Common use of Change in Control Termination Payments Clause in Contracts

Change in Control Termination Payments. (a) Executive will be entitled to the compensation set forth in Paragraph 9(b) hereof (the “CIC Compensation”) if his employment is terminated within two years after a Change in Control (i) by the Company without Cause or (ii) by Executive pursuant to Paragraph 7(a)(v) (either (i) or (ii), the “CIC Trigger”). Notwithstanding the foregoing, Executive will not be entitled to CIC Compensation in the event of a termination of his employment following a Change in Control on account of his Death, Disability, Retirement, or termination by him pursuant to Paragraph 7(a)(iv).

Change in Control Termination Payments. (a) Executive will be entitled to the compensation set forth in Paragraph 9(b) hereof (the “CIC Compensation”) if his employment is terminated within two years after a Change in Control (i) by the Company without Cause or (ii) by Executive pursuant to Paragraph 7(a)(v) (either (i) or (ii), the “CIC Trigger”). Notwithstanding the foregoing, Executive will not be entitled to CIC Compensation in the event of a termination of his employment following a Change in Control on account of his Death, Disability, or Retirement, or termination by him pursuant to Paragraph 7(a)(iv).

Change in Control Termination Payments. (a) Executive will be entitled to the compensation set forth in Paragraph 9(b7(b) hereof (the “CIC Compensation”) if his employment is terminated within two years after a Change in Control (i) by the Company without Cause or (ii) by Executive pursuant to Paragraph 7(a)(v5(a)(viii) (either (i) or (ii), the “CIC Trigger”). Notwithstanding the foregoing, Executive will not be entitled to CIC Compensation in the event of a termination of his employment following a Change in Control on account of his Death, Disability, Retirement, or termination by him pursuant to Paragraph 7(a)(iv5(a)(iv).