Common use of R E C I T A L S Clause in Contracts

R E C I T A L S. It is expected that the Company from time to time will consider the possibility of a Change of Control. The Board of Directors of the Company (the “Board”) recognizes that such consideration can be a distraction to the Employee and can cause the Employee to consider alternative employment opportunities.

Appears in 35 contracts

Samples: Change of Control Severance Agreement (Pinnacle Systems Inc), Change of Control Severance Agreement (Pixelworks Inc), Change of Control Severance Agreement (Pinnacle Systems Inc)

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R E C I T A L S. It is expected that the Company from time to time will consider the possibility of a Change of Control. The Board of Directors of the Company (the "Board") recognizes that such consideration can be a distraction to the Employee and can cause the Employee to consider alternative employment opportunities.

Appears in 19 contracts

Samples: Change of Control Severance Agreement (Remec Inc), Change of Control Severance Agreement (Spectrian Corp /Ca/), Change of Control Severance Agreement (Netiq Corp)

R E C I T A L S. It is expected that the Company may from time to time will consider the possibility of a Change of ControlControl (as hereinafter defined). The Board of Directors of the Company (the “Board”) recognizes that such consideration can could be a distraction to the Employee and can could cause the Employee to consider alternative employment opportunities.

Appears in 11 contracts

Samples: Change of Control Severance Agreement, Change of Control Severance Agreement (XOMA Corp), Change of Control Severance Agreement (XOMA Corp)

R E C I T A L S. It is expected that the Company from time to time will consider the possibility of a Change of Control. The Board of Directors of the as Company (the "Board") recognizes that such consideration can be a distraction to the Employee and can cause the Employee to consider alternative employment opportunities.

Appears in 10 contracts

Samples: Change of Control Severance Agreement (Somnus Medical Technologies Inc), Change of Control Severance Agreement (Silicon Energy Corp), Change of Control Severance Agreement (Silicon Energy Corp)

R E C I T A L S. It is expected that the Company from time to time will may consider the possibility of a Change of ControlControl (as defined below). The Board of Directors of the Company (the “Board”) recognizes that such consideration can be a distraction to the Employee and can cause the Employee to consider alternative employment opportunities. The Board has determined that it is in the best interests of the Company and its stockholders to assure that the Company will have the continued dedication and objectivity of the Employee, notwithstanding the possibility, threat or occurrence of a Change of Control of the Company.

Appears in 9 contracts

Samples: Management Retention Agreement (Palm Inc), Management Retention Agreement (Palmsource Inc), Management Retention Agreement (Palm Inc)

R E C I T A L S. It is expected that the Company from time to time will may consider the possibility of a Change of ControlControl (as defined below). The Board of Directors of the Company (the “Board”) recognizes that such consideration can be a distraction to the Employee Executive and can cause the Employee Executive to consider alternative employment opportunities. The Board has determined that it is in the best interests of the Company and its stockholders to assure that the Company will have the continued dedication and objectivity of the Executive, notwithstanding the possibility, threat or occurrence of a Change of Control of the Company.

Appears in 8 contracts

Samples: Management Retention Agreement (Pc Tel Inc), Management Retention Agreement (Pc Tel Inc), Management Retention Agreement (Pc Tel Inc)

R E C I T A L S. It is expected that the Company from time to time will consider the possibility of a Change of Control. The Board of Directors of the as Company (the “Board”) recognizes that such consideration can be a distraction to the Employee and can cause the Employee to consider alternative employment opportunities.

Appears in 6 contracts

Samples: Change of Control Severance Agreement (Utstarcom Inc), Change of Control and Severance Agreement (Therasense Inc), Change of Control Severance Agreement (Utstarcom Inc)

R E C I T A L S. It is expected that the The Company may from time to time will consider the possibility of a Change of Control. The Board of Directors of the Company (the "Board") recognizes that such consideration can be a distraction to the Employee and can cause the Employee to consider alternative employment opportunities.

Appears in 6 contracts

Samples: Change of Control Severance Agreement (E Stamp Corp), Change of Control Severance Agreement (E Stamp Corp), Change of Control Severance Agreement (E Stamp Corp)

R E C I T A L S. It is expected that the Company from time to time will may consider the possibility of a Change of Control. The Board of Directors of the Company (the “Board”) recognizes that such consideration can be a distraction to the Employee and can cause the Employee to consider alternative employment opportunities.

Appears in 5 contracts

Samples: Change of Control Option Acceleration Agreement (Synplicity Inc), Change of Control Option Acceleration Agreement (Synplicity Inc), Change of Control Option Acceleration Agreement (Synplicity Inc)

R E C I T A L S. It is expected that the Company from time to time will consider the possibility of a Change of ControlControl (as defined below). The Board of Directors of the Company (the “Board”) recognizes that such consideration can be a distraction to the Employee and can cause the Employee to consider alternative employment opportunities. The Board of Directors has determined that it is in the best interests of the Company and its shareholders to assure that the Company will have the continued dedication and objectivity of the Employee, notwithstanding the possibility, threat or occurrence of a Change of Control.

Appears in 3 contracts

Samples: Vp Continuity Agreement (Arthrocare Corp), Vp Continuity Agreement (Arthrocare Corp), Ceo Continuity Agreement (Arthrocare Corp)

R E C I T A L S. It is expected that the Company from time to time will consider the possibility of a Change of Control. The Board of Directors of the Company (the “Board”) recognizes that such consideration can be a distraction to the Employee Executive and can cause the Employee Executive to consider alternative employment opportunities.

