Qualifying Termination or Change in Control Sample Clauses

Qualifying Termination or Change in Control. In the event (A) the Participant's employment or service with the Company and/or its Affiliates is terminated by the Company without "Cause" (as defined in the Co-Executive Chairman Compensation Plan between the Company and the Participant, dated June 20, 2013(the "Compensation Plan")), by the Company due to "Disability" (as defined in the Compensation Plan), by the Participant for "Good Reason" (as defined in the Compensation Plan) or as a result of the Participant's death (any of such events a "Qualifying Termination") or (B) a Change in Control of the Company, provided the Participant has remained in continuous employment until such Change in Control, the Option shall become exercisable in full, to the extent not then previously exercisable and the Dividend Equivalents shall become vested in full.
Sample 1Sample 2
AutoNDA by SimpleDocs
Qualifying Termination or Change in Control. In the event (A) the Optionee's employment or service with the Company and/or its Affiliates is terminated by the Company without "Cause" (as defined in the Employment Agreement) (and not due to Disability, as defined in the Employment Agreement) or by the Optionee for "Good Reason" (as defined in the Employment Agreement) (either of such events a “Qualifying Termination”) or (B) a Change of Control (as defined in the Plan) of the Company, provided the Optionee has remained in continuous employment until such Change of Control, the Option shall become exercisable in full, to the extent not then previously exercisable.
Sample 1
Qualifying Termination or Change in Control. If a Qualifying Termination (as defined below) or a Change in Control (as defined below) occurs, in each case prior to the Vesting Date, and if you have not previously forfeited your Award under Section 4, one hundred percent (100%) of all Restricted Stock Units shall vest on the date of your Qualifying Termination or the Change in Control, as applicable.
Sample 1

Related to Qualifying Termination or Change in Control

  • Qualifying Termination If the Executive is subject to a Qualifying Termination, then, subject to Sections 4, 9, and 10 below, Executive will be entitled to the following benefits:

  • Qualifying Terminations Any of the following events resulting in a cessation of the Employee’s employment by the Company during the Covered Employment Term shall constitute a “Qualifying Termination”: (i) discharge by the Company without Cause (as hereinafter defined); or (ii) the Employee’s resignation with Good Reason.

  • CIC Qualifying Termination If the Executive is subject to a CIC Qualifying Termination, then, subject to Sections 4, 9, and 10 below, Executive will be entitled to the following benefits:

  • Change in Control Termination For purposes of this Agreement, a “Change in Control Termination” means that while this Agreement is in effect:

  • Qualifying Termination of Employment A “Qualifying Termination of Employment” shall mean a termination of Executive’s employment during the Protected Period either (a) by the Company other than for Cause or (b) by Executive for a Good Reason. The Executive’s death or Disability during the Protected Period shall not constitute a Qualifying Termination of Employment.

  • Termination Upon a Change in Control If Executive’s employment is subject to a Termination within a Covered Period, then, in addition to Minimum Benefits, the Company shall provide Executive the following benefits:

  • Termination of Employment Following a Change in Control Notwithstanding the provisions of Section 6.3 hereof to the contrary, if the Employee’s employment by the Company is terminated by the Company in accordance with the terms of Section 4 of the Termination Agreement and the Employee is entitled to benefits provided in Section 5 of the Termination Agreement, the Company shall pay to the Employee, in a lump sum in cash within 30 days after the Date of Termination, the aggregate of the Employee’s Base Salary (as in effect on the Date of Termination) through the Date of Termination, if not theretofore paid, and, in the case of compensation previously deferred by the Employee, all amounts of such compensation previously deferred shall be paid in accordance with the plan documents governing such deferral. Except with respect to the obligations set for forth in the Termination Agreement, notwithstanding any provisions herein to the contrary, all other obligations of the Company and rights of the Employee hereunder shall terminate effective as of the Date of Termination.

  • Upon a Change in Control If a Change in Control shall have occurred at any time during the period in which this Agreement is effective, this Agreement shall continue in effect for (i) the remainder of the month in which the Change in Control occurred and (ii) a term of 12 months beyond the month in which such Change in Control occurred (such entire period hereinafter referred to as the "Protected Period"). Note that in certain circumstances defined and set forth below, provisions of this Agreement shall survive for longer than the period described above.

Time is Money Join Law Insider Premium to draft better contracts faster.