Common use of PERFORMANCE AWARD, AND BONUS PAYMENTS Clause in Contracts

PERFORMANCE AWARD, AND BONUS PAYMENTS. In the event Employee's employment with the Company is terminated within one year following the occurrence of a Change of Control (other than as a consequence of his death or disability, or of his normal retirement under the Company's retirement plans and practices) either (i) by the Company for any reason whatsoever or (ii) by Employee with Good Reason as provided in Paragraph 6, then Employee shall be entitled to receive from the Company, the following:

Appears in 5 contracts

Samples: Employment Agreement (Cyberguard Corp), Employment Agreement (Cyberguard Corp), Employment Agreement (Cyberguard Corp)

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PERFORMANCE AWARD, AND BONUS PAYMENTS. In the event Employee's employment with the Company is terminated within one year following the occurrence of a Change of Control (other than as a consequence of his death or disability, or of his normal retirement under the Company's retirement plans and practices) either (i) by the Company for any reason whatsoever or (ii) by Employee with Good Reason as provided in Paragraph 6, then Employee shall be entitled to receive from 6 (for the Companysole purpose of this Paragraph 8, the term "Good Reason" shall also include the following:: "

Appears in 1 contract

Samples: Employment Agreement (Cyberguard Corp)

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