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

Involuntary Termination Following a Change of Control. If within eighteen (18) months following a Change of Control (X)(i) Executive terminates his or her employment with the Company (or any parent or subsidiary of the Company) for Good Reason or (ii) the Company (or any parent or subsidiary of the Company) terminates Executive’s employment for other than Cause, and (Y) Executive signs and does not revoke a standard release of claims with the Company in a form reasonably acceptable to the Company, then Executive shall receive the following severance from the Company:

Appears in 10 contracts

Samples: Executive Employment Agreement (Cytokinetics Inc), Executive Employment Agreement (NeurogesX Inc), Executive Employment Agreement (NeurogesX Inc)

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Involuntary Termination Following a Change of Control. If (i) within eighteen twelve (1812) months following a Change of Control Control, (X)(i) Executive terminates his or her employment with the Company (or any parent or subsidiary of the Company) for Good Reason or (iiA) the Company (or any parent or subsidiary of the Company) terminates Executive’s employment for other than without Cause, or (B) Executive resigns his or her employment as a result of a Constructive Termination, and (Yii) Executive signs and does not revoke a standard release of claims with the Company in a form reasonably acceptable to the Company, then Executive shall will receive the following severance from the Company:

Appears in 7 contracts

Samples: Change of Control Severance Agreement (Infinera Corp), Change of Control Severance Agreement (Infinera Corp), Change of Control Severance Agreement (Infinera Corp)

Involuntary Termination Following a Change of Control. If within eighteen (18) months following a Change of Control Control: (X)(ii) Executive terminates his or her employment with the Company (or any parent or subsidiary of the Company) for Good Reason or Reason, or (ii) the Company (or any parent or subsidiary of the Company) terminates Executive’s employment for other than Cause, and (Y) Executive signs and does not revoke a standard release of claims with the Company in a form reasonably acceptable to the Company, then Executive shall receive the following severance from the Company:; and

Appears in 2 contracts

Samples: Executive Employment Agreement (Cytokinetics Inc), Executive Employment Agreement (Cytokinetics Inc)

Involuntary Termination Following a Change of Control. If within eighteen twelve (1812) months following a Change of Control Control, (X)(i) Executive terminates his or her employment with the Company (or any parent or subsidiary of the Company) for Good Reason or (iiA) the Company (or any parent or subsidiary of the Company) terminates Executive’s employment for other than without Cause, and or (YB) Executive signs and does not revoke resigns his or her employment as a standard release result of claims with the Company in a form reasonably acceptable Constructive Termination, then, subject to the CompanySection 4, then Executive shall will receive the following severance from the Company:

Appears in 2 contracts

Samples: Change of Control Severance Agreement (Infinera Corp), Change of Control Severance Agreement (Infinera Corp)

Involuntary Termination Following a Change of Control. If within eighteen twelve (1812) months following a Change of Control (X)(i) Executive terminates his or her employment with the Company (or any parent or subsidiary of the Company) for Good Reason or (ii) the Company (or any parent or subsidiary of the Company) terminates Executive’s employment for other than without Cause, and (Y) Executive signs and does not revoke a standard release of claims with the Company in a form reasonably acceptable to the Company, then Executive shall will receive the following severance from the Company:

Appears in 2 contracts

Samples: Change of Control Severance Agreement (Infinera Corp), Change of Control Severance Agreement (Infinera Corp)

Involuntary Termination Following a Change of Control. If within eighteen twelve (1812) months following a Change of Control (X)(ii) Executive terminates his or her employment with the Company (or any parent or subsidiary of the Company) for Good Reason or (ii) the Company (or any parent or subsidiary of the Company) terminates Executive’s 's employment for other than Cause, and (Y) Executive signs and does not revoke a standard release of claims with the Company in a form reasonably acceptable to the Company, then Executive shall receive the following severance from the Company:

Appears in 1 contract

Samples: Change of Control Severance Agreement (Solectron Corp)

Involuntary Termination Following a Change of Control. If within eighteen (18) months following a Change of Control Control. (X)(iX) (i) Executive terminates his or her employment with the Company (or any parent or subsidiary of the Company) for Good Reason or (ii) the Company (or any parent or subsidiary of the Company) terminates Executive’s employment for other than Cause, and (Y) subject to Section 9(b) providing that Executive signs and does not revoke a standard release of claims with the Company in a form reasonably acceptable to the Company, then and then, subject to Section 9(c). Executive shall receive the following severance from the Company:

Appears in 1 contract

Samples: Executive Employment Agreement (NeurogesX Inc)

Involuntary Termination Following a Change of Control. If within eighteen twelve (1812) months following a Change of Control (X)(ii) Executive terminates his or her employment with the Company (or any parent parent, subsidiary or subsidiary successor of the Company) for Good Reason Reason” (as defined herein) or (ii) the Company (or any parent parent, subsidiary or subsidiary successor of the Company) terminates Executive’s employment for other than without “Cause” (as defined herein), and (Y) Executive signs and does not revoke a standard the release of claims with the Company in a form reasonably acceptable to the Companyrequired by Section 4, then Executive shall will receive the following severance benefits from the Company:

Appears in 1 contract

Samples: Change of Control Severance Agreement (Outdoor Channel Holdings Inc)

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Involuntary Termination Following a Change of Control. If within eighteen (18) months following a Change of Control (X)(iX) (i) Executive terminates his or her employment with the Company (or any parent or subsidiary of the Company) for Good Reason or (ii) the Company (or any parent or subsidiary of the Company) terminates Executive’s employment for other than Cause, and (Y) Executive signs and does not revoke a standard release of claims with the Company in a form reasonably acceptable to the Company, then Executive shall receive the following severance from the Company:

Appears in 1 contract

Samples: Executive Employment Agreement (NeurogesX Inc)

Involuntary Termination Following a Change of Control. If within eighteen (18) months following a Change of Control Control. (X)(i) Executive terminates his or her employment with the Company (or any parent or subsidiary of the Company) for Good Reason or (ii) the Company (or any parent or subsidiary of the Company) terminates Executive’s employment for other than Cause, and (Y) subject to Section 9(b) providing that Executive signs and does not revoke a standard release of claims with the Company in a form reasonably acceptable to the Company, then and then, subject to Section 9(c). Executive shall receive the following severance from the Company:

Appears in 1 contract

Samples: Executive Employment Agreement (NeurogesX Inc)

Involuntary Termination Following a Change of Control. If within eighteen (18) months following a Change of Control (X)(i) Executive terminates his or her employment with the Company (or any parent or subsidiary of the Company) for Good Reason or (ii) the Company (or any parent or subsidiary of the Company) terminates Executive’s employment for other than Cause, and (Y) Executive signs and does not revoke a standard release of claims with the Company in a form reasonably acceptable to the Company, then Executive shall will receive the following severance from the Company:

Appears in 1 contract

Samples: Executive Employment Agreement (Cytokinetics Inc)

Involuntary Termination Following a Change of Control. If on or within eighteen (18) months following a Change of Control Control: (X)(ii) Executive terminates his or her employment with the Company (or any parent or subsidiary of the Company) for Good Reason or Reason, or (ii) the Company (or any parent or subsidiary of the Company) terminates Executive’s employment for other than Cause, Cause (and (Y) Executive signs and does not revoke other than as a standard release result of claims with the Company in a form reasonably acceptable to the Company, then Executive shall receive the following severance from the Company:Executive’s death or Disability);

Appears in 1 contract

Samples: Executive Employment Agreement (Cytokinetics Inc)

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