Extension of Employment Period. Upon any Change in Control the Employment Period shall be immediately and without further action extended for a term of two (2) years following the Effective Date of the Change in Control and will expire at 12:00 o'clock midnight on the last day of the month following two (2) years after the Change in Control. Thereafter, the employment period will be extended for successive terms of one (1) year each, unless terminated, all in the manner specified in the Term of Employment Section pertaining to regular employment.
Appears in 7 contracts
Samples: Confidentiality Agreement (Pride International Inc), Pride International Inc, Pride International Inc
Extension of Employment Period. Upon any Change in Control Control, the Employment Period shall be immediately and without further action extended for a term of two (2) years following the Effective Date effective date of the Change in Control and will expire at 12:00 o'clock o’clock midnight on the last day of the month following two (2) years after the Change in Control. Thereafter, the employment period Employment Period will be extended for successive terms of one (1) year each, unless terminated, all in the manner specified in the Term of Employment Section pertaining to regular employment3.03.
Appears in 5 contracts
Samples: Confidentiality Agreement (Pride International Inc), Confidentiality Agreement (Pride International Inc), Confidentiality Agreement (Pride International Inc)
Extension of Employment Period. Upon any Change in Control Control, the Employment Period shall be immediately and without further action extended for a term of two (2) years following the Effective Date effective date of the Change in Control and will expire at 12:00 o'clock midnight on the last day of the month following two (2) years after the Change in Control. Thereafter, the employment period Employment Period will be extended for successive terms of one (1) year each, unless terminated, all in the manner specified in the Term of Employment Section pertaining to regular employment3.03.
Appears in 5 contracts
Samples: Option Agreement (Pride International Inc), Confidentiality Agreement (Pride International Inc), Option Agreement (Pride International Inc)
Extension of Employment Period. Upon any Change in Control the Employment Period shall be immediately and without further action extended for a term of two three (23) years following the Effective Date of the Change in Control and will expire at 12:00 o'clock midnight on the last day of the month following two three (23) years after the Change in Control. Thereafter, Thereafter the employment period Employment Period will be extended for successive terms of one (1) year each, unless terminated, all in the manner specified in the Term of Employment Section pertaining to regular employment.
Appears in 4 contracts
Samples: Pride International Inc, Pride International Inc, Pride International Inc
Extension of Employment Period. Upon any Change in Control the Employment Period shall be immediately and without further action extended for a term of two three (23) years following the Effective Date of the Change in Control and will expire at 12:00 o'clock midnight on the last day of the month following two three (23) years after the Change in Control. Thereafter, the employment period Employment Period will be extended for successive terms of one (1) year each, unless terminated, all in the manner specified in the Term of Employment Section pertaining to regular employment.
Appears in 3 contracts
Samples: Pride International Inc, Pride International Inc, Pride International Inc
Extension of Employment Period. Upon any Change in Control the Employment Period shall be immediately and without further action extended for a term of two three (23) years following the Effective Date of the Change in Control and will expire at 12:00 o'clock o’clock midnight on the last day of the month following two three (23) years after the Change in Control. Thereafter, the employment period Employment Period will be extended for successive terms of one (1) year each, unless terminated, all in the manner specified in the Term of Employment Section pertaining to regular employment3.03.
Appears in 1 contract
Extension of Employment Period. Upon any Change in Control the The Employment Period shall be immediately and without further action extended for a term of two (2) years following the Effective Date effective date of the Change in Control and will expire at 12:00 o'clock o’clock midnight on the last day of the month following two (2) years after the Change in Control; provided, however, that if the Change in Control is solely on account of a Limited Change in Control, the Employment Period shall be extended for one (1) year following the effective date of the Limited Change in Control. Thereafter, the employment period Employment Period will be extended for successive terms of one (1) year each, unless terminated, all in the manner specified in the Term of Employment Section pertaining to regular employment3.03.
Appears in 1 contract
Samples: Confidentiality Agreement (Pride International Inc)
Extension of Employment Period. Upon any Change in Control the Employment Period shall be immediately and without further action extended for a term of two (2) years following the Effective Date of the Change in Control and will expire at 12:00 o'clock o’clock midnight on the last day of the month following two (2) years after the Change in Control. Thereafter, the employment period will be extended for successive terms of one (1) year each, unless terminated, all in the manner specified in the Term of Employment Section pertaining to regular employment.
Appears in 1 contract
Samples: Pride International Inc
Extension of Employment Period. Upon any Change in Control the Employment Period shall be immediately and without further action extended for a term of two three (23) years following the Effective Date of the Change in Control and will expire at 12:00 o'clock o’clock midnight on the last day of the month following two three (23) years after the Change in Control. Thereafter, the employment period Employment Period will be extended for successive terms of one (1) year each, unless terminated, all in the manner specified in the Term of Employment Section pertaining to regular employment.
Appears in 1 contract
Samples: Confidentiality Agreement (Vantage Energy Services, Inc.)
Extension of Employment Period. Upon any Change in Control Control, the Employment Period shall be immediately and without further action extended for a term of two three (23) years following the Effective Date effective date of the Change in Control and will expire at 12:00 12 o'clock midnight on the last day of the month following two three (23) years after the Change in Control. Thereafter, the employment period Employment Period will be extended for successive terms of one (1) year each, unless terminated, all in the manner specified in the Term of Employment Section pertaining to regular employment3.03.
Appears in 1 contract
Samples: Pride International Inc