Common use of Termination Due to a Change of Control Clause in Contracts

Termination Due to a Change of Control. If, within the two (2) year period commencing on a Change of Control of the Company, (A) the Executive experiences an Involuntary Termination, or (B) the Executive terminates his employment with the Company or a Company Entity for Good Reason, the Executive shall be entitled to receive the compensation and benefits listed below, subject to his compliance with the terms of Section 5(f):

Appears in 7 contracts

Samples: Severance Agreement (Ryder System Inc), Severance Agreement (Ryder System Inc), Severance Agreement (Ryder System Inc)

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Termination Due to a Change of Control. If, within the two (2) year period commencing on a Change of Control of the Company, (A) the Executive experiences an Involuntary Termination, or (B) the Executive terminates his employment with the Company or a Company Entity its subsidiaries or affiliates for Good Reason, the Executive shall be entitled to receive the compensation and benefits listed below, subject to his compliance with the terms of Section 5(f):

Appears in 2 contracts

Samples: Severance Agreement (Ryder System Inc), Severance Agreement (Ryder System Inc)

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