Appears in 2 contracts

Samples: Change of Control Agreement (Remec Inc), Change of Control Agreement (Remec Inc)

R E C I T A L S. It is expected that the Company from time to time will consider the possibility of a Change of in Control. The Board of Directors of the Company (the "Board") recognizes that such consideration can be a distraction to the Employee and can cause the Employee to consider alternative employment opportunities.

Appears in 2 contracts

Samples: Change in Control Severance Agreement (Engenio Information Technologies, Inc.), Change in Control Severance Agreement (Engenio Information Technologies, Inc.)

R E C I T A L S. It As you have been informed, it is expected that the Company from time to time will consider the possibility of a Change of Control. The Board of Directors of the Company (the “Board”) recognizes that such consideration can be a distraction to the Employee and can cause the Employee to consider alternative employment opportunities.

Appears in 2 contracts

Samples: Change of Control Severance Agreement (Genesis Microchip Inc /De), Change of Control Severance Agreement (Genesis Microchip Inc /De)

R E C I T A L S. It is expected that the Company from time to time will consider the possibility of a Change of in Control. The Board of Directors of the Company (the “Board”) recognizes that such consideration can be a distraction to the Employee and can cause the Employee to consider alternative employment opportunities.

Appears in 2 contracts

Samples: Change in Control Severance Agreement (Lsi Logic Corp), Change in Control Severance Agreement (Lsi Logic Corp)

R E C I T A L S. It is expected that the The Company from time to time will consider may be presented with the possibility of engaging in a Change of ControlControl transaction. The Board of Directors of the Company (the "Board") recognizes that such consideration can be a distraction to the Employee and can cause the Employee to consider alternative employment opportunities.

Appears in 2 contracts

Samples: Change of Control Severance Agreement (Goto Com Inc), Change of Control Severance Agreement (Overture Services Inc)

R E C I T A L S. It is expected that the Company from time to time will consider the possibility of a Change of Control. The Board of Directors of the Company (the "Board") recognizes that such consideration can be a distraction to the Employee Executive and can cause the Employee Executive to consider alternative employment opportunities.

Appears in 1 contract

Samples: Management Retention Agreement (Epicor Software Corp)

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R E C I T A L S. It is expected that the The Company may from time to time will consider the possibility of a Change of Control. The Board of Directors of the Company (the “Board”) recognizes that the possibility of such consideration can be a distraction to the Employee and can cause the Employee to consider alternative employment opportunities.

Appears in 1 contract

Samples: Change of Control Severance Agreement (Netiq Corp)

R E C I T A L S. It is expected that the Company from time to time will may consider the possibility of a Change of ControlControl (as defined below). The Board of Directors of the Company (the "Board") recognizes that such consideration can be a distraction to the Employee and can cause the Employee to consider alternative employment opportunities. The Board has determined that it is in the best interests of the Company and its stockholders to assure that the Company will have the continued dedication and objectivity of the Employee, notwithstanding the possibility, threat or occurrence of a Change of Control of the Company.

Appears in 1 contract

Samples: Management Retention Agreement (Palm Inc)

R E C I T A L S. It is expected that the Company from time to time will consider the possibility of a Change of Control. The Board of Directors of the Company (the "Board") recognizes that such consideration can be a distraction to the Employee Executive and can cause the Employee Executive to consider alternative employment opportunities.

Appears in 1 contract

Samples: Change of Control Agreement (Remec Inc)

R E C I T A L S. It is expected possible that the Company from time to time will may consider the possibility of a Change of Control. The Board of Directors of the Company (the “Board”) recognizes that such consideration can be a distraction to the Employee and can cause the Employee to consider alternative employment opportunities.

Appears in 1 contract

Samples: Employment Agreement (Bureau of National Affairs Inc)

R E C I T A L S. It is expected that the Company from time to time will consider the possibility of a Change of ControlControl (as defined herein). The Board of Directors of the Company (the "Board") recognizes that such consideration can be a distraction to the Employee and can cause the Employee to consider alternative employment opportunities.

Appears in 1 contract

Samples: Change of Control Severance Agreement (Aehr Test Systems)

R E C I T A L S. It The Company is expected that the Company from time to time will consider considering the possibility of a Change of Control. The Board of Directors of the Company (the "Board") recognizes that such consideration can be a distraction to the Employee and can cause the Employee to consider alternative employment opportunities.

Appears in 1 contract

Samples: Change of Control Agreement (Xicor Inc)

R E C I T A L S. It is expected that the The Company may from time to time will consider the possibility of a Change of Control. The Board of Directors of the Company (the “Board”) recognizes that such consideration can be a distraction to the Employee and can cause the Employee to consider alternative employment opportunities.

Appears in 1 contract

Samples: Change of Control Severance Agreement (Zagg INC)

R E C I T A L S. It is expected that the Company from time to time will consider the possibility of a Change of Control. The Board of Directors of the as Company (the Board”) recognizes that such consideration can be a distraction to the Employee and can cause the Employee to consider alternative employment opportunities.

Appears in 1 contract

Samples: Change of Control Severance Agreement (Utstarcom Inc)

R E C I T A L S. It is expected that the Company from time to time will consider the possibility of a Change of Control. The Board of Directors of the Company (the “Board”) recognizes that such consideration can be a distraction to the Employee Executive and can cause the Employee Executive to consider alternative employment opportunities.

Appears in 1 contract

Samples: Change of Control Severance Agreement (Genesis Microchip Inc /De)

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