Common use of Resignation for Other Than Good Cause After Clause in Contracts

Resignation for Other Than Good Cause After. a Change-of-Control. In the event that the Company undergoes a Change-of-Control and Executive remains with the Company for 12 months following the effective date of the Change-of-Control, Executive will be given a 30-day "window period" in which to elect to voluntarily terminate Executive's employment for reasons other than good cause. Should Executive choose to terminate Executive's employment within the 30-day "window period," then Executive shall be entitled to the following compensation:

Appears in 9 contracts

Samples: Senior Executive Employment Agreement (Pacificare Health Systems Inc /De/), Senior Executive Employment Agreement (Pacificare Health Systems Inc /De/), Senior Executive Employment Agreement (Pacificare Health Systems Inc /De/)

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Resignation for Other Than Good Cause After. a Change-of-Control. In the event that the Company undergoes a Change-of-Control and Executive remains with the Company for 12 months following the effective date of the Change-of-Control, Executive will be given a 30-day "window period" in which to elect to voluntarily terminate Executive's employment for reasons other than good cause. Should Executive choose to terminate Executive's employment within the 30-day "window period," then Executive shall be entitled to the following compensation:: EXHIBIT 10.10

Appears in 1 contract

Samples: Senior Executive Employment Agreement (Pacificare Health Systems Inc /De/)

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