Common use of Termination Following Change in Control Clause in Contracts

Termination Following Change in Control. If any of the events described in Paragraph 8(b) hereof constituting a Change in Control of the Company shall have occurred, the Executive shall be entitled to the benefits provided in Paragraph 5 hereof upon the subsequent termination of the Executive's employment during the term of this Agreement unless such termination is (i) because of the Executive's Death, Disability or Retirement, (ii) by the Company for Termination for Cause, or (iii) by the Executive for Good Reason within three years after a Change in Control shall have occurred.

Appears in 20 contracts

Samples: Employment Agreement (SilverSun Technologies, Inc.), Employment Agreement (Wien Group Inc), Employment Agreement (iVoice Technology, Inc.)

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Termination Following Change in Control. If any of the events described in Paragraph 8(b) hereof constituting If, after a Change in Control of the Company has occurred, the Company shall have occurredterminate the Executive's employment other than because of his death or for Disability or Cause or if the Executive shall terminate his employment for Good Reason, the Executive shall be entitled to all of the benefits and payments provided in Paragraph Section 5 hereof upon below, subject to the subsequent termination provisions of the Executive's employment during the term of this Agreement unless such termination is (iSubsection 1(d) because of the Executive's Death, Disability or Retirement, (ii) by the Company for Termination for Cause, or (iii) by the Executive for Good Reason within three years after a Change in Control shall have occurredabove.

Appears in 8 contracts

Samples: Employment Agreement (Oakwood Homes Corp), Change of Control Executive Employment Agreement (Genius Products Inc), Employment Agreement (Genius Products Inc)

Termination Following Change in Control. (a) If any of the events described in Paragraph 8(b) paragraph 1 hereof constituting a Change in Control of the Company shall have occurred, the Executive shall be entitled to the benefits provided in Paragraph 5 paragraph 4 hereof upon the subsequent termination of his employment within the Executive's employment during the term of this Agreement applicable period set forth in paragraph 4 hereof unless such termination is (i) because of due to the Executive's Death, Disability death; or Retirement, (ii) by the Company for Termination or a Subsidiary by reason of the Executive's Disability or for Cause, ; or (iii) by the Executive other than for Good Reason within three years after a Change in Control shall have occurredReason.

Appears in 6 contracts

Samples: Change in Control Agreement (Base Ten Systems Inc), Control Agreement (Base Ten Systems Inc), Change in Control Agreement (Base Ten Systems Inc)

Termination Following Change in Control. If any of the events described in Paragraph 8(b) Section 4 hereof constituting a Change in Control of the Company shall have occurred, the Executive shall be entitled to the benefits provided in Paragraph 5 Section 6 hereof upon the subsequent termination of the Executive's employment during with the term of this Agreement Company within sixty (60) months after such Change in Control, unless such termination is (ia) because of death of the Executive's Death, Disability or Retirement, (iib) by the Company for Termination for Cause, Cause or Disability or (iiic) by the Executive other than during the Window Period or for Good Reason within three years after a Change in Control shall have occurred(as all such capitalized terms are hereinafter defined).

Appears in 6 contracts

Samples: Executive Severance Agreement (Commonwealth Biotechnologies Inc), Executive Severance Agreement (Commonwealth Biotechnologies Inc), Executive Severance Agreement (Commonwealth Biotechnologies Inc)

Termination Following Change in Control. (A) If any of the events described in Paragraph 8(b) hereof paragraph 2 constituting a Change change in Control control of the Company shall have occurred, then upon any subsequent termination of Executive's employment at any time within two years following the occurrence of such event, Executive shall be entitled to the benefits provided by this agreement, as set forth in Paragraph 5 hereof upon the subsequent termination of the Executive's employment during the term of this Agreement paragraph 5, unless such termination is (i) because of the Executive's Death, Disability or Retirement, (ii) by the Company for Termination for Cause, or (iii) by the Executive for Good Reason within three years after a Change in Control shall have occurred.

Appears in 2 contracts

Samples: Change of Control Agreement (Amcast Industrial Corp), Change of Control Agreement (Amcast Industrial Corp)

Termination Following Change in Control. If any of the events described in Paragraph 8(b) Section 4 hereof constituting a Change in Control of the Company shall have occurred, the Executive shall be entitled to the benefits provided in Paragraph 5 Section 6 hereof upon the subsequent termination of the Executive's employment during with the term of this Agreement Company within sixty (60) months after such Change in Control, unless such termination is (ia) because of death of the Executive's Death, Disability or Retirement, (ii) by the Company for Termination for Cause, or (iii) by the Executive for Good Reason within three years after a Change in Control shall have occurred.,

Appears in 2 contracts

Samples: Executive Severance Agreement (Commonwealth Biotechnologies Inc), Executive Severance Agreement (Commonwealth Biotechnologies Inc)

Termination Following Change in Control. If any of the events described in Paragraph 8(b) Section 3 hereof constituting a Change in Control of the Company shall have occurred, the Executive shall be entitled to the benefits provided in Paragraph Section 5 hereof upon the subsequent termination of the Executive's employment with the Company during the term of this Agreement Agreement, unless such termination is (i) because of death of the Executive's Death, Disability or Retirement, (ii) by the Company for Termination for Cause, Cause or Disability or (iii) by the Executive other than for Good Reason within three years after a Change in Control shall have occurred(all as such capitalized terms are hereinafter defined).

