Common use of Severance in Connection with a Change In Control Clause in Contracts

Severance in Connection with a Change In Control. If both (x) the Company experiences a Change in Control at any time during the Term and (y) at the occurrence of, or within two (2) years after, the Change in Control either (1) the Executive’s employment is terminated by the Company other than for Cause, death, or disability or (2) the Executive resigns for Good Reason, the following provisions shall apply:

Appears in 2 contracts

Samples: Employment Agreement (Trustmark Corp), Employment Agreement (Trustmark Corp)

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Severance in Connection with a Change In Control. If at any time during the Term and on or before December 31, 2009 both (xi) the Company experiences a Change in Control at any time during and (ii) either (a) the Term and (y) at the occurrence of, or within two (2) years after, the Change in Control either (1) the Executive’s employment is Executive are terminated by the Company other than for Cause, death, or disability or Retirement or (2b) the Executive resigns for Good Reason, the following provisions shall apply:

Appears in 1 contract

Samples: Employment Agreement (Trustmark Corp)

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Severance in Connection with a Change In Control. If both (x) the Company experiences a Change in Control at any time during the Term and (y) at the occurrence of, or within two (2) years after, the Change in Control either (1) the Executive’s employment is terminated by the Company other than for Cause, death, disability or disability Retirement or (2) the Executive resigns for Good Reason, the following provisions shall apply:

Appears in 1 contract

Samples: Employment Agreement (Trustmark Corp)

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