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, 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) your employment with the Company and its Affiliates is terminated without cause (as defined in Subparagraph 7(c)), or (ii) you voluntarily terminate your employment with Good Reason, the Company will, within 30 days (except as otherwise expressly provided) of your Employment Termination, make the payments and provide the benefits described below.

Appears in 2 contracts

Samples: Letter Agreement (Heller Financial Inc), Letter Agreement (Heller Financial Inc)

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Payments and Benefits Upon Employment Termination After a Change in Control. 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) your employment with the Company and its Affiliates is terminated without cause (as defined in Subparagraph 7(c12(c)), or (ii) you voluntarily terminate your employment with Good Reason, the Company will, within 30 days (except as otherwise expressly provided) of your Employment Termination, make the payments and provide the benefits described below.

Appears in 2 contracts

Samples: Letter Agreement (Heller Financial Inc), Letter Agreement (Heller Financial Inc)

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