Common use of Termination Benefits upon a Change in Control Clause in Contracts

Termination Benefits upon a Change in Control. If, during the two-year period following a Change in Control, there is a Termination of Employment Without Cause or a Termination of Employment by the Executive for Good Reason, the Company's sole obligations to Executive under Articles IV, V and VI and the Annual Incentive Plan shall be as set forth in this Section 7.4. Executive shall receive the following:

Appears in 4 contracts

Samples: Employment Agreement (Salton Inc), Employment Agreement (Salton Inc), Employment Agreement (Salton Inc)

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