Appears in 2 contracts

Samples: Change in Control Employment Agreement (Union Bankshares Corp), Executive Severance Agreement (F&m National Corp)

Termination Following Change in Control. If any of the events events, described in Paragraph 8(bSection 9(a) hereof constituting a Change in Control of the Company shall have occurred, the Executive shall be entitled to the benefits provided in Paragraph 5 hereof subsection (c) below upon the subsequent termination of the Executive's ’s employment during the term of this Agreement unless such termination is (i) because of the Executive's Death, Disability or Retirement, (ii) by the Company for Termination any reason other than for Cause, Cause or (iii) by the Executive for Good Reason within three years after a Change in Control shall have occurred.reason of Executive’s Disability:

Appears in 2 contracts

Samples: Employment Contract (Koppers Inc), Employment Contract (Koppers Inc)

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Termination Following Change in Control. If any of the events described in Paragraph 8(b) hereof constituting a Change in Control of the Company shall have occurredoccurred during the term of this Agreement, the Executive shall be entitled to the benefits provided in Paragraph 5 hereof subsection 5(c) of this Section A upon the subsequent termination of the Executive's his employment during the term of this Agreement unless such termination is (ia) because of the Executive's Death, Disability death or RetirementDisability, (iib) by the Company for Termination for Cause, Cause or (iiic) by the Executive other than for Good Reason within three years after Reason. In the event the Executive's employment with the Company is terminated for any reason and subsequently a Change in Control shall have occurredoccur, the Executive shall not be entitled to any benefits hereunder.

Appears in 2 contracts

Samples: Executive Severance and Indemnification Agreement (Procept Inc), Executive Severance and Indemnification Agreement (Procept Inc)

Termination Following Change in Control. (a) If any of the events described in Paragraph 8(b) paragraph 1 hereof constituting a Change in Control of the Company shall have occurred, the Executive shall be entitled to the benefits provided in Paragraph 5 paragraph 4 hereof upon the subsequent termination of his employment within the Executive's employment during the term of this Agreement applicable period set forth in paragraph 4 hereof following such Change in Control unless such termination is (i) because of due to the Executive's Death, Disability death or Retirement, ; or (ii) by the Company for Termination or a Subsidiary by reason of the Executive's Disability or for Cause, ; or (iii) by the Executive other than for Good Reason within three years after a Change in Control shall have occurredReason.

Appears in 1 contract

Samples: Termination Agreement (Summit Bancorp/Nj/)

Termination Following Change in Control. (a) If any of the events described in Paragraph 8(b) paragraph 1 hereof constituting a Change in Control of the Company shall have occurred, the Executive shall be entitled to the payments and benefits provided in Paragraph 5 paragraph 4 hereof upon the subsequent termination of the Executive's employment during within the term applicable period set forth in paragraph 4 hereof following such Change in Control of this Agreement the Company unless such termination is (i) because of due to the Executive's Death, Disability death; or Retirement, (ii) by the Company for Termination for Cause, Cause (as hereinafter defined); or (iii) by the Executive other than for Good Reason within three years after a Change in Control shall have occurred(as hereinafter defined).

Appears in 1 contract

Samples: Control Agreement (Elizabethtown Water Co /Nj/)

Termination Following Change in Control. (A) If any of the events described in Paragraph 8(b) hereof paragraph 2 constituting a Change change in Control control of the Company shall have occurred, then upon any subsequent termination of Executive's employment at any time within two years following the occurrence of such event, Executive shall be entitled to the benefits provided by this agreement, as set forth in Paragraph 5 hereof upon the subsequent termination of the Executive's employment during the term of this Agreement paragraph 5, unless such termination is (i) because of the Executive's Death, Disability or Retirement, (ii) by the Company for Termination for CauseCause or because of Executive's Disability, or (ii) because of Executive's Retirement, or (iii) by the Executive other than for Good Reason within three years after a Change in Control shall have occurredReason, or (iv) because of Executive's death.

Appears in 1 contract

Samples: Change of Control Agreement (Amcast Industrial Corp)

Termination Following Change in Control. If any of the events described in Paragraph 8(b) hereof constituting a Change in Control of the Company shall have occurred, the Executive shall be entitled to the benefits provided in Paragraph 5 hereof upon the subsequent termination of the Executive's employment during the term Term of this Agreement unless such termination is (i) because of the Executive's Death, Disability or Retirement, (ii) by the Company for Termination for Cause, or (iii) by the Executive for Good Reason within three years after a Change in Control shall have occurred.

Appears in 1 contract

Samples: Employment Agreement (Driversshield Com Corp)

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