Qualifying Terminations. If, during the Term of this Agreement and either within 24 months after a Change in Control or within a Potential Change in Control Period, (1) the Executive’s employment is terminated by the Company or any successor to the Company for any reason other than Cause, or (2) the Executive terminates his employment due to Good Reason, then the Executive will be entitled to receive the severance payments and benefits set forth in Article IV below; provided, however, that no severance payments shall be made, or continuing benefits provided, under this Agreement, if any of the following apply: (a) The Executive voluntarily resigns or retires from employment other than timely resignation for Good Reason; (b) The Executive is terminated for Cause; (c) The Executive’s employment terminates as a result of death or Disability; or (d) The Executive declines to sign and return the Release Agreement set forth in Exhibit A hereto, or revokes such Release Agreement within the time provided therein.
Appears in 8 contracts
Samples: Change in Control Severance Agreement (Stanley, Inc.), Change in Control Severance Agreement (Stanley, Inc.), Change in Control Severance Agreement (Stanley, Inc.)
Qualifying Terminations. If, during the Term of this Agreement and either within 24 36 months after a Change in Control or within a Potential Change in Control PeriodPeriod (as defined herein), (1) the Executive’s your employment is terminated by the Company or any successor to the Company for any reason other than Cause, or (2) the Executive terminates his you terminate your employment due to Good ReasonReason (a “Qualifying Termination”), then the Executive you will be entitled to receive the severance payments and benefits set forth in Article IV below; provided, however, that no severance payments shall be made, or continuing benefits provided, under this Agreement, if any of the following apply:
(a) The Executive 1. you voluntarily resigns resign or retires retire from employment other than timely resignation for Good Reason;
(b) The Executive is 2. you are terminated for Cause;
(c) The Executive’s 3. your employment terminates as a result of death or Disability; or
(d) The Executive declines 4. you decline to sign and return the Release Agreement set forth in Exhibit A heretohereto within thirty (30) days of your Date of Termination, or revokes you revoke such Release Agreement within the time provided therein.
Appears in 8 contracts
Samples: Executive Change in Control and Severance Agreement (NCI, Inc.), Executive Change in Control and Severance Agreement (NCI, Inc.), Executive Change in Control and Severance Agreement (NCI, Inc.)
Qualifying Terminations. If, during the Term of this Agreement and either within 24 36 months after a Change in Control or within a Potential Change in Control Period, (1) the Executive’s employment is terminated by the Company or any successor to the Company for any reason other than Cause, or (2) the Executive terminates his employment due to Good Reason, then the Executive will be entitled to receive the severance payments and benefits set forth in Article IV below; provided, however, that no severance payments shall be made, or continuing benefits provided, under this Agreement, if any of the following apply:
(a) The Executive voluntarily resigns or retires from employment other than timely resignation for Good Reason;
(b) The Executive is terminated for Cause;
(c) The Executive’s employment terminates as a result of death or Disability; or
(d) The Executive declines to sign and return the Release Agreement set forth in Exhibit A hereto, or revokes such Release Agreement within the time provided therein.
Appears in 1 contract
Samples: Change in Control Severance Agreement (Stanley, Inc.)