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

Termination Due to Change in Control. If the Company terminates Executive's employment without Cause (and for reasons other than death or Disability) in conjunction with a Change in Control (as defined below), Executive shall be entitled to receive all accrued but unpaid salary and benefits through the date of termination plus the Change in Control Benefit (as defined below).

Appears in 4 contracts

Samples: Employment Agreement (Competitive Technologies Inc), Employment Agreement (Competitive Technologies Inc), Employment Agreement (Competitive Technologies Inc)

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Termination Due to Change in Control. If the Company terminates Executive's employment without Cause (and for reasons other than death Death or Disability) in conjunction with a Change in Control (Control, as defined in subsection (j) below), Executive shall be entitled to receive (i) all accrued but unpaid salary and benefits through the date of termination plus termination, (ii) the Net Smelter Return Royalty for the full term specified in Section 5(b) above, and (iii) the Change in Control Benefit (Benefit, as defined in subsection (l) below).

Appears in 2 contracts

Samples: Employment Agreement (Spirit Exploration, Inc.), Employment Agreement (Spirit Exploration, Inc.)

Termination Due to Change in Control. If the Company terminates Executive's ’s employment without Cause (and for reasons other than death or Disability) in conjunction with a Change in Control (as defined below), Executive shall be entitled to receive all accrued but unpaid salary and benefits through the date of termination plus the Change in Control Benefit (as defined below).

Appears in 1 contract

Samples: Employment Agreement (Competitive Technologies Inc)

Termination Due to Change in Control. If the Company terminates ------------------------------------ Executive's employment without Cause (and for reasons other than death Death or Disability) in conjunction with a Change in Control (as defined below), Executive shall be entitled to receive all accrued but unpaid salary and benefits through the date of termination plus the Change in Control Benefit (as defined below).

Appears in 1 contract

Samples: Employment Agreement (Sustainable Power Corp.)

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Termination Due to Change in Control. If the Company terminates Executive's employment without Cause (and for reasons other than death Death or Disability) in conjunction with a Change in Control (as defined below), Executive shall be entitled to receive all accrued but unpaid salary and benefits through the date of termination plus the Change in Control Benefit (as defined below).

Appears in 1 contract

Samples: Employment Agreement (Competitive Technologies Inc)

Termination Due to Change in Control. If the Company or the Executive terminates Executive's employment Consulting without Cause (and for reasons other than death Death or Disability) in conjunction with a Change in Control (as defined below), Executive shall be entitled to receive all accrued but unpaid salary and benefits through the date of termination plus the Change in Control Benefit (as defined below).

Appears in 1 contract

Samples: Consulting Agreement (Allied Corp.)

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