Compensation Upon Change in Control a. For purposes of the Agreement, "
Compensation Upon Change in Control. In the event of a Change in Control of the Company that results in: (i) Executive’s termination without Cause, or (ii) Executive’s resignation for “Good Reason,” which for purposes of this Agreement shall mean either (a) a material diminution in Executive’s duties, title or compensation, or (b) a requirement that Executive relocate more than fifty (50) miles from the Company’s Home Office location, any of which event occurs within one (1) year of the change in control (a “Triggering Event”), Executive will receive the following benefits within fourteen (14) days after receipt by the Company of a general release duly signed by the Executive that releases the Company from all of the Executive’s actual or potential claims against InterMune:
Compensation Upon Change in Control a. For purposes of this Agreement, a "Change in Control" of Employer shall be deemed to have occurred at such time as:
Compensation Upon Change in Control. Following a Change in Control of the Company, all options and shares of restricted stock granted or issued to you under the Company’s Amended and Restated 2003 Stock Incentive Plan or any other stock incentive plan of the Company shall become exercisable and vested in full on the date of the Change in Control.
Compensation Upon Change in Control. Notwithstanding any other provision in this Agreement, if there is a “change in control” of the Corporation (as hereinafter defined) during the Term of this Agreement, and within twelve (12) months thereafter, either (1) the Executive is terminated Without Cause (as hereinafter defined in section F) or (2) the Executive’s responsibilities are significantly reduced and, as a result, the Executive terminates his employment pursuant to section J, the Executive shall be entitled to the compensation and benefits set forth below.
Compensation Upon Change in Control. If a Change in Control occurs, the Company will pay the Executive a bonus of $125,000 six months after the closing of the transaction constituting a Change in Control occurs, subject to fulfillment of all the conditions described in Section 4.
Compensation Upon Change in Control. Notwithstanding any provision in the Agreement to the contrary, at the time of a Change in Control, the Employee shall have the option to resign from his position and receive a severance payment equal to two (2) times the Employee’s Base Salary in effect at the time of the resignation. In the event that the Employee does not resign, but the Employee is then terminated or forced to resign as a result of a Change in Control, whether immediately or, at any time during the term of the Agreement pursuant to Section 8(B) or 8(C) of the Agreement, the Employee shall receive a severance payment equal to two (2) times the Employee’s Base Salary in effect at the time the termination occurs.
Compensation Upon Change in Control. If your employment with the Company is terminated by the Company (other than for Cause, Disability or your death) or by you for Good Reason within twelve (12) months following a Change in Control of the Company, all options and shares of restricted stock granted or issued to you under the Company’s Amended and Restated 2003 Stock Incentive Plan or any other stock incentive plan of the Company shall become exercisable and vested in full on the Date of Termination.
Compensation Upon Change in Control. Notwithstanding any other provision in this Agreement, if there is a “change in control” of the Corporation (as hereinafter defined) during the Term of this Agreement and within twelve (12) months thereafter, either (1) the Executive is terminated Without Cause (as hereinafter defined in section F) or (2) the Executive’s responsibilities are significantly reduced and, as a result, the Executive terminates his employment pursuant to section J, the Executive shall be entitled to the compensation and benefits set forth below. For purposes of this provision, it shall not be considered a significant reduction in the Executive’s responsibilities if changes in these responsibilities are those that would be normally anticipated as a result of the Corporation becoming a subsidiary or a division of another company and thus no longer a separately traded public company, provided that the Executive has responsibilities that would customarily be associated with those of a president and chief executive officer of a subsidiary or a general manager of a division comparable to the Corporation.
Compensation Upon Change in Control. (i) If, within three years following a Change in Control, the employment of the Employee is terminated by the Employer other than for Disability or under circumstances described in section 5.4 above or if, within 180 days following a Change in Control, Employee terminates the employment pursuant to section 5.1 above or if the Employee terminates his employment for Good Reason (all subject to section 5 above), then Employer shall pay to the Employee as a lump sum on the fifth business day following his last day worked the amounts in clauses (a) through (d) below:
