Involuntary Termination in Connection with a Change in Control. Notwithstanding anything contained herein, in the event of an Involuntary Termination prior to a Change in Control, if the Involuntary Termination (1) was at the request of a third party who has taken steps reasonably calculated to effect such Change in Control or (2) otherwise arose in connection with or in anticipation of such Change in Control, then the Executive shall, in lieu of the payments described in Section 4 hereof, be entitled to the Post-Change in Control Severance Payment and the additional benefits described in this Section 5 as if such Involuntary Termination had occurred within two (2) years following the Change in Control. The amounts specified in Section 5 that are to be paid under this Section 5(h) shall be reduced by any amount previously paid under Section 4. The amounts to be paid under this Section 5(h) shall be paid within sixty (60) days after the Change in Control Date of such Change in Control.
Appears in 21 contracts
Samples: Sempra Energy (San Diego Gas & Electric Co), Sempra Energy (San Diego Gas & Electric Co), Sempra Energy (San Diego Gas & Electric Co)
Involuntary Termination in Connection with a Change in Control. Notwithstanding anything contained herein, in the event of an Involuntary Termination prior to a Change in Control, if the Involuntary Termination (1) was at the request of a third party who has taken steps reasonably calculated to effect such Change in Control or (2) otherwise arose in connection with or in anticipation of such Change in Control, then the Executive shall, in lieu of the payments described in Section 4 hereof, be entitled to the Post-Change in Control Severance Payment and the additional benefits described in this Section 5 as if such Involuntary Termination had occurred within two (2) years following the Change in Control. The amounts specified in Section 5 that are to be paid under this Section 5(h5(g) shall be reduced by any amount previously paid under Section 4. The amounts to be paid under this Section 5(h5(g) shall be paid within sixty (60) days after the Change in Control Date of such Change in Control.
Appears in 18 contracts
Samples: Sempra Energy Severance Pay Agreement (Southern California Gas Co), Sempra Energy Severance Pay Agreement (San Diego Gas & Electric Co), Sempra Energy Severance Pay Agreement (San Diego Gas & Electric Co)
Involuntary Termination in Connection with a Change in Control. Notwithstanding anything contained herein, in the event of an Involuntary Termination prior to a Change in Control, if the Involuntary Termination (1) was at the request of a third party who has taken steps reasonably calculated to effect such Change in Control or (2) otherwise arose in connection with or in anticipation of such Change in Control, then the Executive shall, in lieu of the payments described in Section 4 5 hereof, be entitled to the Post-Change in Control Severance Payment and the additional benefits described in this Section 5 6 as if such Involuntary Termination had occurred within two (2) years following the Change in Control. The amounts specified in Section 5 6 that are to be paid under this Section 5(h6(g) shall be reduced by any amount previously paid under Section 45. The amounts to be paid under this Section 5(h6(g) shall be paid within sixty thirty (6030) days after the Change in Control Date of such Change in Control.
Appears in 13 contracts
Samples: Sempra Energy Severance Pay Agreement (San Diego Gas & Electric Co), Sempra Energy Severance Pay Agreement (San Diego Gas & Electric Co), Sempra Energy Severance Pay Agreement (San Diego Gas & Electric Co)
Involuntary Termination in Connection with a Change in Control. Notwithstanding anything contained herein, in the event of an Involuntary Termination prior to a Change in Control, if the Involuntary Termination (1i) was at the request of a third party who has taken steps reasonably calculated to effect such Change in Control or (2ii) otherwise arose in connection with or in anticipation of such Change in Control, then the Executive shall, in lieu of the payments described in Section 4 hereof, be entitled to the Post-Change in Control Severance Payment and the additional benefits described in this Section 5 as if such Involuntary Termination had occurred within two (2) years following the Change in Control. The amounts specified in Section 5 that are to be paid under this Section 5(h5(f) shall be reduced by any amount previously paid under Section 4. The amounts to be paid under this Section 5(h5(f) shall be paid within sixty (60) days after the Change in Control Date of such Change in ControlControl unless otherwise required by Section 409A of the Code.
Appears in 11 contracts
Samples: Separation Agreement and General Release (Southern California Gas Co), Separation Agreement and General Release (Southern California Gas Co), Separation Agreement and General Release (Southern California Gas Co)
Involuntary Termination in Connection with a Change in Control. Notwithstanding anything contained herein, in the event of an Involuntary Termination prior to a Change in Control, if the Involuntary Termination (1i) was at the request of a third party who has taken steps reasonably calculated to effect such Change in Control or (2ii) otherwise arose in connection with or in anticipation of such Change in Control, then the Executive shall, in lieu of the payments described in Section 4 hereof, be entitled to the Post-Change in Control Severance Payment and the additional benefits described in this Section 5 as if such Involuntary Termination had occurred within two (2) years following the Change in Control. The amounts specified in Section 5 that are to be paid under this Section 5(h5(g) shall be reduced by any amount previously paid under Section 4. The amounts to be paid under this Section 5(h5(g) shall be paid within sixty (60) days after the Change in Control Date of such Change in ControlControl unless otherwise required by Section 409A of the Code.
