Common use of Termination by Employer Without Cause After Change of Control or by Employee for Good Reason Clause in Contracts

Termination by Employer Without Cause After Change of Control or by Employee for Good Reason. In the event of the termination of Employee's employment by Employer pursuant to Section 2.02 within two years after a Change of Control or by Employee pursuant to Section 2.05, within ten days of termination Employer shall pay to Employee, in a lump sum, the lesser of (i) all Base Salary which Employer is obligated to pay to Employee pursuant to Section 3.01 through the End Date or (ii) six months' Base Salary which Employer is obligated to pay to Employee pursuant to Section 3.01 during the current fiscal year.

Appears in 3 contracts

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

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Termination by Employer Without Cause After Change of Control or by Employee for Good Reason. In the event of the termination of Employee's employment by Employer pursuant to Section 2.02 within two years after a Change of Control or by Employee pursuant to Section 2.05, within ten days of termination Employer shall pay to Employee, in a lump sum, the lesser of (i) all Base Salary which Employer is obligated to pay to Employee pursuant to Section 3.01 through the End Date or (ii) six months' one year of Base Salary which Employer is obligated to pay to Employee pursuant to Section 3.01 during the current fiscal year.

Appears in 2 contracts

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

Termination by Employer Without Cause After Change of Control or by Employee for Good Reason. In the event of the termination of Employee's employment by Employer pursuant to Section 2.02 within two years after a Change of Control or by Employee pursuant to Section 2.05, within ten days of termination termination, Employer shall pay to Employee, in a lump sum, the lesser of (i) all Base Salary which Employer is obligated to pay to Employee pursuant to Section 3.01 through the End Date or (ii) six months' one year of Base Salary which Employer is obligated to pay to Employee pursuant to Section 3.01 during the current fiscal year.

Appears in 1 contract

Samples: Employment Agreement (Rentrak Corp)

Termination by Employer Without Cause After Change of Control or by Employee for Good Reason. In the event of the termination of Employee's employment by Employer pursuant to Section 2.02 for any reason other than in Sections 2.4 or 2.5 within two years after a Change of Control or by Employee pursuant to Section 2.052.6, within ten days of termination Employer shall pay to Employee, in a lump sum, the lesser greater of (i) all Base Salary which Employer is Employer's obligated to pay to Employee pursuant to Section 3.01 3.1 through the End Date or (ii) six months' Base Salary which Employer is obligated to pay to Employee pursuant to Section 3.01 3.1 during the current fiscal year.

Appears in 1 contract

Samples: Employment Agreement (Blowout Entertainment Inc)

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Termination by Employer Without Cause After Change of Control or by Employee for Good Reason. In the event of the termination of Employee's employment by Employer pursuant to Section 2.02 within two (2) years after a Change of Control or by Employee pursuant to Section 2.05, within ten (10) days of termination termination, Employer shall pay to Employee, in a lump sum, the lesser of (ia) all Base Salary which Employer is obligated to pay to Employee pursuant to Section 3.01 through the End Date Term or (iib) six months' one year of Base Salary which Employer is obligated to pay to Employee pursuant to Section 3.01 during the current fiscal year.

Appears in 1 contract

Samples: Employment Agreement (Rentrak Corp)

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