Common use of Resignation for Corporate Change Clause in Contracts

Resignation for Corporate Change. Employee shall be entitled to terminate Employee’s employment for a Corporate Change (as defined herein), but only if Employee gives notice of Employee’s intent to terminate employment within 90 days following the effective date of such Corporate Change. If Employee terminates employment for a Corporate Change, Employee shall be entitled to the compensation and benefits provided in Section 7(a)(iii)(B). For the purposes of this Agreement, a “Corporate Change” shall occur if:

Appears in 2 contracts

Samples: Employment Agreement (Shaw Group Inc), Employment Agreement (Shaw Group Inc)

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Resignation for Corporate Change. Employee shall be entitled to terminate Employee’s employment for a Corporate Change (as defined herein), but only if Employee gives notice of Employee’s intent to terminate employment within 90 days following the effective date of such Corporate Change. If Employee terminates employment for a Corporate Change, Employee shall be entitled to the compensation and benefits provided in Section 7(a)(iii)(B). For the purposes of this Agreement, a “Corporate Change” shall occur if:Corporate

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (Shaw Group Inc)

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Resignation for Corporate Change. Employee shall be entitled to terminate Employee’s employment for a Corporate Change (as defined herein)) if Employee is not retained in Employee’s current (or a comparable) position, but only if Employee gives notice of Employee’s intent to terminate employment within 90 days following the effective date of such Corporate Change. If Employee terminates employment for a Corporate ChangeChange (provided that, Employee shall be entitled to notwithstanding the compensation and benefits provided in Section 7(a)(iii)(B). For foregoing, the purposes of this Agreement, a “Corporate Change” shall occur if:Notice

Appears in 1 contract

Samples: Employment Agreement (Shaw Group Inc)

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