Common use of For Certain Termination Following a Potential Change in Control Clause in Contracts

For Certain Termination Following a Potential Change in Control. If during the term of this Agreement, (i) a Potential Change in Control has occurred, (ii) your employment with the Company is terminated while the Potential Change in Control is pending either by the Company without Cause or by you for Good Reason and (iii) the termination of your employment (or the circumstances giving rise to Good Reason) was at the request of a third party who has taken steps reasonably calculated to effect a Change in Control or otherwise arose in connection with or anticipation of a Change in Control, then the Company will make the same payments and provide the same benefits set forth in Section 5(b) (substituting “Potential Change in Control” for all references to “Change in Control” in that Section).

Appears in 4 contracts

Samples: Change in Control Agreement (Regions Financial Corp), Change in Control Agreement (Regions Financial Corp), Change in Control Agreement (Regions Financial Corp)

AutoNDA by SimpleDocs

For Certain Termination Following a Potential Change in Control. If during the term of this Agreement, (i) a Potential Change in Control has occurred, (ii) your employment with the Company is terminated while the Potential Change in Control is pending either by the Company without Cause or by you for Good Reason and (iii) the termination of your employment (or the circumstances giving rise to Good Reason) was at the request of a third party who has taken steps reasonably calculated to effect a Change in Control or otherwise arose in connection with or anticipation of a Change in Control, then the Company will make the same payments and provide the same benefits set forth in Section 5(b4(b) (substituting “Potential Change in Control” for all references to “Change in Control” in that Section).

Appears in 4 contracts

Samples: Change in Control Agreement (Regions Financial Corp), Change in Control Agreement (Regions Financial Corp), Change in Control Agreement (Regions Financial Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!