Common use of Change in Control for Good Reason Clause in Contracts

Change in Control for Good Reason. If the employment of the Executive is terminated during the Term either (A) by the Company without Cause or (B) by the Executive within twelve (12) months after a Change in Control for Good Reason, the Company will pay the Executive the sum of the Executive’s Base Salary and Cash Bonus at the rate in effect as of the last day of employment for a period equal to twelve (12) months;

Appears in 2 contracts

Samples: Employment Agreement (Dr. Tattoff, Inc.), Employment Agreement (Dr. Tattoff, Inc.)

AutoNDA by SimpleDocs

Change in Control for Good Reason. If the employment of the Executive is terminated during the Term either (A) by the Company without Cause or (B) by the Executive within twelve (12) months after a Change in Control for Good Reason, the Company will pay the Executive the sum of the Executive’s Base Salary and Cash Bonus at the rate in effect as of the last day of employment for a period equal to twelve nine (129) months;

Appears in 1 contract

Samples: Employment Agreement (Dr. Tattoff, Inc.)

Change in Control for Good Reason. If the employment of the Executive is terminated during the Term either (A) by the Company without Cause or (B) by the Executive within twelve (12) months after a Change in Control for Good Reason, the Company will pay the Executive the sum of the Executive’s Base Salary and Cash Bonus at the rate in effect as of the last day of employment for a period equal to twelve six (126) months;

Appears in 1 contract

Samples: Employment Agreement (Dr. Tattoff, Inc.)

Change in Control for Good Reason. If the employment of the Executive is terminated during the Term either (A) by the Company without Cause or (B) by the Executive within twelve (12) months after a Change in Control for Good Reason, the Company will pay the Executive the sum of the Executive’s Base Salary and Cash Bonus at the rate in effect as of the last day of employment for a period equal to twelve nine (129) months;

Appears in 1 contract

Samples: Employment Agreement (Dr. Tattoff, Inc.)

AutoNDA by SimpleDocs

Change in Control for Good Reason. If the employment of the Executive is terminated during the Term either (A) by the Company without Cause or (B) by the Executive within twelve (12) months after a Change in Control for Good Reason, the Company will pay the Executive the sum of the Executive’s Base Salary and Cash Bonus at the rate in effect as of the last day of employment for a period equal to twelve (12) months;

Appears in 1 contract

Samples: Employment Agreement (Dr. Tattoff, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!