Common use of Operation and Term of Agreement Clause in Contracts

Operation and Term of Agreement. This Agreement shall commence as of the date first set forth above and shall terminate on February 26, 2017 unless this Agreement is terminated earlier as set forth below; provided, however, that after a Change in Control of the Company during the term of this Agreement, this Agreement shall remain in effect until all of the obligations of the parties hereunder are satisfied and the Protection Period has expired. Notwithstanding the foregoing, prior to a Change in Control this Agreement shall immediately terminate upon termination of the Executive’s employment, except in the case of such termination under circumstances set forth in the last paragraph of Section 4 below.

Appears in 1 contract

Samples: Change in Control Agreement (Gentiva Health Services Inc)

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Operation and Term of Agreement. This Agreement shall commence as of on the date first set forth above and shall terminate on February 26, 2017 2011 unless this Agreement is terminated earlier as set forth below; provided, however, that after a Change in Control of the Company during the term of this Agreement, this Agreement shall remain in effect until all of the obligations of the parties hereunder are satisfied and the Protection Period has expired. Notwithstanding the foregoing, prior to a Change in Control this Agreement shall immediately terminate upon termination of the Executive’s employment, except in the case of such termination under circumstances set forth in the last paragraph of Section 4 below.

Appears in 1 contract

Samples: Change in Control Agreement (Gentiva Health Services Inc)

Operation and Term of Agreement. This Agreement shall commence as of on the date first set forth above and shall terminate on February 26May 6, 2017 2008 unless this Agreement is terminated earlier as set forth below; provided, however, that after a Change in Control of the Company during the term of this Agreement, this Agreement shall remain in effect until all of the obligations of the parties hereunder are satisfied and the Protection Period has expired. Notwithstanding the foregoing, prior to a Change in Control this Agreement shall immediately terminate upon termination of the Executive’s 's employment, except in the case of such termination under circumstances set forth in the last paragraph of Section 4 below.

Appears in 1 contract

Samples: Change in Control Agreement (Gentiva Health Services Inc)

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Operation and Term of Agreement. This Agreement shall commence as of the date first set forth above and shall terminate on February 26, 2017 2014 unless this Agreement is terminated earlier as set forth below; provided, however, that after a Change in Control of the Company during the term of this Agreement, this Agreement shall remain in effect until all of the obligations of the parties hereunder are satisfied and the Protection Period has expired. Notwithstanding the foregoing, prior to a Change in Control this Agreement shall immediately terminate upon termination of the Executive’s employment, except in the case of such termination under circumstances set forth in the last paragraph of Section 4 below.

Appears in 1 contract

Samples: Change in Control Agreement (Gentiva Health Services Inc)

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