Common use of Services During Certain Events Clause in Contracts

Services During Certain Events. In the event a third person begins a tender or exchange offer, circulates a proxy to stockholders, or takes other steps to effect a Change in Control, Executive agrees that he will not voluntarily terminate employment with Kaydon (or the Subsidiary then employing Executive) on less than three months written notice to the Chief Executive Officer of Kaydon, will render the services expected of his position, and will act in all things related to the interests of the stockholders of Kaydon until the third person has abandoned or terminated the efforts to effect a Change in Control or until a Change in Control has occurred.

Appears in 12 contracts

Samples: Change in Control Compensation Agreement (Kaydon Corp), Change in Control Compensation Agreement (Kaydon Corp), Change in Control Compensation Agreement (Kaydon Corp)

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Services During Certain Events. In the event a third person begins a tender or exchange offer, circulates a proxy to stockholders, or takes other steps to effect a Change in Control, Executive agrees that he will not voluntarily terminate employment with Kaydon (or the Subsidiary then employing Executive) on less than three months written notice to the Board of Directors or the Chief Executive Officer of Kaydon, will render the services expected of his position, and will act in all things related to the interests of the stockholders of Kaydon until the third person has abandoned or terminated the efforts to effect a Change in Control or until a Change in Control has occurred.

Appears in 7 contracts

Samples: Change in Control Compensation Agreement (Kaydon Corp), Change in Control Compensation Agreement (Kaydon Corp), Change in Control Compensation Agreement (Kaydon Corp)

Services During Certain Events. In the event a third person begins a tender or exchange offer, circulates a proxy to stockholders, or takes other steps to effect a Change in ControlControl (as defined below), Executive agrees that he will not voluntarily terminate employment with leave the employ of Kaydon (or the Subsidiary subsidiary then employing Executive) him on less than three months written notice to the Chief Executive Officer Chairman of the Board of Kaydon, will render the services expected of his position, and will act in all things related to the interests of the stockholders shareholders of Kaydon until the third person has abandoned or terminated the efforts to effect a Change in Control or until a Change in Control has occurred.

Appears in 1 contract

Samples: Change in Control Compensation Agreement (Kaydon Corp)

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Services During Certain Events. In the event a third person begins a tender or exchange offer, circulates a proxy to stockholders, or takes other steps to effect a Change in Control, Executive agrees that he she will not voluntarily terminate employment with Kaydon (or the Subsidiary then employing Executive) on less than three months written notice to the Board of Directors or the Chief Executive Officer of Kaydon, will render the services expected of his her position, and will act in all things related to the interests of the stockholders of Kaydon until the third person has abandoned or terminated the efforts to effect a Change in Control or until a Change in Control has occurred.

Appears in 1 contract

Samples: Change in Control Compensation Agreement (Kaydon Corp)

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