Common use of Executive Termination Event Clause in Contracts

Executive Termination Event. If at any time during the two year period commencing on the date of a Change in Control, the Company or the Executive terminates his employment following the occurrence of one or more of the following events (each, an "Executive Termination Event"), the Executive shall be entitled to the severance benefits provided in Section 5.7 below:

Appears in 6 contracts

Samples: Employment Agreement (La Quinta Properties Inc), Employment Agreement (La Quinta Properties Inc), Employment Agreement (La Quinta Properties Inc)

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Executive Termination Event. If at any time during the two two-year period commencing on the date of a Change in Control, the Company or the Executive terminates his Executive's employment following the occurrence of one or more of the following events (each, an "Executive Termination Event"), the Executive shall be entitled to the severance benefits provided in Section 5.7 4 below:

Appears in 6 contracts

Samples: And Restated Agreement (Red Roof Inns Inc), Agreement (Red Roof Inns Inc), And Restated Agreement (Red Roof Inns Inc)

Executive Termination Event. If at any time during the two year period commencing on the date of a Change in Control, the Company or the Executive terminates his employment following the occurrence of one or more of the following events (each, an "Executive Termination Event"), the Executive shall be entitled to the severance benefits provided in Section 5.7 below:

Appears in 2 contracts

Samples: Employment Agreement (Meditrust Operating Co), Employment Agreement (Meditrust Operating Co)

Executive Termination Event. If at any time during the two year period commencing on the date of a Change in Control, the Company or the Executive terminates his employment following the occurrence of one or more of the following events (each, an "Executive Termination Event"), the Executive shall be entitled to the severance benefits provided in Section 5.7 below:

Appears in 2 contracts

Samples: Employment Agreement (La Quinta Corp), Employment Agreement (La Quinta Corp)

Executive Termination Event. If at any time during the two year period commencing on the date of a Change in Control, the Company or the Executive terminates his her employment following the occurrence of one or more of the following events (each, an "Executive Termination Event"), the Executive shall be entitled to the severance benefits provided in Section 5.7 below:

Appears in 1 contract

Samples: Employment Agreement (La Quinta Properties Inc)

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Executive Termination Event. If at any time during the two one year period commencing on the date of a Change in Control, the Company or the Executive terminates his employment following the occurrence of one or more of the following events (each, an "Executive Termination Event"), the Executive shall be entitled to the severance benefits provided in Section 5.7 3.7 below:

Appears in 1 contract

Samples: Employment Agreement (Probex Corp)

Executive Termination Event. If at any time during the two year period commencing on the date of a Change in ControlControl (except as provided in clause (ii)(5) below to which the time period stated therein shall apply), the Company or the Executive terminates his employment following the occurrence of one or more of the following events (each, an "Executive Termination Event"), the Executive shall be entitled to the severance benefits provided in Section 5.7 below:

Appears in 1 contract

Samples: Employment Agreement (La Quinta Holdings Inc.)

Executive Termination Event. If at any time during the two year period commencing on the date of a Change in ControlControl (except as provided in clause (ii)(5) below to which the time period stated therein shall apply), the Company or the Executive terminates his employment following the occurrence of one or more of the following events (each, an "Executive Termination Event"), the Executive shall be entitled to the severance benefits provided in Section 5.7 below:

Appears in 1 contract

Samples: Employment Agreement (La Quinta Properties Inc)

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