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. If a Change of Control (as defined below) occurs and Executive is terminated pursuant to Section 6(b)(3) or terminates this Agreement during the Employment Period pursuant to Section 6(c)(1) within 90 days after such occurrence, then the Company will pay Executive severance in the amount of one-and-one-half (1-½) years of Base Salary, in a lump sum within 30 days after the Termination Date subject to all applicable withholding.”

Appears in 1 contract

Samples: Employment Agreement (Uranium Resources Inc /De/)

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Termination by Executive for Good Reason After a Change in Control. If a Change of in Control (as defined below) occurs and Executive is terminated pursuant to Section 6(b)(3) or terminates this Agreement during the Employment Period pursuant to Section 6(c)(1) hereof within 90 30 days after such occurrence, then the Company will shall pay Executive severance in the amount of one-and-one-half (1-½) years of Base Salaryseverance, in a lump sum within 30 days after the Termination Date Date, by check (but in any event subject to all applicable withholding), as follows: (1) Two year’s Base Salary; and (2) Bonus at Guideline.

Appears in 1 contract

Samples: Employment Agreement (Uranium Resources Inc /De/)

Termination by Executive for Good Reason After a Change in Control. If a Change of in Control (as defined below) occurs and Executive is terminated pursuant to Section 6(b)(3) or terminates this Agreement during the Employment Period pursuant to Section 6(c)(1) within 90 days after such occurrence, then the Company will pay Executive severance in the amount of one-and-one-half one (1-½1) years year of Base Salary, in a lump sum within 30 days after the Termination Date subject to all applicable withholding.

Appears in 1 contract

Samples: Employment Agreement (Uranium Resources Inc /De/)

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Termination by Executive for Good Reason After a Change in Control. If a Change of in Control (as defined below) occurs and Executive is terminated pursuant to Section 6(b)(3) or terminates this Agreement during the Employment Period pursuant to Section 6(c)(1) within 90 days after such occurrence, then the Company will pay Executive severance in the amount of one-and-one-half two (1-½2) years of years’ Base Salary, in a lump sum within 30 days after the Termination Date subject to all applicable withholding.

Appears in 1 contract

Samples: Employment Agreement (Uranium Resources Inc /De/)

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