Common use of Involuntary Termination Following a Change in Control Clause in Contracts

Involuntary Termination Following a Change in Control. If the Employee’s employment terminates as a result of Involuntary Termination that occurs on or within twelve (12) months following a Change in Control, and provided the Employee has satisfied the Release requirement provided in Section 4, then subject to the payment timing rules in Section 11(h), the Company will provide the Employee the following severance benefits:

Appears in 6 contracts

Samples: Retention Agreement, Retention Agreement (Neophotonics Corp), Retention Agreement (Neophotonics Corp)

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Involuntary Termination Following a Change in Control. If the Employee’s employment terminates as a result of Involuntary Termination that occurs on or within twelve (12) months following a Change in of Control, and provided the Employee has satisfied the provides a valid and effective Release requirement provided in Section 4, then subject to the payment timing rules in Section 11(h)of Claims not later than sixty (60) days after such termination, the Company will provide pay the Employee the following severance benefits:

Appears in 4 contracts

Samples: Severance Rights Agreement (Neophotonics Corp), Severance Rights Agreement (Neophotonics Corp), Severance Rights Agreement (Neophotonics Corp)

Involuntary Termination Following a Change in Control. If the Employee’s employment terminates as a result of Involuntary Termination that occurs on or within twelve (12) months following a Change in Control, and provided the Employee has satisfied the provides a valid and effective Release requirement provided in Section 4, then subject to the payment timing rules in Section 11(h)of Claims not later than sixty (60) days after such termination, the Company will provide pay the Employee the following severance benefits:

Appears in 4 contracts

Samples: Severance Rights Agreement, Severance Rights Agreement (Neophotonics Corp), Severance Rights Agreement (Neophotonics Corp)

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Involuntary Termination Following a Change in Control. If the Employee’s employment terminates as a result of an Involuntary Termination that occurs on or within twelve (12) months following a Change in Control, and provided the Employee has satisfied the Release requirement provided in Section 4, then subject to the payment timing rules in Section 11(h), the Company will provide the Employee the following severance benefits:

Appears in 3 contracts

Samples: Retention Agreement (Neophotonics Corp), Retention Agreement (Neophotonics Corp), Amendment to Retention Agreement (Neophotonics Corp)

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