Common use of Payment on COC Clause in Contracts

Payment on COC. The “COC Year” is defined for this article as the fiscal year in which a Change of Control Event occurs. At closing of the transaction resulting in the Change of Control Event or, if there is no such closing, within thirty (30) calendar days of the Change of Control Event becoming effective, CH2M HILL or successor shall pay to the Executive in immediately available funds, a lump sum cash amount equal to the sum of:

Appears in 11 contracts

Samples: Executive Change of Control Agreement (Ch2m Hill Companies LTD), Executive Change of Control Agreement (Ch2m Hill Companies LTD), Executive Change of Control Agreement (Ch2m Hill Companies LTD)

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Payment on COC. The "COC Year" is defined for this article as the fiscal year in which a Change of Control Event occurs. At closing of the transaction resulting in the Change of Control Event or, if there is no such closing, within thirty (30) calendar days of the Change of Control Event becoming effective, CH2M HILL or successor shall pay to the Executive in immediately available funds, a lump sum cash amount equal to the sum of:

Appears in 1 contract

Samples: Change of Control Agreement (Ch2m Hill Companies LTD)

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