New Term of Employment. Notwithstanding anything to the contrary in this Agreement, upon the occurrence of a Change in Control (as defined in Appendix A) during the Employment Period, the Company (or its successor) shall continue the employment of the Executive, and the Executive shall continue performing services for the Company, for a period of two years commencing on the date of the Change in Control and ending on the second anniversary of the date of the Change in Control.
Appears in 5 contracts
Samples: Employment Agreement (Lincoln Educational Services Corp), Employment Agreement (Lincoln Educational Services Corp), Employment Agreement (Lincoln Educational Services Corp)
New Term of Employment. Notwithstanding anything to the contrary in this Agreement, upon the occurrence of a Change in of Control (as defined in Appendix ASection 6(d) during the Employment Periodbelow), the Company (or its successor) shall continue the employment of the Executive, and the Executive shall continue performing services for the Company, for a period of two years one year commencing on the date of the Change in of Control and ending on (the second anniversary of the date of the Change in Control“New Employment Period”).
Appears in 1 contract
Samples: Employment Agreement (Algodon Wines & Luxury Development Group, Inc.)
New Term of Employment. Notwithstanding anything to the contrary in this Agreement, upon the occurrence of a Change in of Control (as defined in Appendix A) during the Employment Periodherein), the Company (or its successor) shall continue the employment of the Executive, and the Executive shall continue performing services for the Company, for a period of two years commencing on the date of the Change in of Control and ending on (the second anniversary of the date of the Change in Control“New Employment Period”).
Appears in 1 contract
Samples: Employment Agreement (Algodon Wines & Luxury Development Group, Inc.)
