Common use of Termination by the Company Without Cause or by Executive for Good Reason Following a Change in Control Clause in Contracts

Termination by the Company Without Cause or by Executive for Good Reason Following a Change in Control. If Executive’s employment by the Company shall be terminated by the Company without Cause or by Executive for Good Reason within twenty-four (24) months following a Change in Control or within six (6) months following a Potential Change in Control provided a Change in Control occurs within nine (9) months following the Potential Change in Control, then in lieu of the amounts due under Section 8(c) above, Executive shall be entitled to the benefits provided in this Section 8(d).

Appears in 4 contracts

Samples: Restricted Stock Agreement (Calpine Corp), Release Agreement (Calpine Corp), Release Agreement (Calpine Corp)

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Termination by the Company Without Cause or by Executive for Good Reason Following a Change in Control. If Executive’s employment by the Company shall be terminated by the Company without Cause or by Executive for Good Reason within twenty-four twelve (2412) months following a Change in Control or within six (6) months following a Potential Change as defined in Control provided a Change in Control occurs within nine (9) months following the Potential Change in ControlSection 8 below), then in lieu of addition to the amounts due under Sections 7(c) above (except as otherwise provided in Section 8(c7(e)(iii) abovebelow), Executive shall be entitled to the benefits provided below, provided that, Executive voluntarily elects and agrees not to engage in this Section 8(d).Prohibited Activities for a period of one (1) year after the date of such termination of employment:

Appears in 3 contracts

Samples: Executive Employment Agreement (Ribapharm Inc), Executive Employment Agreement (Ribapharm Inc), Executive Employment Agreement (Ribapharm Inc)

Termination by the Company Without Cause or by Executive for Good Reason Following a Change in Control. If Executive’s 's employment by the Company shall be is terminated by the Company without Cause or by Executive for Good Reason Reason, in each case within twenty-four (24) months following a Change in Control or within six (6) months following a Potential Change in Control provided a Change in Control occurs within nine (9) months following the Potential Change in Control, then in lieu of the amounts due under Section 8(c) above, Executive shall be entitled to the benefits provided in this Section 8(d).:

Appears in 2 contracts

Samples: Executive Employment Agreement (Calpine Corp), Executive Employment Agreement (Calpine Corp)

Termination by the Company Without Cause or by Executive for Good Reason Following a Change in Control. If Executive’s employment by the Company shall be terminated by the Company without Cause or by Executive for Good Reason within twenty-four twelve (2412) months following a Change in Control or within six (6) months following a Potential Change as defined in Control provided a Change in Control occurs within nine (9) months following the Potential Change in ControlSection 8 below), then in lieu of addition to the amounts due under Sections 7(c) above (except as otherwise provided in Section 8(c7(e)(iv) abovebelow), Executive shall be entitled to the benefits provided below, provided that, Executive voluntarily elects and agrees not to engage in this Section 8(d).Prohibited Activities for a period of one (1) year after the date of such termination of employment:

Appears in 2 contracts

Samples: Executive Employment Agreement (Ribapharm Inc), Executive Employment Agreement (Ribapharm Inc)

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Termination by the Company Without Cause or by Executive for Good Reason Following a Change in Control. If Executive’s employment by the Company shall be terminated by the Company without Cause or by Executive for Good Reason within twenty-four twelve (2412) months following a Change in Control or within six (6) months following a Potential Change as defined in Control provided a Change in Control occurs within nine (9) months following the Potential Change in ControlSection 10 below), then in lieu of the amounts due under Section 8(c9(c) aboveabove and subject to the requirements of Section 15(f) of the Agreement, Executive shall be entitled to the benefits provided in this Section 8(d9(d).

Appears in 1 contract

Samples: Employment Agreement (Valeant Pharmaceuticals International, Inc.)

Termination by the Company Without Cause or by Executive for Good Reason Following a Change in Control. If Executive’s employment by the Company shall be terminated by the Company without Cause or by Executive for Good Reason within twenty-four twelve (2412) months following a Change in Control or within six (6) months following a Potential Change as defined in Control provided a Change in Control occurs within nine (9) months following the Potential Change in ControlSection 9 below), then in lieu of the amounts due under Section 8(c) aboveabove and subject to the requirements of Section 14(f) of the Agreement, Executive shall be entitled to the benefits provided in this Section 8(d).

Appears in 1 contract

Samples: Employment Agreement (Valeant Pharmaceuticals International)

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