Change in Control Date. For purposes of this Agreement, “Change in Control Date” means (A) the first date during the Term on which a Change in Control occurs; or (B) the date immediately prior to the date on which the Executive is terminated before a Change in Control if a Change in Control occurs and it is reasonably demonstrated by the Executive that such termination of employment (1) was at the request of a third party who has taken steps reasonably calculated to effect a Change in Control; or (2) otherwise arose in connection with or in anticipation of a Change in Control.
Appears in 5 contracts
Samples: Employment Agreement (Polymedica Corp), Employment Agreement (Polymedica Corp), Employment Agreement (Polymedica Corp)
Change in Control Date. For purposes of this Agreement, “"Change in Control Date” " means (A) the first date during the Term on which a Change in Control occurs; or (B) the date immediately prior to the date on which the Executive is terminated before a Change in Control if a Change in Control occurs and it is reasonably demonstrated by the Executive that such termination of employment (1) was at the request of a third party who has taken steps reasonably calculated to effect a Change in Control; or (2) otherwise arose in connection with or in anticipation of a Change in Control.
Appears in 1 contract