Common use of Change in Control and Proposed Change in Control Defined Clause in Contracts

Change in Control and Proposed Change in Control Defined. (i) No benefits shall be payable to Employee pursuant to the this Section 6 unless there shall have been a Change in Control of the Company as set for the below. For purposes of Company of a nature that This Agreement a "Change in Control" shall mean a Change in Control of Company of a nature that would be required to be reported in response to Item 1 (a) of the Current Report on Form 8-K, as in effect on the date hereof, pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"); provided that, without limitation, such a Change in Control shall be deemed to have occurred at such time as

Appears in 2 contracts

Samples: Employment Agreement (Championship Auto Racing Teams Inc), Employment Agreement (Championship Auto Racing Teams Inc)

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Change in Control and Proposed Change in Control Defined. (i) No benefits shall be payable to Employee Pook pursuant to the this Section 6 unless there shall have been a Change in Control of the Company as set for the below. For purposes of Company of a nature that This this Agreement a "Change in Control" shall mean a Change in Control of Company of a nature that would be required to be reported in response to Item 1 (a) of the Current Report on Form 8-8- K, as in effect on the date hereof, pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"); provided that, without limitation, such a Change in Control shall be deemed to have occurred at such time as:

Appears in 1 contract

Samples: Employment Agreement (Championship Auto Racing Teams Inc)

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Change in Control and Proposed Change in Control Defined. (i) No benefits shall be payable to Employee pursuant to the this Section 6 unless there shall have been a Change in Control of the Company as set for the below. For purposes of Company of a nature that This this Agreement a "Change in Control" shall mean a Change in Control of Company of a nature that would be required to be reported in response to Item 1 (a) of the Current Report on Form 8-K, as in effect on the date hereof, pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"); provided that, without limitation, such a Change in Control shall be deemed to have occurred at such time as:

Appears in 1 contract

Samples: Employment Agreement (Championship Auto Racing Teams Inc)

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