Common use of Bonus Upon A Change of Control Clause in Contracts

Bonus Upon A Change of Control. In the event of a Negotiated Change of Control, Employee shall be entitled to receive a cash bonus equal to 0.5% of the Value of the Company upon the closing of such Negotiated Change of Control.

Appears in 4 contracts

Samples: Change of Control Severance Agreement (Argonaut Technologies Inc), Change of Control Severance Agreement (Argonaut Technologies Inc), Change of Control Severance Agreement (Argonaut Technologies Inc)

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Bonus Upon A Change of Control. is amended as follows: In the event of a Negotiated Change of Control, Employee shall be entitled to receive a cash bonus equal to 0.50.375% of the Value of the Company upon the closing of such Negotiated Change of Control.”

Appears in 2 contracts

Samples: Change of Control Severance Agreement (Argonaut Technologies Inc), Change of Control Severance Agreement (Argonaut Technologies Inc)

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