Common use of Good Reason or Without Cause Prior to a Change in Control or More Than Two Years Following a Change in Control Clause in Contracts

Good Reason or Without Cause Prior to a Change in Control or More Than Two Years Following a Change in Control. If Executive’s employment is terminated by Executive for Good Reason, or by the Company without Cause, provided each occurs prior to a Change in Control or more than two (2) years following a Change in Control, then, subject to the Release requirement set forth in Section 7(d)(i)(F) below, the Company shall pay to Executive a lump sum payment in cash equal to the aggregate of the following amounts under Section 7(d)(i)(A), (B) and (C) below on the thirtieth (30th) day following the Date of Termination and provide the other benefits provided below:

Appears in 3 contracts

Samples: Employment Agreement (Dynex Capital Inc), Employment Agreement (Dynex Capital Inc), Employment Agreement (Dynex Capital Inc)

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Good Reason or Without Cause Prior to a Change in Control or More Than Two Years Following a Change in Control. If Executive’s employment is terminated by Executive for Good Reason, or by the Company without Cause, provided each occurs prior to a Change in Control or more than two (2) years following a Change in Control, then, subject to the Release requirement set forth in Section 7(d)(i)(F) below, the Company shall pay to Executive a lump sum payment in cash equal to the aggregate of the following amounts under Section Sections 7(d)(i)(A), (B) and (C) below on the thirtieth (30th) day following the Date of Termination and provide the other benefits provided below:

Appears in 3 contracts

Samples: Employment Agreement (Dynex Capital Inc), Employment Agreement (Dynex Capital Inc), Employment Agreement (Dynex Capital Inc)

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