Common use of Change of Control Period Clause in Contracts

Change of Control Period. The "Change of Control Period" is the period commencing on the date hereof and ending on the first anniversary of such date; provided, however, that the Change of Control Period shall extend automatically for an additional day at the end of each day during the Change of Control Period so that the Change of Control Period is always the shorter of one (1) year or Executive's Normal Retirement Date.

Appears in 2 contracts

Samples: Change of Control Severance Agreement (Synaptics Inc), Change of Control Severance Agreement (Synaptics Inc)

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Change of Control Period. The "Change of Control Period" is the period commencing on the date hereof of this Agreement and ending on the earlier to occur of (i) the Expiration Date, or (ii) the first anniversary day of such date; provided, however, that the month coinciding with or next following the Executive's 65th birthday. The expiration of the Change of Control Period shall extend automatically for an additional day at not limit the end of each day during Corporation's obligation to provide, or the Change of Control Period so that the Change of Control Period is always the shorter of one (1) year or Executive's Normal Retirement Dateright to collect, payments and benefits pursuant to Section 5 and Section 10 hereof.

Appears in 2 contracts

Samples: Severance Agreement (Hancock Fabrics Inc), Severance Agreement (Hancock Fabrics Inc)

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Change of Control Period. The "Change of Control Period" is the period commencing on the date hereof and ending on the first anniversary of such date; provided, however, that the Change of Control Period shall extend automatically for an additional day at the end of each day during the Change of Control Period so that the Change of Control Period is always the shorter of one (1) year or Executive's ’s Normal Retirement Date.

Appears in 1 contract

Samples: Change of Control Severance Agreement (Synaptics Inc)

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