Common use of COMPANY'S ELECTION Clause in Contracts

COMPANY'S ELECTION. TO DECLARE COVERAGE UNDER THIS SECTION. If as of the date of termination the Control Change has not yet occurred, but the Company is within a period that will become a control change window upon the effective date of the applicable Control Change, the Company may elect nonetheless to treat the termination under this Section 4, by Notice to Executive.

Appears in 8 contracts

Samples: Employment Agreement (Orcad Inc), Employment Agreement (Orcad Inc), Employment Agreement (Orcad Inc)

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