Appears in 8 contracts
Samples: Separation Agreement and General Release (Southern California Gas Co), Separation Agreement and General Release (Southern California Gas Co), Separation Agreement and General Release (Southern California Gas Co)
Involuntary Termination in Connection with a Change in Control. Notwithstanding anything contained herein, in the event of an Involuntary Termination prior to a Change in Control, if the Involuntary Termination (1i) was at the request of a third party who has taken steps reasonably calculated to effect such Change in Control or (2ii) otherwise arose in connection with or in anticipation of such Change in Control, then the Executive shall, in lieu of the payments described in Section 4 hereof, be entitled to the Post-Change in Control Severance Payment and the additional benefits described in this Section 5 as if such Involuntary Termination had occurred within two (2) years following the Change in Control. The amounts specified in Section 5 that are to be paid under this Section 5(h5(f) shall be reduced by any amount previously paid under Section 4. The amounts to be paid under this Section 5(h5(f) shall be paid within sixty (60) days after the Change in Control Date of such Change in Control.
Appears in 6 contracts
Samples: Sempra Energy Severance Pay Agreement (Southern California Gas Co), Sempra Energy Severance Pay Agreement (Southern California Gas Co), Sempra Energy (San Diego Gas & Electric Co)
Involuntary Termination in Connection with a Change in Control. Notwithstanding anything contained herein, in the event of an Involuntary Termination prior to a Change in Control, if the Involuntary Termination (1) was at the request of a third party who has taken steps reasonably calculated to effect such Change in Control or (2) otherwise arose in connection with or in anticipation of such Change in Control, then the Executive shall, in lieu of the payments described in Section 4 5 hereof, be entitled to the Post-Change in Control Severance Payment and the additional benefits described in this Section 5 6 as if such Involuntary Termination had occurred within two (2) years following the Change in Control. The amounts specified in Section 5 6 that are to be paid under this Section 5(h6(f) shall be reduced by any amount previously paid under Section 45. The amounts to be paid under this Section 5(h6(f) shall be paid within sixty thirty (6030) days after the Change in Control Date of such Change in Control.
Appears in 5 contracts
Samples: Sempra Energy (San Diego Gas & Electric Co), Sempra Energy (San Diego Gas & Electric Co), Sempra Energy (San Diego Gas & Electric Co)
Involuntary Termination in Connection with a Change in Control. Notwithstanding anything contained herein, in the event of an Involuntary Termination prior to a Change in Control, if the Involuntary Termination (1i) was at the request of a third party who has taken steps reasonably calculated to effect such Change in Control or (2ii) otherwise arose in connection with or in anticipation of such Change in Control, then the Executive shall, in lieu of the payments described in Section 4 hereof, be entitled to the Post-Change in Control Severance Payment and the additional benefits described in this Section 5 as if such Involuntary Termination had occurred within two (2) years following the Change in Control. The amounts specified in Section 5 that are to be paid under this Section 5(h5(g) shall be reduced by any amount previously paid under Section 4. The amounts to be paid under this Section 5(h5(g) shall be paid within sixty (60) days after the Change in Control Date of such Change in Control.
Appears in 5 contracts
Samples: Sempra Energy (Southern California Gas Co), Sempra Energy (San Diego Gas & Electric Co), Sempra Energy Severance Pay Agreement (San Diego Gas & Electric Co)
Involuntary Termination in Connection with a Change in Control. Notwithstanding anything contained herein, in the event of an Involuntary Termination prior to a Change in Control, if the Involuntary Termination (1i) was at the request of a third party who has taken steps reasonably calculated to effect such Change in Control or (2ii) otherwise arose in connection with or in anticipation of such Change in Control, then the Executive shall, in lieu of the payments described in Section 4 hereof, be entitled to the Post-Change in Control Severance Payment and the additional benefits described in this Section 5 as if such Involuntary Termination had occurred within two (2) years following the Change in Control. The amounts specified in Section 5 that are to be paid under this Section 5(h) shall be reduced by any amount previously paid under Section 4. The amounts to be paid under this Section 5(h) shall be paid within sixty (60) days after the Change in Control Date of such Change in Control.
Appears in 2 contracts
Samples: Sempra Energy Severance Pay Agreement (San Diego Gas & Electric Co), Sempra Energy Severance Pay Agreement (San Diego Gas & Electric Co)