Common use of Qualifying Termination in Connection with a Change in Control Clause in Contracts

Qualifying Termination in Connection with a Change in Control. If, during the Term, the Executive’s employment is terminated by reason of a Qualifying Termination within twelve (12) months following a Change in Control, then the Company shall pay or provide the Accrued Compensation and Benefits, and subject to Section 6(f) and in lieu of the payments and benefits set forth in Section 6(c):

Appears in 2 contracts

Samples: Employment Agreement (Cumulus Media Inc), Employment Agreement (Cumulus Media Inc)

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Qualifying Termination in Connection with a Change in Control. If, during the Term, the Executive’s employment is terminated by reason of a Qualifying Termination within twelve (12) months following a Change in ControlControl or within three (3) months prior to a Change in Control (except as otherwise provided in Section 6(c)(iii) above in the case of the benefits provided by Section 6(d)(iii) below), then the Company shall pay or provide the Accrued Compensation and Benefits, and subject to Section 6(f) and in lieu of the payments and benefits set forth in Section 6(c):

Appears in 2 contracts

Samples: Employment Agreement (Cumulus Media Inc), Employment Agreement (Cumulus Media Inc)

Qualifying Termination in Connection with a Change in Control. If, during If the Term, Termination Date occurs on or in the Executive’s employment is terminated by reason of a Qualifying Termination within twelve (12) months following a Change in Control, then Control (as herein defined) due to Executive’s termination of employment by the Company shall pay without Cause or provide the Accrued Compensation and Benefitsby Executive pursuant to a Constructive Termination ("Change in Control Termination"), and subject to Section 6(f) and then, in lieu of the payments and benefits set forth out in Section 6(c):the preceding provisions of paragraph 4(a), (i) the Employment Period shall be deemed

Appears in 1 contract

Samples: Employment Agreement (Jason Industries, Inc.)

Qualifying Termination in Connection with a Change in Control. If, during the Term, the Executive’s employment is terminated by reason of a Qualifying Termination within twelve [eighteen (12) 18)]1[nine (9)]2,3,4,5 months following a Change in Control, then the Company shall pay or provide the Accrued Compensation and Benefits, and subject to Section 6(f) and in lieu of the payments and benefits set forth in Section 6(c):

Appears in 1 contract

Samples: Employment Agreement (Cumulus Media Inc)

Qualifying Termination in Connection with a Change in Control. If, during the Term, the Executive’s employment is terminated by reason of a Qualifying Termination within twelve nine (129) months following a Change in Control, then the Company shall pay or provide the Accrued Compensation and Benefits, and subject to Section 6(f) and in lieu of the payments and benefits set forth in Section 6(c):

Appears in 1 contract

Samples: Employment Agreement (Cumulus Media Inc)

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Qualifying Termination in Connection with a Change in Control. If, during the Term, the Executive’s employment is terminated by reason of a Qualifying Termination (1) within twelve (12) months two years following a Change in ControlControl or (2) during a Protection Period (any such termination of employment, a “Change in Control Termination”), then the Company shall pay or provide Executive will be entitled to receive from the Accrued Compensation and BenefitsCompany, and subject to Section 6(f) and in lieu of the payments and benefits set forth in Section 6(c):3(b), the following:

Appears in 1 contract

Samples: Agreement (Radioshack Corp)

Qualifying Termination in Connection with a Change in Control. If, during the Term, the If Executive’s employment with the Company is terminated by reason of the Company without Cause or by Executive with Good Reason (each, a Qualifying Termination Termination”), in either case, (A) on or within twelve thirty (1230) months following days prior to a Change in Control or (B) within one (1) year after a Change in Control, then in either case, the Company shall pay or provide the Accrued Compensation Executive, in addition to any accrued but unpaid salary, bonus, vacation and Benefitsexpense reimbursement payable in accordance with applicable law, and subject to Section 6(f) and in lieu of with the following payments and benefits set forth in Section 6(c):benefits:

Appears in 1 contract

Samples: Change in Control Severance Agreement (Fantex, Inc.)

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