Frontier Media Inc /Co/), Securities Purchase Agreement (New Frontier Media Inc /Co/)

Accelerating Event. As used in this Agreement, the term "Accelerating Event" shall mean any of the following: (i) the Executive's employment terminates under the circumstances described in Section 3(a), (ii) the Executive is discharged without Cause, (iii) the Executive resigns with Good Reason, or (iv) the accrual of a Change in Control Entitlements Entitlement (as defined in Section 5(b))) occurs.

Appears in 2 contracts

Samples: Employment Agreement (Florida East Coast Industries Inc), Employment Agreement (Florida East Coast Industries Inc)

Accelerating Event. As used in this Agreement, the term "Accelerating Event" shall mean any of the following: (i) the Executive's employment terminates under the circumstances described in Section 3(a3(A), (ii) the Executive is discharged without Cause, (iii) the Executive resigns with Good Reason, or (iv) the accrual of a Change in Control Entitlements (as defined in Section 5(b5(A))) occurs.

Appears in 2 contracts

Samples: Employment Agreement (Premier Publishing Group, Inc.), Employment Agreement (New Frontier Media Inc /Co/)

Accelerating Event. As used in this AgreementAgreement and in the Restricted Stock Agreement of even date herewith, the term "Accelerating Event" shall mean any of the following: (i) the Executive's employment terminates under the circumstances described in Section 3(a), (ii) the Executive is discharged without Cause, or (iiiii) the Executive resigns with Good Reason, or (iv) the accrual of Change in Control Entitlements (as defined in Section 5(b)).

Appears in 1 contract

Samples: Employment Agreement (Florida East Coast Industries Inc)

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Accelerating Event. As used in this Agreement, the term "Accelerating Event" shall mean any of the following: (i) the i)the Executive's employment terminates under the circumstances described in Section 3(a3(A), (ii) the Executive is discharged without Cause, (iii) the Executive resigns with Good Reason, or (iv) the accrual of a Change in Control Entitlements (as defined in Section 5(b5(A))) occurs.

Appears in 1 contract

Samples: Employment Agreement (New Frontier Media Inc /Co/)

Accelerating Event. As used in this Agreement, the term "Accelerating Event" shall mean any of the following: (i) the i)the Executive's employment terminates under the circumstances described in Section 3(a), (ii) the Executive is discharged without Cause, (iii) the Executive resigns with Good Reason, or (iv) the accrual of a Change in Control Entitlements (as defined in Section 5(b5(A))) occurs.

Appears in 1 contract

Samples: Employment Agreement (New Frontier Media Inc /Co/)

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