Common use of Termination by Executive for Good Reason After a Change in Control Clause in Contracts

Termination by Executive for Good Reason After a Change in Control. Executive may terminate his employment hereunder for Good Reason, simultaneously with or within 24 months following a Change in Control, upon 90 days’ written notice to the Company; provided, however, that, if the Company has corrected the basis for such Good Reason within 30 days after receipt of such notice, Executive may not terminate his employment for Good Reason, and therefore Executive’s notice of termination will automatically become null and void. At the time Executive’s employment is terminated by Executive for Good Reason (i.e., at the expiration of such notice period), the Term will terminate, all obligations of the Company and Executive under Sections 1 through 5 of this Agreement will immediately cease (except as expressly provided below), and the Company will pay Executive, and Executive will be entitled to receive, the following:

Appears in 3 contracts

Samples: Employment Agreement (Ims Health Inc), Employment Agreement (Ims Health Inc), Employment Agreement (Ims Health Inc)

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Termination by Executive for Good Reason After a Change in Control. Executive may terminate his employment hereunder for Good Reason, simultaneously with or within 24 months following a Change in Control, upon 90 days' written notice to the Company; provided, however, that, if the Company has corrected the basis for such Good Reason within 30 days after receipt of such notice, Executive may not terminate his employment for Good Reason, and therefore Executive’s 's notice of termination will automatically become null and void. At the time Executive’s 's employment is terminated by Executive for Good Reason (i.e., at the expiration of such notice period), the Term will terminate, all obligations of the Company and Executive under Sections 1 through 5 of this Agreement will immediately cease (except as expressly provided below), and the Company will pay Executive, and Executive will be entitled to receive, the following:

Appears in 3 contracts

Samples: Ims Health Inc, Ims Health Inc, Employment Agreement (Ims Health Inc)

Termination by Executive for Good Reason After a Change in Control. Executive may terminate his employment hereunder for Good Reason, simultaneously with or within 24 months following two years after a Change in Control, upon 90 days’ written notice to the Company; provided, however, that, if the Company has corrected the basis for such Good Reason within 30 days after receipt of such notice, Executive may not terminate his employment for Good Reason, and therefore Executive’s notice of termination will automatically become null and void. At the time Executive’s employment is terminated by Executive for Good Reason (i.e., at the expiration of such notice period), the Term will terminate, all obligations of the Company and Executive under Sections 1 through 5 of this Agreement will immediately cease (except as expressly provided below), and the Company will pay ExecutiveExecutive at the time specified in Section 7(g), and Executive will be entitled to receive, the following:

Appears in 1 contract

Samples: Employment Agreement (Ims Health Inc)

Termination by Executive for Good Reason After a Change in Control. Executive may terminate his her employment hereunder for Good Reason, simultaneously with or within 24 months following at any time after a Change in Control, upon 90 days' written notice to the Company; provided, however, that, if the Company has corrected the basis for such Good Reason within 30 days after receipt of such notice, Executive may not terminate his her employment for Good Reason, and therefore Executive’s 's notice of termination will automatically become null and void. At the time Executive’s 's employment is terminated by Executive for Good Reason (i.e., at the expiration of such notice period), the Term will terminate, all obligations of the Company and Executive under Sections 1 through 5 of this Agreement will immediately cease (except as expressly provided below), and the Company will pay Executive, and Executive will be entitled to receive, the following:

Appears in 1 contract

Samples: Ims Health Incorporated (Ims Health Inc)

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Termination by Executive for Good Reason After a Change in Control. Executive may terminate his employment hereunder for Good Reason, simultaneously with or within 24 months following after a Change in Control, upon 90 days' written notice to the Company; provided, however, that, if the Company has corrected the basis for such Good Reason within 30 days after receipt of such notice, Executive may not terminate his employment for Good Reason, and therefore Executive’s 's notice of termination will automatically become null and void. At the time Executive’s 's employment is terminated by Executive for Good Reason (i.e., at the expiration of such notice period), the Term will terminate, all obligations of the Company and Executive under Sections 1 through 5 of this Agreement will immediately cease (except as expressly provided below), and the Company will pay Executive, and Executive will be entitled to receive, the following:

Appears in 1 contract

Samples: Ims Health Incorporated (Ims Health Inc)

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