Compensation and Benefits not until. The Parties acknowledge and agree that no compensation or benefits shall be payable to the Executive hereunder unless and until there shall have occurred both: (i) a Change in Control of the Corporation; and (ii) the termination of the Executive’s employment by the Corporation without Cause or by the Executive for Good Reason, in accordance with the terms of this Agreement.
Appears in 4 contracts
Samples: Change in Control Agreement (Encana Corp), Change in Control Agreement (Encana Corp), Change in Control Agreement (Encana Corp)
Compensation and Benefits not until. The Parties acknowledge and agree that no compensation or benefits shall be payable to the Executive hereunder unless and until there shall have occurred both: both (i) a Change in Control of the Corporation; Corporation and (ii) the termination of the Executive’s employment by the Corporation without Cause or by the Executive for Good Reason, Reason in accordance with the terms of this Agreement.
Appears in 3 contracts
Samples: Change in Control Agreement (Encana Corp), Change in Control Agreement (Encana Corp), Change in Control Agreement (Encana Corp)
Compensation and Benefits not until. The Parties parties acknowledge and agree that no compensation or benefits shall be payable to the Executive hereunder unless and until there shall have occurred both: both (i) a Change in Control of the Corporation; Corporation and (ii) the termination of the Executive’s 's employment by the Corporation without Cause or by the Executive for Good Reason, Disability in accordance with the terms Terms of this Agreement.
Appears in 1 contract