Change of Control Arrangement. In the event that a Termination occurs at any time within two years after a Change of Control, then (1) the term "12 months" in the first and third paragraphs of Section 1 of this agreement shall be replaced with "36 months" and (2) the term "one year" in Section 5 and Section 6 of this agreement shall be replaced with "36 months". For purposes of this Section, "Change of Control" shall having the meaning ascribed to such term in Xxxxxx'x 2002 Stock Option Plan, as such plan may be amended from time to time.
Appears in 5 contracts
Samples: Agreement (Asbury Automotive Group Inc), Agreement (Asbury Automotive Group Inc), Agreement (Asbury Automotive Group Inc)
Change of Control Arrangement. In the event that a Termination occurs at any time within two years after a Change of Control, then (1) the term "“12 months" ” in the first and third paragraphs of Section 1 of this agreement shall be replaced with "“36 months" ” and (2) the term "“one year" ” in Section 5 and Section 6 of this agreement shall be replaced with "“36 months"”. For purposes of this Section, "“Change of Control" ” shall having have the meaning ascribed to such term in Xxxxxx'x Xxxxxx’x 2002 Stock Option Equity Incentive Plan, ; as such plan may be amended from time to time.
Appears in 2 contracts
Samples: Asbury Automotive Group Inc, Asbury Automotive Group Inc
Change of Control Arrangement. In the event that a Termination occurs at any time within two years after a Change of Control, then (1) the term "“12 months" ” in the first and third paragraphs of Section 1 of this agreement shall be replaced with "“36 months" ” and (2) the term "“one year" ” in Section 5 and Section 6 of this agreement shall be replaced with "“36 months"”. For purposes of this Section, "“Change of Control" ” shall having have the meaning ascribed to such term in Xxxxxx'x 2002 Stock Option Asxxxx’x 0002 Equity Incentive Plan, ; as such plan may be amended from time to time.
Appears in 2 contracts
Samples: Asbury Automotive Group Inc, Asbury Automotive Group Inc
Change of Control Arrangement. In the event that a Termination occurs at any time within two years after a Change of Control, then (1) the term "“12 months" ” in the first and third paragraphs of Section 1 of this agreement shall be replaced with "“36 months" ” and (2) the term "“one year" ” in Section 5 and Section 6 of this agreement shall be replaced with "“36 months". .” For purposes of this Section, "“Change of Control" ” shall having have the meaning ascribed to such term in Xxxxxx'x Xxxxxx’x 2002 Stock Option Equity Incentive Plan, ; as such plan may be amended from time to time.
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Change of Control Arrangement. In the event that a Termination occurs at any time within two years after a “Change of Control, then (1) ,” which is defined in accordance with the term "12 months" in the first and third paragraphs definition of Section 1 of this agreement shall be replaced with "36 months" and (2) the term "one year" in Section 5 and Section 6 of this agreement shall be replaced with "36 months". For purposes of this Section, "Change of Control" shall having the meaning ascribed to such term in Xxxxxx'x Xxxxxx’x 2002 Stock Option Equity Incentive Plan, as such plan may be amended from time to time, then (1) the term “12 months” in the first and third paragraphs of Section 1 of this Agreement shall be replaced with “36 months” and (2) the term “one year” in Section 6 of this Agreement shall be replaced with “36 months.”
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Samples: Severance Pay Agreement (Asbury Automotive Group Inc)
Change of Control Arrangement. In the event that a Termination occurs at any time within two years after a Change of Control, then (1) the term "12 “6 months" ” in the first and third paragraphs of Section 1 of this agreement shall be replaced with "36 “12 months" ”, and (2) the term "one year" “6 months” in Section 5 and Section 6 of this agreement shall be replaced with "36 months"“one year”. For purposes of this Section, "“Change of Control" ” shall having the meaning ascribed to such term in Xxxxxx'x Xxxxxx’x 2002 Stock Option Plan, as such plan may be amended from time to time.
Appears in 1 contract
Samples: Severance Pay Agreement (Asbury Automotive Group Inc)