Common use of Rights of Executive Following a Change in Control Clause in Contracts

Rights of Executive Following a Change in Control. (a) The Company shall provide the Executive, within 10 business days following the applicable Termination Date, Severance Compensation in lieu of compensation to the Executive for periods subsequent to the Termination Date, but without affecting any other rights of the Executive at law or in equity, if any of the following events occur: (i) the Company terminates the Executive’s employment within two years after a Change in Control that occurs during the Term, other than for either of the following reasons: (A) the Executive becomes permanently disabled and is unable to work for a period of 180 consecutive days (a “Disability”); or (B) for Cause; (ii) the Executive terminates his employment during the Term, but after a Change in Control, by providing written notice to the Company (which shall indicate the specific termination provision in this Agreement relied upon and shall set forth in reasonable detail the facts and circumstances claimed to provide a basis for such termination) within sixty (60) days after the Executive’s base salary is decreased by twenty (20) percent or more within two years after a Change in Control that occurs during the Term.

Rights of Executive Following a Change in Control. (a) The Company shall provide the Executive, within 10 business days following the applicable Termination Date, Severance Compensation in lieu of compensation to the Executive for periods subsequent to the Termination Date, but without affecting any other rights of the Executive at law or in equity, if any of the following events occur: (i1) the Company terminates the Executive’s employment within two years after a Change in Control that occurs during the Term, other than for either of the following reasons: (Ai) the Executive becomes permanently disabled and is unable to work for a period of 180 consecutive days (a “Disability”); or (Bii) for Cause; (ii2) the Executive terminates his employment during the Term, but after a Change in Control, by providing written notice to the Company (which shall indicate the specific termination provision in this Agreement relied upon and shall set forth in reasonable detail the facts and circumstances claimed to provide a basis for such termination) within sixty (60) days after the Executive’s base salary is decreased by twenty (20) percent or more within two years after a Change in Control that occurs during the Term.

Rights of Executive Following a Change in Control. (a) The Company shall provide the Executive, within 10 business days following the applicable Termination Date, Severance Compensation in lieu of compensation to the Executive for periods subsequent to the Termination Date, but without affecting any other rights of the Executive at law or in equity, if any of the following events occur: (i) the Company terminates the Executive’s employment within two years after a Change in Control that occurs during the Term, other than for either of the following reasons: (A) the Executive becomes permanently disabled and is unable to work for a period of 180 consecutive days (a “Disability”); or (B) for CauseSummary Termination; (ii) the Executive terminates his employment during the Term, but after a Change in Control, by providing written notice to the Company (which shall indicate the specific termination provision in this Agreement relied upon and shall set forth in reasonable detail the facts and circumstances claimed to provide a basis for such termination) within sixty (60) days after the Executive’s base salary is decreased by twenty (20) percent or more within two years after a Change in Control that occurs during the Term.

Rights of Executive Following a Change in Control. (a) The Company shall provide the Executive, within 10 business days following the applicable Termination Date, Severance Compensation in lieu of compensation to the Executive for periods subsequent to the Termination Date, but without affecting any other rights of the Executive at law or in equity, if any of the following events occur: (i) the Company terminates the Executive’s employment within two years after a Change in Control that occurs during the Term, other than for either of the following reasons: (A) the Executive becomes permanently disabled and is unable to work for a period of 180 consecutive days (a “Disability”); or (B) for Cause; (ii) the Executive terminates his employment during the Term, but after a Change in Control, by providing written notice to the Company (which shall indicate the specific termination provision in this Agreement relied upon and shall set forth in reasonable detail the facts and circumstances claimed to provide a basis for such termination) within sixty (60) days after the Executive’s base salary is decreased by twenty (20) percent or more within two years after a Change in Control that occurs during the Term.