Common use of Involuntary Termination Other than for Cause or Voluntary Termination for Good Reason Following a Change of Control Clause in Contracts

Involuntary Termination Other than for Cause or Voluntary Termination for Good Reason Following a Change of Control. If within twelve (12) months following a Change of Control (i) the Employee terminates his or her employment with the Company (or any parent or subsidiary of the Company) for “Good Reason” (as defined herein), or (ii) the Company (or any parent or subsidiary of the Company) terminates the Employee’s employment for other than “Cause” (as defined herein), and the Employee, signs and does not revoke a standard release of claims with the Company in a form acceptable to the Company, then the Employee shall receive the following severance benefits from the Company:

Appears in 4 contracts

Samples: Change of Control Severance Agreement (Business Objects S.A.), Change of Control Severance Agreement (Business Objects S.A.), Change of Control Severance Agreement (Business Objects S.A.)

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Involuntary Termination Other than for Cause or Voluntary Termination for Good Reason Following a Change of Control. If within twelve eighteen (1218) months following a Change of Control (i) the Employee terminates his or her employment with the Company (or any parent or subsidiary of the Company) for “Good Reason” (as defined herein), ) or (ii) the Company (or any parent or subsidiary of the Company) terminates the Employee’s employment for other than “Cause” (as defined herein), and the Employee, Employee signs and does not revoke a standard release of claims with the Company in a form acceptable to the Company, then the Employee shall receive the following severance benefits from the Company:

Appears in 2 contracts

Samples: Change of Control Severance Agreement (Centillium Communications Inc), Change of Control Severance Agreement (Centillium Communications Inc)

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Involuntary Termination Other than for Cause or Voluntary Termination for Good Reason Following a Change of Control. If within twelve eighteen (1218) months following a Change of Control (i) the Employee terminates his or her employment with the Company (or any parent or subsidiary of the Company) for "Good Reason" (as defined herein), ) or (ii) the Company (or any parent or subsidiary of the Company) terminates the Employee’s 's employment for other than "Cause" (as defined herein), and the Employee, Employee signs and does not revoke a standard release of claims with the Company in a form acceptable to the Company, then the Employee shall receive the following severance benefits from the Company:

Appears in 1 contract

Samples: Change of Control Severance Agreement (Centillium Communications Inc)

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