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

Termination After a Change of Control. If an Involuntary Termination occurs within one (1) year after a Change of Control, then Executive shall receive the payments required by Section 2.5(d), except that for purposes of Section 2.5(d)(ii), Executive shall receive seventy-five percent (75%) of Employee's annualized Salary in the year of the Change of Control payable semi-monthly over nine (9) months.

Termination After a Change of Control. If a Termination without Cause ------------------------------------- or an Involuntary Termination occurs within one (1) year two years after a Change of Control, then Executive shall receive the payments required by Section 2.5(d), except that for purposes of Section 2.5(d)(ii), Executive shall receive seventy-five percent three (75%3.0) of times the sum of: i) Employee's annualized Salary in the year of the Change of Control payable semi-monthly over nine (9and ii) monthsthe highest bonus received by Employee from the Company in the year of the Change of Control or any prior year.

Termination After a Change of Control. If a Termination without Cause or an Involuntary Termination occurs within one (1) year two years after a Change of Control, then Executive shall receive the payments required by Section 2.5(d), except that for purposes of Section 2.5(d)(ii), Executive shall receive seventy-five percent three (75%3.0) of times the sum of: i) Employee's annualized Salary in the year of the Change of Control payable semi-monthly over nine (9and ii) monthsthe highest bonus received to Employee from the Company in the year of the Change of Control or any prior year.

Termination After a Change of Control. If a Termination without ------------------------------------- Cause or an Involuntary Termination occurs within one (1) year two years after a Change of Control, then Executive shall receive the payments required by Section 2.5(d), except that for purposes of Section 2.5(d)(ii), Executive shall receive seventy-five percent three (75%3.0) of times the sum of: i) Employee's annualized Salary in the year of the Change of Control payable semi-monthly over nine (9and ii) monthsthe highest bonus received to Employee from the Company in the year of the Change of Control or any prior year.

Termination After a Change of Control. If a Termination without Cause or ------------------------------------- an Involuntary Termination occurs within one (1) year two years after a Change of Control, then Executive shall receive the payments required by Section 2.5(d), except that for purposes of Section 2.5(d)(ii), Executive shall receive seventy-five percent three (75%3.0) of times the sum of: i) Employee's annualized Salary in the year of the Change of Control payable semi-monthly over nine (9and ii) monthsthe highest bonus received by Employee from the Company in the year of the Change of Control or any prior year.

Termination After a Change of Control. If a Termination without ------------------------------------- Cause or an Involuntary Termination occurs within one (1) year two years after a Change of Control, then Executive shall receive the payments required by Section 2.5(d), except that for purposes of Section 2.5(d)(ii), Executive shall receive seventy-five percent three (75%3.0) of times the sum of: i) Employee's annualized Salary in the year of the Change of Control payable semi-monthly over nine (9and ii) monthsthe highest bonus received by Employee from the Company in the year of the Change of Control or any prior year.