IN CONTROL. The Executive may resign his employment hereunder prior to the expiration of the Term within six months following a Change in Control of the Company. In the event of such a resignation or in the event that at any time during the Term and following a Change of Control, the Company terminates the Executive's employment without Good Cause, in lieu of the Severance Payment to which the Executive is entitled under Section 11(a)(i) above, the Company shall pay the Executive as follows:
Appears in 4 contracts
Samples: Employment Agreement (Toymax International Inc), Employment Agreement (Toymax International Inc), Employment Agreement (Toymax International Inc)
