Common use of Change of Control Severance Package Clause in Contracts

Change of Control Severance Package. In the event Executive’s employment under this Agreement is terminated during the Term, after a Change of Control (as defined below) and prior to the thirty (30) day period immediately following the first anniversary of the Change of Control, (x) by the Company other than for Cause or (y) by Executive for Good Reason, then:

Appears in 7 contracts

Samples: Employment Agreement (Daystar Technologies Inc), Employment Agreement (Daystar Technologies Inc), Employment Agreement (Daystar Technologies Inc)

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Change of Control Severance Package. In the event Executive’s employment under this Agreement is terminated during the Term, after a Change of Control (as defined below) and prior to the thirty (30) day period immediately following the first anniversary of the Change of Control, (x) by the Company other than for Cause or (y) by Executive for Good Reason, then:

Appears in 3 contracts

Samples: Employment Agreement (Daystar Technologies Inc), Employment Agreement (Daystar Technologies Inc), Employment Agreement (Daystar Technologies Inc)

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