Obligations of the Employer upon Termination; Change of Control. For the avoidance of doubt, for purposes of this Section 5, a termination of the Executive’s employment with the Employer shall only occur if the Executive’s employment is terminated with all Employer entities (and any other BreitBurn Entities with whom the Executive may be or become employed). Notwithstanding the foregoing, the parties hereby acknowledge that changes in the Executive’s status as an employee of the various Employer entities and BreitBurn Entities (including any transfer of the Executive’s employment between such entities and any termination of the Executive’s employment relationship with one or more, but fewer than all, such entities) may, but shall not necessarily, constitute Good Reason hereunder, and that the effect of such changes on the Executive’s employment relationship shall be considered in determining whether Good Reason exists hereunder.
Appears in 5 contracts
Samples: Employment Agreement (BreitBurn Energy Partners L.P.), Employment Agreement (BreitBurn Energy Partners L.P.), Employment Agreement (BreitBurn Energy Partners L.P.)
