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 (as defined below), Executive agrees that he will not voluntarily leave the employ of Equity on less than six months written notice to the Chairman of the Board of Equity, and will render the services expected of the shareholders of Equity, until the third person has abandoned or terminated its efforts to effect a Change in Control or for six months subsequent to the occurrence of a Change in Control in order to facilitate an orderly transition.

Appears in 2 contracts

Samples: Change in Control Compensation Agreement (Equity Oil Co), Change in Control Compensation Agreement (Equity Oil Co)

AutoNDA by SimpleDocs

Services During Certain Events. In the event a third person begins a tender or exchange offer, circulates a proxy to stockholdersshareholders, or takes other steps seeking to effect a Change in of Control (as defined belowhereafter defined), the Executive agrees that he will not voluntarily leave the employ of Equity on less than six months written notice to the Chairman of the Board of EquityCorporation, and will render the services expected of contemplated in the shareholders of Equityrecitals to this Agreement, until the third person has abandoned or terminated his or its efforts to effect a Change in of Control or for until six months subsequent to the occurrence of after a Change in of Control in order to facilitate an orderly transitionhas occurred.

Appears in 2 contracts

Samples: Executive Severance Agreement (Viad Corp), Executive Severance Agreement (Viad Corp)

Services During Certain Events. In the event that a third person begins a tender or exchange offer, circulates a proxy to stockholders, or takes other steps seeking to effect a Change Change-in Control (as defined belowhereafter defined), the Executive agrees that he will not voluntarily leave the employ of Equity on less than six months written notice to the Chairman of the Board of EquityCompany, and will render the services expected of contemplated in the shareholders of Equityrecitals to this Agreement, until the third person has abandoned or terminated his or its efforts to effect a Change in Control or for six months subsequent to the occurrence of until after such a Change in Control in order to facilitate an orderly transitionhas been effected.

Appears in 1 contract

Samples: Senior Executive Termination Benefits Agreement (Telco Systems Inc /De/)

Services During Certain Events. In the event that a third person begins a tender or exchange offer, circulates a proxy to stockholders, or takes other steps seeking to effect a Change in Control (as defined belowhereafter defined), the Executive agrees that he will not voluntarily leave the employ of Equity on less than six months written notice to the Chairman of the Board of EquityCompany, and will render the services expected of contemplated in the shareholders of Equityrecitals to this Agreement, until the third person has abandoned or terminated its efforts to effect a Change in Control or for six months subsequent to the occurrence of a Change in Control in order to facilitate an orderly transition.abandoned

Appears in 1 contract

Samples: Senior Executive Termination Benefits Agreement (Telco Systems Inc /De/)

AutoNDA by SimpleDocs

Services During Certain Events. In the event If a third person begins a tender or exchange offer, circulates a proxy to stockholders, or takes other steps to effect a Change in Control (as defined belowin Section 2), Executive agrees that he will Executive shall not voluntarily leave the employ of Equity on less than six months written notice to the Chairman of the Board of Equity, Reynolds and will shall render the services expected of contemplxxxx xx the shareholders of Equityrecitals to this Agreement, until the third person has abandoned or terminated its such person's efforts to effect a Change in Control or for six months subsequent to the occurrence of until a Change in Control in order to facilitate an orderly transitionhas occurred.

Appears in 1 contract

Samples: Executive Severance Agreement (Reynolds Metals Co)

Services During Certain Events. In the event a third person begins a tender or exchange offer, circulates a proxy to stockholdersshareholders, or takes other over steps to effect a Change in of Control (as defined belowhereafter defined), the Executive agrees that he will not voluntarily leave the employ of Equity on less than six months written notice to the Chairman of the Board of EquityCorporation, and will render the services expected of contemplated in the shareholders of Equityrecitals to this Agreement, until the third person has abandoned or terminated its his efforts to effect a Change in of Control or for six months subsequent to the occurrence of until a Change in of Control in order to facilitate an orderly transitionhas occurred.

Appears in 1 contract

Samples: Executive Severance Agreement (Valero Refining & Marketing Co)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!