Common use of Following a Change in Control Clause in Contracts

Following a Change in Control. Notwithstanding anything to the contrary contained herein, if, within 24 months following a Change in Control, the Executive’s employment with the Control Group is terminated without Cause or if the Executive terminates employment with the Control Group within sixty (60) days after the occurrence of a Good Reason event with regard to the Executive, (i) the Executive shall receive his Severance Benefit as provided in Section 8(f) below and (ii) the restrictions on Competition and no-hire contained in Sections 9(a)(i) and 9(b), respectively, shall not apply.

Appears in 7 contracts

Samples: Executive Employment Agreement (Foot Locker Inc), Senior Executive Employment Agreement (Foot Locker Inc), Senior Executive Employment Agreement (Foot Locker Inc)

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