Common use of Change of Control Termination Payment Clause in Contracts

Change of Control Termination Payment. In the event of a termination pursuant to Section 6.2, without further action by the Board, the Company shall, within thirty (30) days of such termination, make a lump sum payment to the Executive, equal to two (2) years' Base Salary.

Change of Control Termination Payment. In the event of a termination pursuant to Change of Control Termination as defined in Section 6.26.1.2, without further action by the Board, the Company shall, within thirty (30) days of such termination, make a lump sum payment to the Executive, equal to two (2) years' Base Salary.

Change of Control Termination Payment. In the event of a termination pursuant to Change of Control Termination as defined in Section 6.26.1.2, without further action by the Board, the Company shall, within thirty (30) days of such termination, make a lump sum payment to the Executive, equal to two one (21) years' Base Salary.

Change of Control Termination Payment. In the event of a termination pursuant to Section 6.2, without further action by the Board, the Company shall, within thirty (30) days of such termination, make a lump sum payment to the Executive, equal to two (2) years' the Base SalarySalary for the remaining term of the Agreement. The remaining term of the Agreement is defined as the difference between the last day of the Agreement as defined in Section 2.3 and the date the Agreement was terminated as defined by the written notice.

Change of Control Termination Payment. In the event of a termination pursuant to Section 6.2, without further action by the Board, the Company shall, within thirty (30) days of such termination, make a lump sum payment to the Executive, equal to two one (21) years' year's Base Salary.