Payment and Other Provisions After Change of Control. a. In the event the Executive’s employment with the Company is terminated within one year following the occurrence of a Change of Control (other than as a consequence of death or disability) either (x) by the Company for any reason other than for Cause, or (y) by Executive for Good Reason, then the Executive shall be entitled to receive from the Company, in lieu of the severance payment otherwise payable pursuant to Section 8.a., the following:
Appears in 2 contracts
Samples: Employment Agreement (Safenet Inc), Employment Agreement (Safenet Inc)
Payment and Other Provisions After Change of Control. a. (a) In the event the Executive’s 's employment with the Company is terminated within one year following the occurrence occurance of a Change of Control (other than as a consequence of death or disability) either (x) by the Company for any reason other than for Cause, or (y) by Executive for Good Reason, then the Executive shall be entitled to receive from the Company, in lieu of the severance payment otherwise payable pursuant to Section 8.a.9(a), the following:
Appears in 2 contracts
Samples: Employment Agreement (Information Resource Engineering Inc), Employment Agreement (Nastech Pharmaceutical Co Inc)
Payment and Other Provisions After Change of Control. a. (a) In the event the Executive’s 's employment with the Company is terminated within one year following the occurrence of a Change of Control (other than as a consequence of death or disability) either (x) by the Company for any reason other than for Cause, or (y) by Executive for Good Reason, then the Executive shall be entitled to receive from the Company, in lieu of the severance payment otherwise payable pursuant to Section 8.a.9(a), the following:
Appears in 2 contracts
Samples: Employment Agreement (Nastech Pharmaceutical Co Inc), Employment Agreement (Nastech Pharmaceutical Co Inc)
Payment and Other Provisions After Change of Control. a. (a) In the event the Executive’s 's employment with the Company is terminated within one year following the occurrence occurence of a Change of Control (other than as a consequence of death or disability) either (x) by the Company for any reason other than for Cause, death or Disability, or (y) by Executive for Good Reason, and the date of such termination is (i) within one year following the occurrence of such Change of Control , or (ii) prior to the date upon which all options granted to the Executive pursuant to Section 4 hereof are fully vested,then the Executive shall be entitled to receive from the Company, in lieu of the severance payment otherwise payable pursuant to Section 8.a.9(a), the following:
Appears in 1 contract
Samples: Employment Agreement (Nastech Pharmaceutical Co Inc)
Payment and Other Provisions After Change of Control. a. (a) In the event the Executive’s employment with the Company is terminated within one year following the occurrence of a Change of Control (other than as a consequence of death or disability) either (x) by the Company for any reason other than for Cause, or (y) by Executive for Good Reason, then the Executive shall be entitled to receive from the Company, in lieu of the severance payment otherwise payable pursuant to Section 8.a.9 (a), the following:
Appears in 1 contract
Samples: Employment Agreement (Safenet Inc)