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) 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, and then, subject to Section 9(c) and Section 9(h), Executive shall receive the following severance from the Company:

Appears in 3 contracts

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

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Involuntary Termination Following a Change of Control. If within eighteen twelve (1812) months following a Change of Control (X)(ii) Executive the Employee terminates his or her employment with the Company (or any parent or subsidiary of the Company) for "Good Reason Reason" (as defined herein) or (ii) the Company (or any parent or subsidiary of the Company) terminates Executive’s the Employee's employment for other than "Cause" (as defined herein), and (Y) subject to Section 9(b) providing that Executive the Employee signs and does not revoke a standard release of claims with the Company in a form reasonably acceptable to the Company, and then, subject to Section 9(c) and Section 9(h), Executive then the Employee shall receive the following severance from the Company:

Appears in 2 contracts

Samples: Change of Control Severance Agreement (Digitalthink Inc), Change of Control Severance Agreement (Digitalthink 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, and then, subject to Section 9(c) and Section 9(h), Executive shall receive the following severance from the Company:

Appears in 2 contracts

Samples: Executive Employment Agreement (NeurogesX Inc), 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) 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, and then, then subject to Section 9(c) and Section 9(h), Executive shall receive the following severance from the Company:

Appears in 2 contracts

Samples: Executive Employment Agreement (NeurogesX Inc), 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, and then, subject to Section 9(c9(b) and Section 9(h9(g), 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) 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, and then, then subject to Section 9(c) and Section 9(h), ) 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) 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, and then, subject to Section 9(c) and Section 9(h), ) Executive shall receive the following severance from the Company:

Appears in 1 contract

Samples: Executive Employment Agreement (NeurogesX 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) 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, and then, then subject to Section 9(c) and Section 9(h), 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) 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, and then, subject to Section 9(c9(b) and Section 9(h9(g), 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)(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, and then, subject to Section 9(c9(b) and Section 9(h9(g), Executive shall receive the following severance from the Company:

Appears in 1 contract

Samples: Executive Employment Agreement (NeurogesX Inc)

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