Common use of Involuntary Termination During a Change of Control Period Clause in Contracts

Involuntary Termination During a Change of Control Period. If Executive’s employment by the Company, any subsidiary thereof, the Parent or any successor to any of the foregoing shall be subject to an Involuntary Termination during a Change of Control Period, then the Company shall, as additional compensation for services rendered to the Company (including its subsidiaries and the Parent), pay to Executive the following amounts and take the following actions after the last day of Executive’s employment with the Company:

Appears in 23 contracts

Samples: Employment Agreement (Northern Tier Energy LP), Employment Agreement (Northern Tier Energy LP), Employment Agreement (Western Refining, Inc.)

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Involuntary Termination During a Change of Control Period. If Subject to the provisions of Section 5.5, 5.6 and 5.7, if Executive’s employment by the Company, Company or any subsidiary thereof, the Parent thereof or any successor to any of the foregoing thereto shall be subject to an Involuntary Termination during a Change of Control Period, then the Company shall, as additional compensation for services rendered to the Company (including its subsidiaries and the Parentsubsidiaries), pay to Executive the following amounts and take the following actions after the last day of Executive’s employment with the Companyactions:

Appears in 15 contracts

Samples: Employment Agreement (Concho Resources Inc), Employment Agreement (Concho Resources Inc), Employment Agreement (Concho Resources Inc)

Involuntary Termination During a Change of Control Period. If Subject to the provisions of Section 5.6 hereof, if Executive’s employment by the Company, Company or any subsidiary thereof, the Parent thereof or any successor to any of the foregoing thereto shall be subject to an Involuntary Termination during a Change of Control Period, then the Company shall, as additional compensation for services rendered to the Company (including its subsidiaries and the Parentsubsidiaries), pay to Executive the following amounts and take the following actions after the last day of Executive’s employment with the Company:

Appears in 6 contracts

Samples: Employment Agreement (Superior Well Services, INC), Employment Agreement (Superior Well Services, INC), Release Agreement (Superior Well Services, INC)

Involuntary Termination During a Change of Control Period. If Subject to the provisions of Sections 5.6 and 5.7, if Executive’s employment by the Company, any subsidiary thereof, the Parent Company or any successor to any of the foregoing thereto shall be subject to an Involuntary Termination during a Change of Control Period, then the Company shall, as additional compensation for services rendered to the Company (including its subsidiaries and the Parentsubsidiaries), pay to Executive the following amounts and take the following actions after the last day of Executive’s employment with the Companyactions:

Appears in 2 contracts

Samples: Employment Agreement (Petro Resources Corp), Employment Agreement (Petro Resources Corp)

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Involuntary Termination During a Change of Control Period. If Executive’s employment by the Company, Company or any subsidiary thereof, the Parent thereof or any successor to any of the foregoing thereto shall be subject to an Involuntary Termination during a Change of Control Period, then the Company shall, as additional all compensation for services rendered to the Company (including its subsidiaries and the Parent), pay all benefits to Executive the following amounts and take the following actions after the last day hereunder shall terminate contemporaneously with such termination of Executive’s employment with the Company:employment, except that

Appears in 1 contract

Samples: Employment Agreement (Superior Well Services, INC)

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