Common use of Payments and Benefits Upon Employment Termination After a Change in Control Clause in Contracts

Payments and Benefits Upon Employment Termination After a Change in Control. If within two (2) years after a Change in Control (all capitalized terms as defined below) or during the Period Pending a Change in Control, (i) Executive’s employment with the Company and its Affiliates is terminated without Cause and for a reason other than death or Disability, or (ii) Executive voluntarily terminates such employment with Good Reason, the Company will, within 30 days (except as otherwise expressly provided) of Executive’s Date of Termination, make the payments and provide the benefits described below.

Appears in 3 contracts

Samples: Employment Security Agreement (Smurfit Stone Container Corp), Employment Security Agreement (Smurfit Stone Container Corp), Employment Security Agreement (Smurfit Stone Container Corp)

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Payments and Benefits Upon Employment Termination After a Change in Control. If within two (2) years after a Change in Control (all capitalized terms as defined below) or during the Period Pending a Change in Control, (i) Executive’s 's employment with the Company and its Affiliates is terminated without Cause and for a reason other than death or Disability, or (ii) Executive voluntarily terminates such employment with Good Reason, the Company will, within 30 days (except as otherwise expressly provided) of Executive’s 's Date of Termination, make the payments and provide the benefits described below.

Appears in 1 contract

Samples: Employment Security Agreement (Jefferson Smurfit Corp /De/)

Payments and Benefits Upon Employment Termination After a Change in Control. If If, within the period ending two (2) years after a Change in Control (all capitalized terms as defined below) or during the Period Pending a Change in Control, (i) the Executive’s 's employment with the Company and its Affiliates is terminated without Cause and for a reason other than death or Disability, or (ii) the Executive voluntarily terminates such his or her employment with Good Reason, the Company will, within 30 days (except as otherwise expressly provided) of after the Executive’s Date of 's Employment Termination, make the payments and provide the benefits described below.

Appears in 1 contract

Samples: Control Agreement (Heller Financial Inc)

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Payments and Benefits Upon Employment Termination After a Change in Control. If If, during the Term of this Agreement and within the period ending on the earlier of two (2) years after a Change in Control (all capitalized terms as defined below) or May 6, 2001, or during the Period Pending a Change in Control, (i) the Executive’s 's employment with the Company and its Affiliates is terminated without Cause and for a reason other than death or DisabilityCause, or (ii) Executive voluntarily terminates such employment with Good Reason, the Company will, within 30 days (except as otherwise expressly provided) of Executive’s Date of 's Employment Termination, make the payments and provide the benefits described below.

Appears in 1 contract

Samples: Control Agreement (Heller Financial Inc)

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