Common use of Employment with Affiliates Clause in Contracts

Employment with Affiliates. Employment with the Company for purposes of this Agreement includes employment with any entity in which the Company has a direct or indirect ownership interest of 50% or more of the total combined voting power of all outstanding equity interests, and employment with any entity which has a direct or indirect interest of 50% or more of the total combined voting power of all outstanding equity interests of the Company. For purposes of this Agreement, "Good Reason" shall be construed to refer to Executive's positions, duties, and responsibilities in the position or positions in which Executive serves immediately before the Change of Control, but shall not include titles or positions with subsidiaries and affiliates of the Company that are held primarily for administrative convenience.

Appears in 7 contracts

Samples: Executive Agreement (Oil States International Inc), Executive Agreement (Oil States International Inc), Executive Agreement (Oil States International Inc)

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Employment with Affiliates. Employment with the Company for purposes of this Agreement includes includes, but is not limited to, employment with any entity in which the Company has a direct or indirect ownership interest of 50% or more of the total combined voting power of all outstanding equity interests, and employment with any entity which has a direct or indirect interest of 50% or more of the total combined voting power of all outstanding equity interests of the Company. For , it being understood that for purposes of this AgreementSection 4 hereof, "Good Reason" shall be construed to refer to the Executive's positions, ’s duties, responsibilities and responsibilities in the position or positions in which Executive serves authority immediately before the a Change of in Control, but shall not include titles or positions with subsidiaries and affiliates of the Company that are held primarily for administrative convenience.

Appears in 3 contracts

Samples: Executive Severance Agreement (EnergySolutions, Inc.), Executive Severance Agreement (EnergySolutions, Inc.), Executive Severance Agreement (EnergySolutions, Inc.)

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Employment with Affiliates. Employment with the Company for purposes of this Agreement includes employment with any entity in which the Company has a direct or indirect ownership interest of 50% or more of the total combined voting power of all outstanding equity interests, and employment with any entity which has a direct or indirect interest of 50% or more of the total combined voting power of all outstanding equity interests of the Company. For purposes of this Agreement, "Good Reason" shall be construed to refer to Executive's ’s positions, duties, and responsibilities in the position or positions in which Executive serves immediately before the Change of Control, but shall not include titles or positions with subsidiaries and affiliates of the Company that are held primarily for administrative convenience.

Appears in 2 contracts

Samples: Executive Agreement (Oil States International, Inc), Executive Agreement (Oil States International Inc)

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