Common use of Change of Control Termination Clause in Contracts

Change of Control Termination. A “Change of Control Termination” shall mean the termination of the Executive Officer’s employment with the Sterling Entities (or any Parent Corporation or Surviving Corporation), within a two-year period commencing on the effective date of a Change of Control, due to (i) an Involuntary Termination or (ii) a termination for Good Reason.

Appears in 7 contracts

Samples: Severance and Non Competition Agreement (Sterling Bancshares Inc), Severance and Non Competition Agreement (Sterling Bancshares Inc), Severance and Non Competition Agreement (Sterling Bancshares Inc)

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Change of Control Termination. A "Change of Control Termination” shall mean " means the termination occurrence of any of the Executive Officer’s following within 24 months after a Change of Control (as defined below): (a) the Executive's employment with the Sterling Entities Company is terminated by the Executive pursuant to a Termination for Good Reason (or any Parent Corporation or Surviving Corporationas defined below), within a two-year period commencing on the effective date of a Change of Control, due to (i) an Involuntary Termination ; or (iib) a termination the Executive's employment with the Company is terminated by the Company for Good Reasonany reason other than death, Disability or for Cause.

Appears in 6 contracts

Samples: Employment Agreement (C&d Technologies Inc), Employment Agreement (C&d Technologies Inc), Employment Agreement (C&d Technologies Inc)

Change of Control Termination. A “Change of Control Termination” shall mean the termination of the Executive Officer’s employment with the Sterling Entities (or any Parent Corporation or Surviving Corporation)Entities, within a two-year period commencing on the effective date of a Change of Control, due to (i) an Involuntary Termination or (ii) a termination for Good Reason.

Appears in 1 contract

Samples: Severance and Non Competition Agreement (Sterling Bancshares Inc)

Change of Control Termination. A "Change of Control Termination” shall mean " means, during the termination of the Executive Officer’s employment with the Sterling Entities (or any Parent Corporation or Surviving Corporation), within a two-year period commencing beginning on the effective date of a Change of ControlControl and ending on the earlier of the two-year anniversary thereof or October 1, due to (i) an Involuntary Termination or (ii) a 2010, any termination by the Executive for Good Reason.Reason or any involuntary termination of the Executive's employment by United other than for Cause, Disability or death. A "Change of Control" means the first of the following events to occur:

Appears in 1 contract

Samples: Employment Agreement (Ual Corp /De/)

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Change of Control Termination. A "Change of Control Termination" shall mean the termination of the Executive Officer’s 's employment with the Sterling Entities (or any Parent Corporation or Surviving Corporation), within a two-year period commencing on the effective date of a Change of Control, due to (i) an Involuntary Termination or (ii) a termination for Good Reason.

Appears in 1 contract

Samples: Severance and Non Competition Agreement (Sterling Bancshares Inc)

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