Inducement Payments. A. Subject to the provisions of paragraph G of this Article FIRST, if a “Change in Control” (as hereinafter defined) shall occur, the Corporation shall pay to the Executive, in cash, the amount of $2,000,000, which amount shall be due and payable thirty (30) days after the occurrence of a Change in Control.
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Samples: Amended and Restated Agreement (MSC Industrial Direct Co Inc)
Inducement Payments. A. Subject to the provisions of paragraph G of this Article FIRST, if a “Change in Control” (as hereinafter defined) shall occur, the Corporation shall pay to the Executive, in cash, the amount of $2,000,000800,000, which amount shall be due and payable thirty (30) days after the occurrence of a Change in Control.
Appears in 1 contract
Samples: Amended and Restated Agreement (MSC Industrial Direct Co Inc)
Inducement Payments. A. Subject to the provisions of paragraph G of this Article FIRST, if a “"Change in Control” " (as hereinafter defined) shall occur, the Corporation shall pay to the Executive, in cash, the amount of $2,000,0001,200,000, which amount shall be due and payable thirty (30) days after the occurrence of a Change in Control.
Appears in 1 contract
Inducement Payments. A. Subject to the provisions of paragraph G of this Article FIRST, if a “"Change in Control” " (as hereinafter defined) shall occur, the Corporation shall pay to the Executive, in cash, the amount of $2,000,000, which amount shall be due and payable thirty (30) days after the occurrence of a Change in Control.
Appears in 1 contract
Inducement Payments. A. Subject to the provisions of paragraph G of this Article FIRST, if a “Change in Control” (as hereinafter defined) shall occur, the Corporation shall pay to the Executive, in cash, the amount of $2,000,000525,000, which amount shall be due and payable thirty (30) days after the occurrence of a Change in Control.
Appears in 1 contract
Samples: Amended and Restated Agreement (MSC Industrial Direct Co Inc)
Inducement Payments. A. Subject to the provisions of paragraph G of this Article FIRST, if a “Change in Control” (as hereinafter defined) shall occur, the Corporation shall pay to the Executive, in cash, the amount of $2,000,0001,200,000, which amount shall be due and payable thirty (30) days after the occurrence of a Change in Control.
Appears in 1 contract
Samples: Amended and Restated Agreement (MSC Industrial Direct Co Inc)