Common use of Delayed Termination Clause in Contracts

Delayed Termination. One year after the date that a Change in Control is ------------------- effective you will have 30 days to resign your employment (whether or not such resignation qualifies as a Resignation for Good Reason) and receive (a) fifty percent of the CIC Severance Payments and (b) the payments contemplated by Paragraph 2 of this Part Two. In addition, Paragraphs 3, 5, 6 and 7 of this Part Two shall apply when applicable. All payments required hereunder shall be made at the times provided in the Paragraphs referred to herein. PART THREE -- MISCELLANEOUS PROVISIONS

Delayed Termination. One year after the date that a Change in ------------------- Control is ------------------- effective you will have 30 days to resign your employment (whether or not such resignation qualifies as a Resignation for Good Reason) and receive (a) fifty percent of the CIC Severance Payments and (b) the payments contemplated by Paragraph 2 of this Part Two. In addition, Paragraphs 3, 5, 6 and 7 of this Part Two shall apply when applicable. All payments required hereunder shall be made at the times provided in the Paragraphs referred to herein. PART THREE -- MISCELLANEOUS PROVISIONS."