Common use of Anticipatory Termination Clause in Contracts

Anticipatory Termination. Anything in this Agreement to the contrary notwithstanding, if a Change in Control occurs and if the Executive’s employment with the Company is terminated (other than a termination due to the Executive’s death or as a result of the Executive’s disability) during the period of 180 days prior to the date on which the Change in Control occurs, and if it is reasonably demonstrated by the Executive that such termination of employment (i) was at the request of a third party who has taken steps reasonably calculated to effect a Change in Control or (ii) otherwise arose in connection with or in anticipation of a Change in Control, then for all purposes of this Section 9 such termination of employment shall be deemed a “Covered Termination” and the “Employment Period” shall be deemed to have begun on the date of such termination.

Appears in 12 contracts

Samples: Hudson Global Executive Employment Agreement (Hudson Global, Inc.), Hudson Global Executive Employment Agreement (Hudson Global, Inc.), Employment Agreement (Hudson Highland Group Inc)

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Anticipatory Termination. Anything in this Agreement to the contrary notwithstanding, if a Change in Control occurs and if the Executive’s employment with the Company is terminated (other than a termination due to the Executive’s death or as a result of the Executive’s disability) during the period of 180 days prior to the date on which the Change in Control occurs, and if it is reasonably demonstrated by the Executive that such termination of employment (i) was at the request of a third party who has taken steps reasonably calculated to effect a Change in Control or (ii) otherwise arose in connection with or in anticipation of a Change in Control, then for all purposes of this Section 9 8 such termination of employment shall be deemed a “Covered Termination” and the “Employment Period” shall be deemed to have begun on the date of such termination.

Appears in 9 contracts

Samples: Hudson Highland Group Executive Employment Agreement (Hudson Highland Group Inc), Hudson Highland Group Executive Employment Agreement (Hudson Highland Group Inc), Hudson Highland Group Executive Employment Agreement (Hudson Highland Group Inc)

Anticipatory Termination. Anything in this Agreement to the contrary notwithstanding, if a Change in Control occurs and if the Executive’s 's employment with the Company is terminated (other than a termination due to the Executive’s 's death or as a result of the Executive’s 's disability) during the period of 180 days prior to the date on which the Change in Control occurs, and if it is reasonably demonstrated by the Executive that such termination of employment (i) was at the request of a third party who has taken steps reasonably calculated to effect a Change in Control or (ii) otherwise arose in connection with or in anticipation of a Change in Control, then for all purposes of this Section 9 such termination of employment shall be deemed a “Covered Termination” and the “Employment Period” shall be deemed to have begun on the date of such termination.

Appears in 2 contracts

Samples: Hudson Global Executive Employment Agreement (Hudson Global, Inc.), Hudson Global Executive Employment Agreement (Hudson Global, Inc.)

Anticipatory Termination. Anything in this Agreement to the contrary notwithstanding, if a Change in Control occurs and if the Executive’s employment with the Company is terminated (other than a termination due to the Executive’s death or as a result of the Executive’s disabilityDisability) during the period of 180 days prior to the date on which the Change in Control occurs, and if it is reasonably demonstrated by the Executive that such termination of employment (ia) was at the request of a third party who has taken steps reasonably calculated to effect a Change in Control or (iib) otherwise arose in connection with or in anticipation of a Change in Control, then for all purposes of this Section 9 Sections 1 and 2 such termination of employment shall be deemed a “Covered Termination” and the “Employment Period” shall be deemed to have begun on the date of such termination.

Appears in 2 contracts

Samples: Executive Excise Tax Gross Up Agreement (Hudson Highland Group Inc), Executive Excise Tax Gross Up Agreement (Hudson Highland Group Inc)

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Anticipatory Termination. Anything in this Agreement to the contrary notwithstanding, if a Change in Control occurs and if the Executive’s employment with the Company is terminated (other than a termination due to the Executive’s death or as a result of the Executive’s disabilityDisability) during the period of 180 days prior to the date on which the Change in Control occurs, and if it is reasonably demonstrated by the Executive that such termination of employment (i) was at the request of a third party who has taken steps reasonably calculated to effect a Change in Control or (ii) otherwise arose in connection with or in anticipation of a Change in Control, then for all purposes of this Section 9 11 such termination of employment shall be deemed a “Covered Termination” and the “Employment Period” shall be deemed to have begun on the date of such termination.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Hudson Highland Group Inc)

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