Common use of CHANGE IN CONTROL SEVERANCE PROVISIONS Clause in Contracts

CHANGE IN CONTROL SEVERANCE PROVISIONS. Section 7 provides for payment to the Executive if his employment is terminated for certain reasons following a Change of Control as defined in Section 7. The Executive acknowledges that in the event he becomes entitled to the payment specified in Section 7(a), the payment will be in lieu of any other payments to be made under the terms of this Agreement.

CHANGE IN CONTROL SEVERANCE PROVISIONS. Section 7 provides for payment to the Executive if his employment is terminated for certain reasons following a Change of in Control as defined in Section 7. The Executive acknowledges that in the event he becomes entitled to the payment specified in Section 7(a), the payment will be in lieu of any other payments to be made under the terms of this Agreement.

CHANGE IN CONTROL SEVERANCE PROVISIONS. Section 7 provides for payment to the Executive if his employment is terminated for certain reasons following a Change of Control as defined in Section 7. The Executive acknowledges that in the event he becomes entitled to the payment specified in Section 7(a), the that payment will be in lieu of any other payments to be made under the terms of this Agreement.