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

Termination Due to Change of Control. The Company or its successor may terminate the Employee upon or following a Change in Control without Cause pursuant to Section 6.4, and the Employee may elect to terminate his employment upon or following a Change in Control for Good Reason pursuant to Section 6.6 should any of the listed reasons occur. In the event of the Employee’s termination upon a Change in Control or without Cause or for Good Reason during the 12-month period following a Change in Control, the Employee will be entitled to the severance benefits set forth in Section 6.8(c). “Change of Control” means the occurrence of one or more of the following events:

Appears in 4 contracts

Samples: Employment Agreement (CM Life Sciences II Inc.), Severance Agreement (CM Life Sciences II Inc.), Severance Agreement (CM Life Sciences II Inc.)

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Termination Due to Change of Control. The Company or its successor may terminate the Employee upon or following a Change in Control without Cause pursuant to Section 6.4, and the Employee may elect to terminate his her employment upon or following a Change in Control for Good Reason pursuant to Section 6.6 should any of the listed reasons occur. In the event of the Employee’s termination upon a Change in Control or without Cause or for Good Reason during the 12-month period following a Change in Control, the Employee will be entitled to the severance benefits set forth in Section 6.8(c). “Change of Control” means the occurrence of one or more of the following events:

Appears in 1 contract

Samples: Employment Agreement (CM Life Sciences II Inc.)

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