Continued Employment Following Change in Control or an Asset Sale. If a Change in Control or an Asset Sale occurs and the Senior Vice President is employed by the Company on the date the Change in Control or Asset Sale occurs (the “Change in Control Date”), the period beginning on the Change in Control Date and ending on the second (2nd) anniversary of such date shall be the “Change in Control Employment Period.”
Appears in 3 contracts
Samples: Severance Agreement (Carmax Inc), Severance Agreement (Carmax Inc), Severance Agreement (Carmax Inc)
Continued Employment Following Change in Control or an Asset Sale. If a Change in Control or an Asset Sale occurs and the Senior Vice President is employed by the Company on the date the Change in Control or Asset Sale occurs (the “Change in Control Date”), the period beginning on the Change in Control Date and ending on the second (2nd) anniversary of such date shall be the “Change in Control Employment Period.”
Appears in 2 contracts
Samples: Severance Agreement (Carmax Inc), Severance Agreement (Carmax Inc)
