Common use of Benefits Prior to a Change in Control Clause in Contracts

Benefits Prior to a Change in Control. Subject to the final sentence of this Section 3, the Executive shall be entitled to receive the severance and welfare benefits described in this Section 3 if, during the Term of this Agreement but prior to a Change in Control or the sale or divestiture of the business unit of the Company or its successor to which the Executive is 3 assigned, the Executive's employment with the Company and its successors is terminated by the Company or its successor without Cause.

Appears in 5 contracts

Samples: Executive Employment Agreement (Chesapeake Corp /Va/), Executive Employment Agreement (Chesapeake Corp /Va/), Executive Employment Agreement (Chesapeake Corp /Va/)

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Benefits Prior to a Change in Control. Subject to the final sentence of this Section 35, the Executive shall be entitled to receive the severance and welfare benefits described in this Section 3 5 if, during the Term of this Agreement but prior to a Change in Control or the sale or divestiture of the business unit of the Company or its successor to which the Executive is 3 assigned, the Executive's employment with the Company and its successors is terminated by the Company or its successor without Cause.

Appears in 3 contracts

Samples: Employment Agreement (Chesapeake Corp /Va/), Executive Employment Agreement (Chesapeake Corp /Va/), Executive Employment Agreement (Chesapeake Corp /Va/)

Benefits Prior to a Change in Control. Subject to the final sentence of this Section 3, the Executive shall be entitled to receive the severance and welfare benefits described in this Section 3 if, during the Term of this Agreement but prior to a Change in Control or the sale or divestiture of the business unit of the Company or its successor to which the Executive is 3 assigned, the Executive's employment with the Company and its successors is terminated by the Company or its successor without Cause.is

Appears in 1 contract

Samples: Executive Employment Agreement (Chesapeake Corp /Va/)

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Benefits Prior to a Change in Control. Subject to the final sentence of this Section 3, the Executive shall be entitled to receive the severance and welfare benefits described in this Section 3 if, during the Term of this Agreement but prior to a Change in Control or the sale or divestiture of the business unit of the Company or its successor to which the Executive is 3 assigned, the Executive's employment with the Company and its successors is terminated by the Company or its successor without Cause.

Appears in 1 contract

Samples: Executive Employment Agreement (Chesapeake Corp /Va/)

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