Common use of Covered Termination Prior to a Change in Control or More Than Twelve Months After a Change in Control Clause in Contracts

Covered Termination Prior to a Change in Control or More Than Twelve Months After a Change in Control. If Executive’s employment with the Corporation is terminated due to a Covered Termination which occurs prior to a Change in Control or more than twelve (12) months following a Change in Control, and Executive executes and does not revoke a Release as described in Section 3(d) below, then Executive shall be entitled to the following severance benefits:

Appears in 3 contracts

Samples: Retention Agreement (Hansen Medical Inc), Retention Agreement (Hansen Medical Inc), Retention Agreement (Hansen Medical Inc)

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Covered Termination Prior to a Change in Control or More Than Twelve Months After a Change in Control. If Executive’s employment with the Corporation is terminated not less than six (6) months after the Employment Commencement Date due to a Covered Termination which occurs prior to a Change in Control or more than twelve (12) months following a Change in Control, and Executive executes and does not revoke a Release as described in Section 3(d) below, then Executive shall be entitled to the following severance benefits:

Appears in 1 contract

Samples: Retention Agreement (Hansen Medical Inc)

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