Common use of Resignation by Executive Following A Change in Control Clause in Contracts

Resignation by Executive Following A Change in Control. Executive may resign from the Company's employ during the thirty (30) day period commencing on the first anniversary following a Change in Control of the Company for any reason by providing the Company with a written notice of termination. Should Executive notify the Company that Good Reason exists at any time within the twenty-four (24) months following a Change in Control and should the event constituting Good Reason continue for more than ten (10) days following Executive's notice, Executive may, at his option, immediately resign or resign at any time during such twenty-four month period and any such resignation shall be treated as a resignation for Good Reason under this Agreement. For purposes of this Agreement, a Change in Control of the Company means the occurrence of one of the following events:

Appears in 4 contracts

Samples: Employment Agreement (Genesis Health Ventures Inc /Pa), Employment Agreement (Genesis Health Ventures Inc /Pa), Employment Agreement (Genesis Health Ventures Inc /Pa)

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Resignation by Executive Following A Change in Control. Executive may resign from the Company's employ during the thirty ninety (3090) day period commencing on the first anniversary following a date that is six (6) months after any Change in Control of the Company for any reason by providing the Company with a written notice of termination. Should Notwithstanding anything to the contrary in Section 6.4, should Executive notify the Company that Good Reason exists at any time within the twenty-four (24) months following a any Change in Control and should the event constituting Good Reason continue for more than ten (10) days following Executive's notice, Executive may, at his option, immediately resign or resign at any time during such twenty-four month period and any such resignation shall be treated as a resignation for Good Reason under this Agreement. For purposes of this Agreement, a Change in Control of the Company means the occurrence of one of the following events:

Appears in 2 contracts

Samples: Release Agreement (Genesis Healthcare Corp), Employment Agreement (Genesis Healthcare Corp)

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