Common use of Severance Benefits on Non-Change of Control Termination Clause in Contracts

Severance Benefits on Non-Change of Control Termination. Subject to the provisions of Section 6.4(b) and Section 6.4(d), if prior to the date that precedes a Change of Control by at least six months, or more than two years after the occurrence of a Change of Control (as defined below), the Company terminates the Employee’s employment without Cause, or the Employee terminates the Employee’s employment for Good Reason, then the Employee will be entitled to the following benefits (the “Severance Benefits”) payable in a lump sum within 30 days following the Termination Date:

Appears in 8 contracts

Samples: Employment Agreement (Riviera Resources, LLC), Employment Agreement (Linn Energy, Inc.), Employment Agreement (Linn Energy, Inc.)

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Severance Benefits on Non-Change of Control Termination. Subject to the provisions of Section 6.4(b) and Section 6.4(d), if prior to the date that precedes a Change of Control by at least six (6) months, or more than two years twenty-four (24) months after the occurrence of a Change of Control (as defined below), ) the Company terminates the Employee’s employment without Cause, or the Employee terminates the Employee’s his employment for Good Reason, then the Employee will be entitled to the following payments and benefits (the “Severance Benefits”) payable in a lump sum within 30 days following the Termination Date:

Appears in 4 contracts

Samples: Employment and Severance Agreement (Ring Energy, Inc.), Employment and Severance Agreement (Ring Energy, Inc.), Employment and Severance Agreement (Ring Energy, Inc.)

Severance Benefits on Non-Change of Control Termination. Subject to the provisions of Section 6.4(b) and Section 6.4(d), if prior to the date that precedes a Change of Control by at least six (6) months, or more than two (2) years after the occurrence of a Change of Control (as defined below), ) the Company terminates the Employee’s employment without Cause, or the Employee terminates the Employee’s his employment for Good Reason, then the Employee will be entitled to the following benefits (the “Severance Benefits”) payable in a lump sum within 30 thirty (30) days following the Termination Date:

Appears in 3 contracts

Samples: Employment Agreement (Linn Energy, LLC), Employment Agreement (Linn Energy, LLC), Employment Agreement (Linn Energy, LLC)

Severance Benefits on Non-Change of Control Termination. Subject to the provisions of Section 6.4(b) and Section 6.4(d), if prior to the date that precedes a Change of Control by at least six (6) months, or more than two years eighteen (18) months after the occurrence of a Change of Control (as defined below), ) the Company terminates the Employee’s employment without Cause, or the Employee terminates the Employee’s his employment for Good Reason, then the Employee will be entitled to the following benefits (the “Severance Benefits”) payable in a lump sum within 30 thirty (30) days following the Termination Date:

Appears in 3 contracts

Samples: Employment Agreement (Yuma Energy, Inc.), Employment Agreement (Yuma Energy, Inc.), Employment Agreement (Yuma Energy, Inc.)

Severance Benefits on Non-Change of Control Termination. Subject to the provisions of Section 6.4(b) and Section 6.4(d), if prior to the date that precedes a Change of Control by at least six months, or more than two years after the occurrence of a Change of Control (as defined below), the Company terminates the Employee’s employment without Cause, or the Employee terminates the Employee’s his employment for Good Reason, then the Employee will be entitled to the following benefits (the “Severance Benefits”) payable in a lump sum within 30 days following the Termination Date:

Appears in 3 contracts

Samples: Employment Agreement (Linn Energy, Inc.), Employment Agreement (LinnCo, LLC), Employment Agreement (LinnCo, LLC)

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Severance Benefits on Non-Change of Control Termination. Subject to the provisions of Section 6.4(b) and Section 6.4(d6.4(c)(vi), if prior to the date that precedes a Change of Control by at least six months, or more than two years after the occurrence of a Change of Control (as defined below), the Company terminates the Employee’s employment without Cause, or the Employee terminates the Employee’s his employment for Good Reason, then the Employee will be entitled to the following benefits (the “Severance Benefits”) payable in a lump sum within 30 days following the Termination Date:

Appears in 2 contracts

Samples: Employment Agreement (LinnCo, LLC), Employment Agreement (LinnCo, LLC)

Severance Benefits on Non-Change of Control Termination. Subject to the provisions of Section 6.4(b) and Section 6.4(d), if prior to the date that precedes a Change of Control by at least six months, (6) months or more than two (2) years after the occurrence of a Change of Control (as defined below), ) the Company terminates the Employee’s employment without Cause, or the Employee terminates the Employee’s his employment for Good Reason, then the Employee will be entitled to the following benefits (the “Severance Benefits”) payable in a lump sum within 30 thirty (30) days following the Termination Date:

Appears in 2 contracts

Samples: Employment Agreement (Linn Energy, LLC), Employment Agreement (Linn Energy, LLC)

Severance Benefits on Non-Change of Control Termination. Subject to the provisions of Section 6.4(b) and Section 6.4(d), if prior to the date that precedes a Change of Control by at least six months, (6) months or more than two (2) years after the occurrence of a Change of Control (as defined below), ) the Company terminates the Employee’s employment without Cause, or the Employee terminates the Employee’s his employment for Good Reason, then the Employee will be entitled to the following benefits (the “Severance Benefits”) payable in a lump sum within 30 thirty (30) days following the Termination Date:: 040707, 000014, 102625617.2

Appears in 1 contract

Samples: Employment Agreement (Linn Energy, LLC)

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