Common use of Change in Control, No Termination Clause in Contracts

Change in Control, No Termination. In the case of a Change in Control where the Executive’s employment does not terminate during the Change in Control Protection Period, the Executive shall receive the Cash Award when ordinarily paid out (under the mPRSU/PRSU Award Agreement).

Appears in 7 contracts

Samples: Employment Agreement (Lam Research Corp), Employment Agreement (Lam Research Corp), Employment Agreement (Lam Research Corp)

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Change in Control, No Termination. In the case of a Change in Control where the Executive’s employment does not terminate during the Change in Control Protection Period, the Executive shall receive the Cash Award (as defined in the mPRSU/PRSU Award Agreement) when ordinarily paid out (under the mPRSU/PRSU Award Agreement).

Appears in 2 contracts

Samples: Change in Control Agreement (Lam Research Corp), Change in Control Agreement (Lam Research Corp)

Change in Control, No Termination. In the case of a Change in Control where the Executive’s employment does not terminate during the Change in Control Protection Period, the Executive shall receive the Cash Award when ordinarily paid out (under the mPRSU/PRSU Award Agreement).

Appears in 2 contracts

Samples: Employment Agreement (Lam Research Corp), Employment Agreement (Lam Research Corp)

Change in Control, No Termination. In the case of a Change in Control where the Executive’s employment does not terminate during within twelve (12) months following the Change in Control Protection Periodor in contemplation of a Change in Control, the Executive shall receive the Cash Award (as defined in the mPRSU Award Agreement) when ordinarily paid out (under the mPRSU/PRSU mPRSU Award Agreement).

Appears in 1 contract

Samples: Change in Control Agreement (Lam Research Corp)

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Change in Control, No Termination. In the case of a Change in Control where the Executive’s employment does not terminate during within twelve (12) months following the Change in Control Protection Periodor in contemplation of a Change in Control, the Executive shall receive the Cash Award when ordinarily paid out (under the mPRSU/PRSU mPRSU Award Agreement).

Appears in 1 contract

Samples: Employment Agreement (Lam Research Corp)

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