Common use of Agreement of the Company Clause in Contracts

Agreement of the Company. In order to induce the Executive to remain in the employ of the Company, the Company agrees, under the terms and conditions set forth herein, that, upon the occurrence of both a Change in Control and a Triggering Event during the term of this Agreement, the Company shall provide to the Executive the benefits described in Sections 3.1 through 3.4 below (the "Severance Benefits"), unless prior to the date of any Triggering Event, the Executive's employment with the Company has been terminated for Cause or due to the Executive's Disability or death.

Appears in 4 contracts

Samples: Executive Employment Agreement (First Commercial Corp), Executive Employment Agreement (First Commercial Corp), Executive Employment Agreement (First Commercial Corp)

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Agreement of the Company. In order to induce the Executive to remain in the employ of the Company, the Company agrees, under the terms and conditions set forth herein, that, upon the occurrence of both a Change in Control and a Triggering Event during the term of this Agreement, the Company shall provide to the Executive the benefits described in Sections 3.1 through 3.4 3.3 below (the "Severance Benefits"), unless prior to the date of any Triggering Event, the Executive's employment with the Company has been terminated by the Executive for other than Good Reason or by the Company for Cause or due to the Executive's Disability or death.

Appears in 2 contracts

Samples: Executive Change of Control Agreement (Skyterra Communications Inc), Executive Change of Control Agreement (Skyterra Communications Inc)

Agreement of the Company. In order to induce the Executive to remain in the employ of the Company, the Company agrees, under the terms and conditions set forth herein, that, upon the occurrence of both a Change in Control and a Triggering Event during the term of this Agreement, the Company shall provide to the Executive the benefits described in Sections 3.1 through 3.4 3.2 below (the "Severance Benefits"), unless prior to the date of any Triggering Event, the Executive's employment with the Company has been terminated for Cause or due to the Executive's Disability or death.

Appears in 2 contracts

Samples: Executive Employment Agreement (First Commercial Corp), Executive Employment Agreement (First Commercial Corp)

Agreement of the Company. In order to induce the Executive to remain in the employ of the Company, the Company agrees, under the terms and conditions set forth herein, that, upon the occurrence of termination of Executive’s employment due to both a Change in Control and a Triggering Event Event, during the term of this Agreement, the Company shall provide to the Executive the benefits described in Sections 3.1 through 3.4 3.3 below (the "Severance Benefits"), unless prior to the date of any Triggering Event, the Executive's ’s employment with the Company has been terminated by the Executive for other than Good Reason or by the Company for Cause or due to the Executive's ’s Disability or death.

Appears in 1 contract

Samples: Executive Employment Agreement (Skyterra Communications Inc)

Agreement of the Company. In order to induce the Executive to remain in the employ of the Company, the Company agrees, under the terms and conditions set forth herein, that, upon the occurrence of both a Change in Control and a Triggering Event during the term of this Agreement, the Company shall provide to the Executive the benefits described in Sections 3.1 through 3.4 3.3 below (the "Severance Benefits"), unless prior to the date of any Triggering Event, the Executive's employment with the Company has been terminated for Cause or due to the Executive's Disability or death.

Appears in 1 contract

Samples: Change of Control Separation Agreement (Motient Corp)

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Agreement of the Company. In order to induce the Executive to remain in the employ of the Company, the Company agrees, under the terms and conditions set forth herein, that, upon the occurrence of both a Change in Control and a Triggering Event during the term of this Agreement, the Company shall provide to the Executive the benefits described in Sections 3.1 through 3.4 3.3 below (the "Severance Benefits"), unless prior to the date of any Triggering Event, the Executive's ’s employment with the Company has been terminated by the Executive for other than Good Reason or by the Company for Cause or due to the Executive's ’s Disability or death.

Appears in 1 contract

Samples: Executive Change of Control Agreement (Skyterra Communications Inc)

Agreement of the Company. In order to induce the Executive to remain ------------------------ in the employ of the Company, the Company agrees, under the terms and conditions set forth herein, that, upon the occurrence of both a Change in Control and a Triggering Event during the term of this Agreement, the Company shall provide to the Executive the benefits described in Sections 3.1 through 3.4 3.3 below (the "Severance Benefits"), unless prior to the date of any Triggering Event, the Executive's employment with the Company has been terminated for Cause or due to the Executive's Disability or death.

Appears in 1 contract

Samples: Executive Employment Agreement (American Mobile Satellite Corp)

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