Company Decision to not Renew Agreement. If during the two-year period beginning with January 1 of the year following the date the Company gives to the Executive a non-extension notice under Section 2.1, the Company terminates the Executive without Cause or the Executive terminates his employment for Good Reason, then the Executive shall be entitled to the same benefits as are provided under Section 3.1.
Appears in 8 contracts
Samples: Severance and Change of Control Agreement (Cal Dive International, Inc.), Severance and Change of Control Agreement (Cal Dive International, Inc.), Severance and Change of Control Agreement (Cal Dive International, Inc.)
Company Decision to not Renew Agreement. (a) If during the twoone-year period beginning with January 1 immediately following the expiration of the year following the date term of this Agreement as a result of the Company gives having given to the Executive a non-extension notice under Section 2.1, the Company terminates the Executive Executive’s employment without Cause or the Executive terminates his employment for Good ReasonReason prior to a Change of Control, then the Executive shall be entitled to the same benefits as are provided under Section 3.1.
Appears in 1 contract
Samples: Severance and Change of Control Agreement (Pacific Drilling S.A.)
