Common use of Payments Upon Termination Without Cause, For Good Reason, Following Change in Control Clause in Contracts

Payments Upon Termination Without Cause, For Good Reason, Following Change in Control. If, within twelve (12) months after a Change in Control of the Company, Executive’s employment is terminated (a) by the Company or its successor in interest other than for Cause or Retirement or (b) by Executive for a Good Reason which has not been cured within ten (10) days after Executive has given notice thereof to the Company, then Executive shall be entitled to the benefits provided below:

Appears in 4 contracts

Samples: Control Agreement, Executive Change in Control Agreement (GTC Biotherapeutics Inc), Executive Change in Control Agreement (GTC Biotherapeutics Inc)

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Payments Upon Termination Without Cause, For Good Reason, Following Change in Control. If, within twelve (12) months after a Change in Control of the Company, Executive’s employment is terminated (a) by the Company or its successor in interest other than for Cause or Retirement or (b) by Executive for a Good Reason which has not been cured within ten (10) days after Executive has given notice thereof to the CompanyReason, then Executive shall be entitled to the benefits provided below:

Appears in 3 contracts

Samples: Change in Control Agreement (GTC Biotherapeutics Inc), Change in Control Agreement (GTC Biotherapeutics Inc), Change in Control Agreement (GTC Biotherapeutics Inc)

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Payments Upon Termination Without Cause, For Good Reason, Following Change in Control. IfIn addition to, and not in limitation of, the provisions of Article 3, if, within twelve (12) months after a Change in Control of the Company, Executive’s employment is terminated (a) by the Company or its successor in interest other than for Cause or Retirement or (b) by Executive for a Good Reason which has not been cured within ten (10) days after Executive has given notice thereof to the CompanyReason, then Executive shall be entitled to the benefits provided below:

Appears in 1 contract

Samples: Executive Employment Agreement (GTC Biotherapeutics Inc)

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