Common use of Compensation Prior to a Change in Control Clause in Contracts

Compensation Prior to a Change in Control. Prior to a Change in Control the Company agrees to pay Employee compensation for his services in an amount, and to provide him with life insurance, disability, health and other benefits, as agreed between Employee and the Company from time to time. For the purpose of this Section, compensation does not include any bonus or other incentive compensation plan or stock purchase plan, which may vary from year to year at the discretion of the Company.

Appears in 7 contracts

Samples: Employment Agreement (Amcol International Corp), Employment Agreement (Amcol International Corp), Employment Agreement (Amcol International Corp)

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Compensation Prior to a Change in Control. Prior to a Change in Control the Company agrees to pay Employee compensation for his services in an amount, and to provide him with life insurance, disability, health and other benefits, at least equal to that which he presently receives, only with such changes as shall be agreed upon between Employee and the Company from time to timeCompany. For the purpose of this Section, compensation does not include any bonus or other incentive compensation plan or stock purchase plan, which may vary from year to year at the discretion of the Company.

Appears in 5 contracts

Samples: Employment Agreement (Amcol International Corp), Employment Agreement (Amcol International Corp), Employment Agreement (Amcol International Corp)

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Compensation Prior to a Change in Control. Prior to a Change in Control the Company agrees to pay Employee compensation for his services in an amount, and to provide him with life insurance, disability, health and other benefits, as agreed between Employee and set by the Company from time to time. For the purpose of this Section, compensation does not include any bonus or other incentive compensation plan or stock purchase plan, which may vary from year to year at the discretion of the Company.

Appears in 5 contracts

Samples: Employment Agreement (Amcol International Corp), Employment Agreement (Amcol International Corp), Employment Agreement (Amcol International Corp)

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