Common use of Involuntary Termination in Connection with a Change in Control Clause in Contracts

Involuntary Termination in Connection with a Change in Control. If (i) Executive terminates his or her employment with the Company (or any parent, subsidiary, or successor of the Company) for Good Reason or (ii) the Company (or any parent, subsidiary or successor of the Company) terminates Executive’s employment without Cause, and, in each case, such termination occurs within the Change in Control Period, then, subject to the Executive signing and not revoking the release of claims as required by Section 4, Executive will receive the following severance benefits from the Company:

Appears in 6 contracts

Samples: Control and Severance Agreement (Maxlinear Inc), Control and Severance Agreement (Maxlinear Inc), Change in Control and Severance Agreement (Maxlinear Inc)

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Involuntary Termination in Connection with a Change in Control. If (i) Executive terminates his or her employment with the Company (or any parent, subsidiary, subsidiary or successor of the Company) for Good Reason (as defined herein) or (ii) the Company (or any parent, subsidiary or successor of the Company) terminates Executive’s employment without other than due to Cause, andDisability or death, in each case, and such termination occurs within the is in Connection with a Change in Control Period, then, subject to the Executive signing and not revoking the release of claims as required by Section 4Control, Executive will receive the following severance benefits from the Company, provided that Executive signs and does not revoke the release of claims as required by Section 5:

Appears in 1 contract

Samples: Executive Retention Agreement (Arbitron Inc)

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