Common use of Termination Change of Control Clause in Contracts

Termination Change of Control. If, within 60 days of the occurrence of a Change of Control, the Contractor resigns from the Company or the Company terminates this Agreement for any reason other than for Cause, the Company must pay the Termination Fee to the Contractor.

Appears in 2 contracts

Samples: Independent Contractor Agreement (Argentex Mining Corp), Independent Contractor Agreement (Argentex Mining Corp)

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Termination Change of Control. If, within 60 days of nine (9) months after the occurrence of a Change of Control, the Contractor resigns from the Company or the Company terminates this Agreement for any reason other than for Cause, the Company must pay an amount equal to 200% of the Termination Fee to the Contractor, together with any bonuses due for the year.

Appears in 2 contracts

Samples: Independent Contractor Agreement (Argentex Mining Corp), Independent Contractor Agreement (Argentex Mining Corp)

Termination Change of Control. If, within 60 days of the occurrence of a Change of Control, the Contractor resigns from the Company or the Company terminates this Agreement for any reason other than for Cause, the Company must pay an amount equal to 200% of the Termination Fee to the Contractor.

Appears in 2 contracts

Samples: Independent Contractor Agreement (Argentex Mining Corp), Independent Contractor Agreement (Argentex Mining Corp)

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Termination Change of Control. If, within 60 days of at any time in the nine (9) months following the occurrence of a Change of Control, the Contractor resigns from the Company or the Company terminates this Agreement for any reason other than for Cause, the Company must pay the Termination Fee to the Contractor, in lieu of the Termination Fee, a lump sum equal to the Consulting Fee (plus any applicable value added tax) for 24 months, together with any bonuses due for the year.

Appears in 1 contract

Samples: Independent Contractor Agreement (Argentex Mining Corp)

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