Common use of PAYMENTS FOLLOWING A CHANGE IN CONTROL Clause in Contracts

PAYMENTS FOLLOWING A CHANGE IN CONTROL. In the event a "Change in Control" occurs and either: (i) the Executive elects, at any time following the one-year period after such Change in Control, and before the end of the second year after such Change of Control, to cease being the Chief Executive Officer of the Company; or (ii) Executive's employment is terminated within two years following such Change of Control by the Company for any reason other than for Cause, or by Executive for Good Reason, the Company shall pay the following amounts to Executive:

Appears in 3 contracts

Samples: Employment Agreement (Fuelnation Inc), Employment Agreement (Tesoro Petroleum Corp /New/), Employment Agreement (Fuelnation Inc)

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PAYMENTS FOLLOWING A CHANGE IN CONTROL. In the event a "Change in Control" occurs and either: (i) the Executive elects, at any time following the one-year period after such Change in Control, and before the end of the second year after such Change of in Control, to cease being the Chief Executive Officer of the Company; or (ii) Executive's ’s employment is terminated within two (2) years following such Change of in Control by the Company for any reason other than for Cause, or by Executive for Good Reason, the Company shall pay the following amounts to Executive:

Appears in 1 contract

Samples: Employment Agreement (Tesoro Corp /New/)

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PAYMENTS FOLLOWING A CHANGE IN CONTROL. In the event a "Change in Control" occurs and either: either (i) the Executive elects, at any time following the one-year period after such Change in Control, and before the end of the second year after such Change of in Control, to cease being the Chief Executive Officer of the Companyterminate employment for any reason; or (ii) Executive's ’s employment is terminated within two years following such Change of in Control by the Company for any reason other than for Cause, or by Executive for Good Reason, the Company shall pay the following amounts to Executive:

Appears in 1 contract

Samples: Employment Agreement (Tesoro Corp /New/)

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