Common use of Operation of Agreement Clause in Contracts

Operation of Agreement. (a) This Agreement shall be effective immediately upon its execution and continue to be effective so long as the Executive is employed by the Company or any of its Affiliates. The provisions of this Agreement do not take effect until the Operative Date. (b) Notwithstanding anything in Section 12(a) to the contrary, this Agreement shall, unless extended by written agreement of the parties hereto, terminate, without further action by the parties hereto, on the third anniversary of the date of this Agreement if a Change in Control shall not have occurred prior to such third anniversary date.

Appears in 6 contracts

Samples: Change in Control Agreement (Brinks Co), Change in Control Agreement (Brinks Co), Change in Control Agreement (Brinks Co)

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Operation of Agreement. (a) This Agreement shall be effective immediately upon its execution and continue to be effective until the Term expires so long as the Executive is employed by the Company or any of its AffiliatesAffiliates as of the Operative Date. The provisions of this Agreement do not take effect until the Operative Date. (b) Notwithstanding anything in Section 12(a) to the contrary, this Agreement shall, unless extended by written agreement of the parties hereto, terminate, without further action by the parties hereto, on the third anniversary of the date of this Agreement if a Change in Control shall not have occurred prior to such third anniversary date.

Appears in 3 contracts

Samples: Executive Agreement (Itt Destinations Inc /Nv), Executive Agreement (Itt Corp /Nv/), Executive Agreement (Itt Corp /Nv/)

Operation of Agreement. (a) This Agreement shall be effective immediately upon its execution and continue to be effective so long as the Executive is employed by the Company or any of its Affiliates. The provisions of this Agreement do not take effect until the Operative Date. (b) Notwithstanding anything in Section 12(a13(a) to the contrary, this Agreement shall, unless extended by written agreement of the parties hereto, terminate, without further action by the parties hereto, on the third tenth anniversary of the date of this Agreement if a Change in Control shall not have occurred prior to such third tenth anniversary date.

Appears in 2 contracts

Samples: Executive Agreement (Pittston Co), Executive Agreement (Pittston Co)

Operation of Agreement. (a) This Agreement shall be effective immediately upon its execution and continue to be effective so long as the Executive is employed by the Company or any of its Affiliates. The provisions of this Agreement do not take effect until the Operative Date. (b) Notwithstanding anything in Section 12(a13(a) to the contrary, this Agreement shall, unless extended by written agreement of the parties hereto, terminate, without further action by the parties hereto, on the third anniversary of the date of this Agreement February 28, 2022 if a Change in Control shall not have occurred prior to such third anniversary date.

Appears in 2 contracts

Samples: Change in Control Agreement (Brinks Co), Change in Control Agreement (Brinks Co)

Operation of Agreement. (a) This Agreement shall be effective immediately upon its execution and continue to be effective so long as the Executive is employed by the Company or any of its Affiliates. The provisions of this Agreement do not take effect until the Operative Date. (b) Notwithstanding anything in Section 12(a13(a) to the contrary, this Agreement shall, unless extended by written agreement of the parties hereto, terminate, without further action by the parties hereto, on the third anniversary of the date of this Agreement if a Change in Control shall not have occurred prior to such third anniversary date.

Appears in 2 contracts

Samples: Change in Control Agreement (Brinks Co), Change in Control Agreement (Brinks Co)

Operation of Agreement. (a) This Agreement shall be effective immediately upon its execution and continue to be effective so long as the Executive is employed by the Company or any of its Affiliates. The provisions of this Agreement do not take effect until the Operative Date. (b) Notwithstanding anything in Section 12(a13(a) to the contrary, this Agreement shall, unless extended by written agreement of the parties hereto, terminate, without further action by the parties hereto, on the third anniversary of the date of this Agreement February 28, 2018 if a Change in Control shall not have occurred prior to such third anniversary date.

Appears in 1 contract

Samples: Change in Control Agreement (Brinks Co)

Operation of Agreement. (a) This Agreement shall be effective immediately upon its execution and continue to be effective so long as the Executive is employed by the Company or any of its Affiliates. The provisions of this Agreement do not take effect until the Operative Date. (b) Notwithstanding anything in Section 12(a13(a) to the contrary, this Agreement shall, unless extended by written agreement of the parties hereto, terminate, without further action by the parties hereto, on the third anniversary of the date of this Agreement February 24, 2015 if a Change in Control shall not have occurred prior to such third anniversary date.

