Common use of Certain Terminations in Connection with a Change in Control Clause in Contracts

Certain Terminations in Connection with a Change in Control. If, within ninety (90) days preceding or within one (1) year following a Change in Control, either the Company terminates the Employee's employment without Cause or the Employee terminates his Employment for Good Reason before notification by the Company to the Employee that the Employee's Employment will be terminated for Cause, the Company shall be obligated to pay the Employee an amount equal to whichever of the following results in the Employee receiving a larger after-tax amount: (i) one (1) times the Employee's annual base salary at the time of termination of employment or (ii) if less than one (1) times the Employee's annual base salary at the time of termination of employment, then the largest amount that could be paid to the Employee, which will not result in a nondeductible “parachute payment” under Section 280G of the Internal Revenue Code. Such amount shall be paid to the Employee ratably over one (1) year following termination.

Certain Terminations in Connection with a Change in Control. If, within ninety (90) days preceding or within one (1) year following a Change in Control, either the Company terminates the Employee's ’s employment without Cause or the Employee terminates his Employment for Good Reason any reason before notification by the Company to the Employee that the Employee's ’s Employment will be terminated for Cause, the Company shall be obligated to pay the Employee an amount equal to whichever of the following results in the Employee receiving a larger after-tax amount: (i) one three (13) times the Employee's ’s annual base salary at the time of termination of employment or (ii) if less than one (1) three times the Employee's ’s annual base salary at the time of termination of employment, then the largest amount that could be paid to the Employee, which will not result in a nondeductible “parachute payment” under Section 280G of the Internal Revenue Code. Such amount shall be paid to the Employee ratably over one two (12) year years following termination.

Certain Terminations in Connection with a Change in Control. If, within ninety (90) days preceding or within one (1) year following a Change in Control, either the Company terminates the Employee's ’s employment without Cause or the Employee terminates his Employment for Good Reason any reason before notification by the Company to the Employee that the Employee's ’s Employment will be terminated for Cause, the Company shall be obligated to pay the Employee an amount equal to whichever of the following results in the Employee receiving a larger after-tax amount: (i) one two (12) times the Employee's ’s annual base salary at the time of termination of employment or (ii) if less than one (1) two times the Employee's ’s annual base salary at the time of termination of employment, then the largest amount that could be paid to the Employee, which will not result in a nondeductible “parachute payment” under Section 280G of the Internal Revenue Code. Such amount shall be paid to the Employee ratably over one two (12) year years following termination.

Certain Terminations in Connection with a Change in Control. If, within ninety (90) days preceding or within one (1) year following a Change in Control, either the Company terminates the Employee's ’s employment without Cause or the Employee terminates his her Employment for Good Reason any reason before notification by the Company to the Employee that the Employee's ’s Employment will be terminated for Cause, the Company shall be obligated to pay the Employee an amount equal to whichever of the following results in the Employee receiving a larger after-tax amount: (i) one two (12) times the Employee's ’s annual base salary at the time of termination of employment or (ii) if less than one (1) two times the Employee's ’s annual base salary at the time of termination of employment, then the largest amount that could be paid to the Employee, which will not result in a nondeductible “parachute payment” under Section 280G of the Internal Revenue Code. Such amount shall be paid to the Employee ratably over one two (12) year years following termination.