Common use of Change in Control - Retirement and Welfare Benefits Clause in Contracts

Change in Control - Retirement and Welfare Benefits. The taking of any action by the Company that would directly or indirectly cause a Material Reduction in the Retirement and Welfare Benefits to which Xx. Xxxxxxx is entitled under the Company’s Retirement and Welfare Benefit plans in which Xx. Xxxxxxx was participating on the day immediately preceding the day the Change in Control is Consummated.

Appears in 3 contracts

Samples: Change in Control Agreement (Southern Power Co), Change in Control Agreement (Southern Power Co), Change in Control Agreement (Southern Power Co)

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Change in Control - Retirement and Welfare Benefits. The taking of any action by the Company that would directly or indirectly cause a Material Reduction in the Retirement and Welfare Benefits to which Xx. Xxxxxxx Xxxxxxxxx is entitled under the Company’s Retirement and Welfare Benefit plans in which Xx. Xxxxxxx Xxxxxxxxx was participating on the day immediately preceding the day the Change in Control is Consummated.

Appears in 1 contract

Samples: Change in Control Agreement (Southern Power Co)

Change in Control - Retirement and Welfare Benefits. The taking of any action by the Company that would directly or indirectly cause a Material Reduction in the Retirement and Welfare Benefits to which Xx. Xxxxxxx Xxxxxx is entitled under the Company’s Retirement and Welfare Benefit plans in which Xx. Xxxxxxx Xxxxxx was participating on the day immediately preceding the day the Change in Control is Consummated.

Appears in 1 contract

Samples: Change in Control Agreement (Southern Power Co)

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Change in Control - Retirement and Welfare Benefits. The taking of any action by the Company that would directly or indirectly cause a Material Reduction in the Retirement and Welfare Benefits to which Xx. Xxxxxxx XxXxxxx is entitled under the Company’s Retirement and Welfare Benefit plans in which Xx. Xxxxxxx XxXxxxx was participating on the day immediately preceding the day the Change in Control is Consummated.

Appears in 1 contract

Samples: Change in Control Agreement (Southern Power Co)

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