Common use of Termination Following a Change in Control of the Corporation Clause in Contracts

Termination Following a Change in Control of the Corporation. If any of the events described in Section 2 hereof constituting a change in control of the Corporation shall have occurred, Employee shall be entitled to the benefits provided in Subsection 4(d) hereof immediately upon a termination of his employment which occurs during the term of this Agreement unless such termination is (i) due to Employee's death, Disability or Retirement as those terms are defined in Section 3(a) below, (ii) by the Corporation for Cause, as that term is defined in Section 3(b) below, or (iii) by Employee other than for Good Reason, as that term is defined in Section 3(c) below.

Appears in 5 contracts

Samples: Change of Control Severance Agreement (Twin Disc Inc), Change of Control Severance Agreement (Twin Disc Inc), Change of Control Severance Agreement (Twin Disc Inc)

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Termination Following a Change in Control of the Corporation. If any of the events described in Section 2 hereof constituting a change in control of the Corporation shall have occurred, Employee shall be entitled to the benefits provided in Subsection 4(d) hereof immediately upon a termination of his employment which occurs during the term of this Agreement unless such termination is (i) due to Employee's death, Disability or Retirement as those terms are defined in Section Subsection 3(a) below, (ii) by the Corporation for Cause, as that term is defined in Section Subsection 3(b) below, or (iii) by Employee other than for Good Reason, as that term is defined in Section Subsection 3(c) below.

Appears in 4 contracts

Samples: Change in Control Severance Agreement (Twin Disc Inc), Change in Control Severance Agreement (Twin Disc Inc), Change in Control Severance Agreement (Twin Disc Inc)

Termination Following a Change in Control of the Corporation. If any of the events described in Section 2 hereof constituting a change Change in control Control of the Corporation shall have occurred, Employee shall be entitled to the benefits provided in Subsection 4(d) hereof immediately upon a termination of his employment which occurs during the term of this Agreement unless such termination is (i) due to Employee's death, Disability or Retirement as those terms are defined in Section Subsection 3(a) below, (ii) by the Corporation for Cause, as that term is defined in Section Subsection 3(b) below, or (iii) by Employee other than for Good Reason, as that term is defined in Section Subsection 3(c) below.

Appears in 4 contracts

Samples: Change in Control Severance Agreement (Twin Disc Inc), Change in Control Severance Agreement (Twin Disc Inc), Change in Control Severance Agreement (Twin Disc Inc)

Termination Following a Change in Control of the Corporation. If any of the events described in Section 2 hereof constituting a change in control of the Corporation shall have occurred, Employee shall be entitled to the benefits provided in Subsection 4(d) hereof immediately upon a termination of his employment which occurs during the term of this Agreement unless such termination is (i) due to Employee's death, Disability or Retirement as those terms are defined in Section 3(a) belowRetirement, (ii) by the Corporation for Cause, as that term is defined in Section 3(b) below, or (iii) by Employee other than for Good Reason, as that term is defined in Section 3(c) below.

Appears in 1 contract

Samples: Severance Agreement (Twin Disc Inc)

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Termination Following a Change in Control of the Corporation. If any of the events described in Section 2 hereof constituting a change in control of the Corporation shall have occurred, Employee shall be entitled to the benefits provided in Subsection 4(d) hereof immediately upon a termination of his employment which occurs during the term of this Agreement unless such termination is (i) due to Employee's death, ; (ii) due to Employee’s Disability or Retirement as those terms are defined in Section 3(a) below, (iiiii) by the Corporation for Cause, as that term is defined in Section 3(b) below, or (iiiiv) by Employee other than for Good Reason, as that term is defined in Section 3(c) below.

Appears in 1 contract

Samples: Change of Control Severance Agreement (Twin Disc Inc)

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