Common use of Change in Control and Termination of Employment Clause in Contracts

Change in Control and Termination of Employment. (a) If a Change in Control of the Company shall have occurred, and there occurs a Qualifying Termination of Employment of Executive within 3 months prior to or 24 months following the occurrence of such Change in Control of the Company, Executive shall be entitled to receive the payments provided in Section 4 hereof.

Appears in 2 contracts

Samples: Key Executive Severance Agreement (Ducommun Inc /De/), Key Executive Severance Agreement (Ducommun Inc /De/)

AutoNDA by SimpleDocs

Change in Control and Termination of Employment. (a) If a Change in Control of the Company shall have occurred, and there occurs a Qualifying Termination of Employment of Executive within 3 months prior to or 24 months following the occurrence of such Change in Control of the CompanyCompany (such period, the “Change in Control Period”), Executive shall be entitled to receive the payments provided in Section 4 hereof.

Appears in 2 contracts

Samples: Key Executive Severance Agreement (Ducommun Inc /De/), Key Executive Severance Agreement (Ducommun Inc /De/)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.