Common use of Anticipatory Termination Clause in Contracts

Anticipatory Termination. If Xxxxxxx’s employment with the Corporation is terminated by the Corporation other than for Cause as defined in this Section 15.3, death or Disability prior to the date on which a Change of Control occurs, and if it is reasonably demonstrated by Grantee that such termination of employment (i) was at the request of a third party that has taken steps reasonably calculated to effect a Change of Control or (ii) otherwise arose in connection with or in anticipation of a Change of Control, such a termination of employment is an “Anticipatory Termination.”

Appears in 3 contracts

Samples: Award Agreement (PNC Financial Services Group, Inc.), Restricted Share Units Award Agreement (PNC Financial Services Group, Inc.), PNC Financial Services Group, Inc.

AutoNDA by SimpleDocs

Anticipatory Termination. If Xxxxxxx’s employment with the Corporation is terminated by the Corporation other than for Cause as defined in this Section 15.313.4, death or Disability prior to the date on which a Change of Control occurs, and if it is reasonably demonstrated by Grantee that such termination of employment (i) was at the request of a third party that has taken steps reasonably calculated to effect a Change of Control or (ii) otherwise arose in connection with or in anticipation of a Change of Control, such a termination of employment is an “Anticipatory Termination.”

Appears in 2 contracts

Samples: Award Agreement (PNC Financial Services Group, Inc.), Restricted Share Units Award Agreement (PNC Financial Services Group, Inc.)

Anticipatory Termination. If Xxxxxxx’s employment with the Corporation is terminated by the Corporation other than for Cause (as Cause is defined in this Section 15.315.8(a)), death or Disability prior to the date on which a Change of Control occurs, and if it is reasonably demonstrated by Grantee that such termination of employment (i) was at the request of a third party that has taken steps reasonably calculated to effect a Change of Control or (ii) otherwise arose in connection with or in anticipation of a Change of Control, such a termination of employment is an “Anticipatory Termination.”

Appears in 1 contract

Samples: Performance Units Agreement (PNC Financial Services Group Inc)

Anticipatory Termination. If Xxxxxxx’s employment with the Corporation is terminated by the Corporation other than for Cause as defined in this Section 15.315.4, death or Disability prior to the date on which a Change of Control occurs, and if it is reasonably demonstrated by Grantee that such termination of employment (i) was at the request of a third party that has taken steps reasonably calculated to effect a Change of Control or (ii) otherwise arose in connection with or in anticipation of a Change of Control, such a termination of employment is an “Anticipatory Termination.”

Appears in 1 contract

Samples: PNC Financial Services Group, Inc.

Anticipatory Termination. If Xxxxxxx’s employment with the Corporation is terminated by the Corporation other than for Cause (as Cause is defined in this Section 15.315.12(a)), death or Disability (as Disability is defined in Section 15.26) prior to the date on which a Change of Control occurs, and if it is reasonably demonstrated by Grantee that such termination of employment (i) was at the request of a third party that has taken steps reasonably calculated to effect a Change of Control or (ii) otherwise arose in connection with or in anticipation of a Change of Control, such a termination of employment is an “Anticipatory Termination.”

Appears in 1 contract

Samples: Restricted Stock Award Agreement (PNC Financial Services Group, Inc.)

AutoNDA by SimpleDocs

Anticipatory Termination. If Xxxxxxx’s employment with the Corporation is terminated by the Corporation other than for Cause (as Cause is defined in this Section 15.314.9(a)), death or Disability prior to the date on which a Change of Control occurs, and if it is reasonably demonstrated by Grantee that such termination of employment (i) was at the request of a third party that has taken steps reasonably calculated to effect a Change of Control or (ii) otherwise arose in connection with or in anticipation of a Change of Control, such a termination of employment is an “Anticipatory Termination.”

Appears in 1 contract

Samples: Performance Units Agreement (PNC Financial Services Group Inc)

Anticipatory Termination. If Xxxxxxx’s employment with the Corporation is terminated by the Corporation other than for Cause (as Cause is defined in this Section 15.314.12(a)), death or Disability (as Disability is defined in Section 14.24) prior to the date on which a Change of Control occurs, and if it is reasonably demonstrated by Grantee that such termination of employment (i) was at the request of a third party that has taken steps reasonably calculated to effect a Change of Control or (ii) otherwise arose in connection with or in anticipation of a Change of Control, such a termination of employment is an “Anticipatory Termination.”

Appears in 1 contract

Samples: Restricted Stock Award Agreement (PNC Financial Services Group, Inc.)

Anticipatory Termination. If Xxxxxxx’s employment with the Corporation is terminated by the Corporation other than for Cause as defined in this Section 15.311.2, death or Disability prior to the date on which a Change of Control occurs, and if it is reasonably demonstrated by Grantee that such termination of employment (i) was at the request of a third party that has taken steps reasonably calculated to effect a Change of Control or (ii) otherwise arose in connection with or in anticipation of a Change of Control, such a termination of employment is an “Anticipatory Termination.”

Appears in 1 contract

Samples: Restricted Stock Award Agreement (PNC Financial Services Group, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!