Common use of Termination by the Company Other Than for Cause or Termination by the Executive Based on a Material Breach by the Company Clause in Contracts

Termination by the Company Other Than for Cause or Termination by the Executive Based on a Material Breach by the Company. If (1) the Company terminates this Agreement and the Executive’s employment other than pursuant to Section 6 hereof or (2) the Executive terminates this Agreement and his employment pursuant to Section 7, and in each case the termination of employment does not occur on or within two (2) years following the consummation of a Change in Control of the Company, then:

Appears in 3 contracts

Samples: Employment Agreement (Celsion CORP), Employment Agreement (Celsion CORP), Employment Agreement (Celsion CORP)

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Termination by the Company Other Than for Cause or Termination by the Executive Based on a Material Breach by the Company. If (1) the Company terminates this Agreement and the Executive’s employment other than pursuant to Section 6 hereof or (2) the Executive terminates this Agreement and his employment pursuant to Section 7, and in each case the termination of employment does not occur on or within two (2) years following the consummation of a Change in Control of the Company, then:

Appears in 3 contracts

Samples: Employment Agreement (Celsion CORP), Employment Agreement (Celsion Corp), Employment Agreement (Celsion Corp)

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