Common use of Termination After a Change of Control Clause in Contracts

Termination After a Change of Control. In the event Executive’s employment with the Company is terminated without Cause, or Executive resigns for Good Reason, within ninety (90) days prior to or twenty-four (24) months following a Change of Control (a “Change of Control Termination”), then Executive shall be eligible for severance benefits as set forth in Section 4.3 of Exhibit A, attached hereto.

Appears in 8 contracts

Samples: Key Employee Agreement (Watson Pharmaceuticals Inc), Key Employee Agreement (Watson Pharmaceuticals Inc), Key Employee Agreement (Watson Pharmaceuticals Inc)

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Termination After a Change of Control. In the event Executive’s 's employment with the Company is terminated without Cause, or Executive resigns for Good Reason, within ninety (90) days prior to or twenty-four (24) months following a Change of Control (a "Change of Control Termination"), then Executive shall be eligible for severance benefits as set forth in Section 4.3 of Exhibit A, attached hereto.

Appears in 2 contracts

Samples: Key Employee Agreement (Watson Pharmaceuticals Inc), Key Employee Agreement (Watson Pharmaceuticals Inc)

Termination After a Change of Control. In the event Executive’s employment with the Company is terminated without Cause, or Executive resigns for Good Reason, within ninety (90) days prior to or within twenty-four (24) months following a Change of Control (a “Change of Control Termination”), then Executive shall be eligible for severance benefits as set forth in Section 4.3 of Exhibit A, attached hereto.

Appears in 1 contract

Samples: Key Employee Agreement (Watson Pharmaceuticals Inc)

Termination After a Change of Control. In the event Executive’s employment with the Company is terminated without Cause, or Executive resigns for Good Reason, in each case within ninety (90) days prior to or twenty-four twelve (2412) months following a Change of Control (a “Change of Control Termination”), then Executive shall be eligible for severance benefits as set forth in Section 4.3 4.4 of Exhibit Athe Compensation and Severance Terms Schedule, attached hereto.hereto as Exhibit A.

Appears in 1 contract

Samples: Key Employee Agreement (Watson Pharmaceuticals Inc)

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Termination After a Change of Control. In the event Executive’s 's employment with the Company is terminated without Cause, or Executive resigns for Good Reason, within ninety thirteen (90) days prior to or twenty-four (2413) months following a Change of Control (a "Change of Control Termination"), then Executive shall be eligible for severance benefits as set forth in Section 4.3 of Exhibit A, attached hereto.

Appears in 1 contract

Samples: Key Employee Agreement (Watson Pharmaceuticals Inc)

Termination After a Change of Control. In the event Executive’s employment with the Company is terminated without Cause, or Executive resigns for Good Reason, in each case within ninety (90) days prior to or twenty-four twelve (2412) months following a Change of Control (a “Change of Control Termination”), then Executive shall be eligible for severance benefits as set forth in Section 4.3 of the Compensation and Severance Terms Schedule, attached hereto as Exhibit A, attached heretoand the Awards, which shall accelerate and become one hundred percent (100%) vested as of the effective date of termination, in exchange for Executive’s execution of the Release.

Appears in 1 contract

Samples: Key Employee Agreement (Watson Pharmaceuticals Inc)

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