Common use of Before a Change of Control Clause in Contracts

Before a Change of Control. Before a change of control, as defined in the Income Continuance Plan, the board of directors of Apache shall appoint an administrative Committee consisting of no fewer than three individuals who may be, but need not be, Participants, officers, directors, or employees of the Company. Apache’s board of directors may remove Committee members at will. If the absence of any Committee members, Apache shall become the sole Committee member.

Appears in 3 contracts

Samples: Apache Corp, Apache Corp, Apache Corp

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Before a Change of Control. Before a change of control, as defined in the Income Continuance Plan, the board of directors of Apache shall appoint an administrative Committee consisting of no fewer than three individuals who may be, but need not be, Participants, officers, directors, or employees of the Company. Apache’s board of directors may remove Committee members at will. If In the absence of any Committee members, Apache shall become the sole Committee member.

Appears in 2 contracts

Samples: Apache Corp, Apache Corp

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Before a Change of Control. Before a change “Change of controlControl, as defined in the Income Continuance Plan, the board of directors of Apache shall appoint an administrative Committee consisting of no fewer than three individuals who may be, but need not be, Participants, officers, directors, or employees of the Company. Apache’s board of directors may remove Committee members at will. If In the absence of any Committee members, Apache shall become the sole Committee member.

Appears in 1 contract

Samples: Apache Corp

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