Change of Control Bonus. In the event of a Change of Control, the Company shall, within thirty (30) days after occurrence of the Change of Control, pay Executive a lump sum amount equal to Executive’s then current annual Base Salary multiplied by two (2).
Appears in 4 contracts
Samples: Executive Employment Agreement (Vivakor, Inc.), Executive Employment Agreement (Vivakor, Inc.), Executive Employment Agreement (Vivakor, Inc.)
Change of Control Bonus. In the event of a Change of Control, the Company shall, within thirty (30) days after occurrence of the Change of Control, pay Executive a lump sum amount equal to the sum of two hundred percent (200%) of Executive’s then current annual Base Salary multiplied by two (2)Salary.
Appears in 3 contracts
Samples: Executive Employment Agreement (Weed, Inc.), Executive Employment Agreement (Weed, Inc.), Executive Employment Agreement (Weed, Inc.)
Change of Control Bonus. In the event of a Change of Control, the Company shall, within thirty (30) days after occurrence of .of the Change of Control, pay Executive a lump sum _amount equal to Executive’s 's then current annual Base Salary multiplied by two (2)arinual Base.Salary.
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Change of Control Bonus. In the event of a Change of Control, the Company shall, within thirty (30) days after occurrence of the Change of Control, pay Executive a lump sum amount equal to Executive’s then current annual Base Salary multiplied by two (2)Salary.
Appears in 1 contract
Change of Control Bonus. In the event of a Change of Control, the Company shall, within thirty (30) days after occurrence of the Change of Control, pay Executive a lump sum amount equal to Executive’s then current annual Base Salary multiplied by two Salary. The Executive agrees to waive any Change of Control Bonus that would be due to Executive for the closing of the Empire Merger or the Endeavor MIPA (2but Executive shall be entitled to the applicable Cash Transaction Bonus upon the closing of these transactions).
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