Appears in 1 contract

Samples: Change in Control Agreement (Brinks Co)

Operation of Agreement. (a) This Agreement shall be effective immediately upon its execution as of the date first written above and continue to be effective so long as the Executive is employed by the Company or any of its Affiliates. The provisions of this Agreement do not take effect until the Operative Date. (b) Notwithstanding anything in Section 12(a) to the contrary, this Agreement shall, unless extended by written agreement of the parties hereto, terminate, without further action by the parties hereto, on the third anniversary of the date of this Agreement December 31, 2009 if a Change in Control shall not have occurred on or prior to such third anniversary date.

Appears in 1 contract

Samples: Change in Control Agreement (Brink's Home Security Holdings, Inc.)

Operation of Agreement. (a) This Agreement shall be effective immediately upon its execution and continue to be effective so long as the Executive is employed by the Company or any of its Affiliates. The provisions of this Agreement do not take effect until the Operative Date. (b) Notwithstanding anything in Section 12(a13(a) to the contrary, this Agreement shall, unless extended by written agreement of the parties hereto, terminate, without further action by the parties hereto, on the third anniversary of the date of this Agreement June 9, 2019 if a Change in Control shall not have occurred prior to such third anniversary date.

Appears in 1 contract

Samples: Change in Control Agreement (Brinks Co)

Operation of Agreement. (a) This Agreement shall be effective immediately upon its execution and continue continued to be effective so long as the Executive is employed by the Company or any of its Affiliates. The provisions of this Agreement do not take effect until the Operative Date. (b) Notwithstanding anything in Section 12(a) to the contrary, this Agreement shall, unless extended by written agreement of the parties hereto, terminate, without further action by the parties hereto, on the third anniversary of the date of this Agreement December 31, 2007 if a Change in Control shall not have occurred on or prior to such third anniversary date.

Appears in 1 contract

Samples: Change in Control Agreement (Brinks Co)

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Operation of Agreement. (a) This Agreement shall be effective immediately upon its execution and continue to be effective so long as the Executive is employed by the Company or any of its Affiliates. The provisions of this Agreement do not take effect until the Operative Date. (b) Notwithstanding anything in Section 12(a13(a) to the contrary, this Agreement shall, unless extended by written agreement of the parties hereto, terminate, without further action by the parties hereto, on the third anniversary of the date of this Agreement February 20, 2020 if a Change in Control shall not have occurred prior to such third anniversary date.

Appears in 1 contract

Samples: Change in Control Agreement (Brinks Co)

Operation of Agreement. (a) This Agreement shall be effective immediately upon its execution and continue to be effective so long as the Executive is employed by the Company or any of its Affiliates. The provisions of this Agreement do not take effect until the Operative Date. (b) Notwithstanding anything in Section 12(a13(a) to the contrary, this Agreement shall, unless extended by written agreement of the parties hereto, terminate, without further action by the parties hereto, on the third anniversary of the date of this Agreement [February 29, 2020] if a Change in Control shall not have occurred prior to such third anniversary date.

Appears in 1 contract

Samples: Change in Control Agreement (Brinks Co)

Operation of Agreement. (a) This Agreement shall be effective immediately upon its execution and continue to be effective so long as the Executive is employed by the Company or any of its Affiliates. The provisions of this Agreement do not take effect until the Operative Date. (b) Notwithstanding anything in Section 12(a) to the contrary, this Agreement shall, unless extended by written agreement of the parties hereto, terminate, without further action by the parties hereto, on the third anniversary of the date of this Agreement February 25, 2013 if a Change in Control shall not have occurred prior to such third anniversary date.

Appears in 1 contract

Samples: Change in Control Agreement (Brinks Co)

Operation of Agreement. (a) This Agreement shall be effective immediately upon its execution and continue to be effective so long as the Executive is employed by the Company or any of its Affiliates. The provisions of this Agreement do not take effect until the Operative Date. (b) Notwithstanding anything in Section 12(a13(a) to the contrary, this Agreement shall, unless extended by written agreement of the parties hereto, terminate, without further action by the parties hereto, on the third anniversary of the date of this Agreement February 20, 2017 if a Change in Control shall not have occurred prior to such third anniversary date.

Appears in 1 contract

Samples: Change in Control Agreement (Brinks Co)

Operation of Agreement. (a) This Agreement Agreemen shall be effective immediately upon its execution and continue to be effective so long as the Executive is employed by the Company or any of its Affiliates. The provisions of this Agreement do not take effect until the Operative Date. (b) Notwithstanding anything in Section 12(a13(a) to the contrary, this Agreement shall, unless extended by written agreement of the parties hereto, terminate, without further action by the parties hereto, on the third tenth anniversary of the date of this Agreement if a Change in Control shall not have occurred prior to such third tenth anniversary date.

Appears in 1 contract

Samples: Executive Agreement (Pittston Co)

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