Common use of Termination Following Change in Control Clause in Contracts

Termination Following Change in Control. (a) If a Change in Control shall have occurred, Employee shall be entitled to the benefits provided in Section 4 upon the subsequent termination of Employee's employment within the applicable period set forth in Section 4 unless such termination is due to Employee's death, Retirement or Disability or is for Cause or is effected by Employee other than for Good Reason (as such terms are defined in Section 3(d)). (b) If following a Change in Control, Employee's employment is terminated by reason of Employee's death or Disability, Employee shall be entitled to death or long-term disability benefits from the Company no less favorable than the most favorable benefits to which Employee would have been entitled had the death or Disability occurred at any time during the period commencing one (1) year prior to the Change in Control. (c) If Employee's employment shall be terminated by the Company for Cause or by Employee other than for Good Reason during the term of this Agreement, the Company shall pay Employee's Base Salary through the date of termination at the rate in effect at the time notice of termination is given, and the Company shall have no further obligations to Employee under this Agreement. (d) For purposes of this Agreement:

Appears in 18 contracts

Samples: Change in Control Agreement (Varian Semiconductor Equipment Associates Inc), Change in Control Agreement (Varian Medical Systems Inc), Change in Control Agreement (Varian Inc)

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Termination Following Change in Control. (a) If a Change in Control shall have occurred, Employee shall be entitled to the benefits provided in Section 4 upon the subsequent termination of Employee's ’s employment within the applicable period set forth in Section 4 unless such termination is due to Employee's death, Retirement ’s death or Disability or is for Cause or is effected by Employee other than for Good Reason (as such terms are defined in Section 3(d)). (b) If following a Change in Control, Employee's ’s employment is terminated by reason of Employee's ’s death or Disability, Employee shall be entitled to death or long-term disability benefits from the Company no less favorable than the most favorable benefits to which Employee would have been entitled had the death or Disability occurred at any time during the period commencing one (1) year prior to the Change in Control. (c) If Employee's ’s employment shall be terminated by the Company for Cause or by Employee other than for Good Reason during the term of this Agreement, the Company shall pay Employee's ’s Base Salary through the date of termination at the rate in effect at the time notice of termination is given, and the Company shall have no further obligations to Employee under this Agreement. (d) For purposes of this Agreement:

Appears in 15 contracts

Samples: Change in Control Agreement (Varian Inc), Change in Control Agreement (Varian Inc), Change in Control Agreement (Varian Inc)

Termination Following Change in Control. (a) If a Change in Control shall have occurred, Employee shall be entitled to the benefits provided in Section 4 upon the subsequent termination of Employee's ’s employment within the applicable period set forth in Section 4 unless such termination is due to Employee's ’s death, Retirement or Disability or is for Cause or is effected by Employee other than for Good Reason (as such terms are defined in Section 3(d)). (b) If following within eighteen (18) months after a Change in Control, Employee's employment is terminated Employee incurs a Separation from Service by reason of Employee's ’s death or Disability, Employee (or, if applicable, his or her estate) shall be entitled to death or long-term disability benefits from the Company no less favorable than the most favorable benefits to which Employee would have been entitled had the death or Disability occurred at any time during the period commencing one (1) year prior to the Change in Control. To the extent such benefits are taxable to Employee, the benefits provided during the calendar year shall not affect the benefits to be provided in any other calendar year and the benefits shall not be subject to liquidation or exchange for another benefit. (c) If Employee's ’s employment shall be terminated by the Company for Cause or by Employee other than for Good Reason during the term of this Agreement, the Company shall pay Employee's Base Salary ’s base salary through the date of termination at the rate in effect at the time notice of termination is given, and the Company shall have no further obligations to Employee under this Agreement. (d) For purposes of this Agreement:

Appears in 12 contracts

Samples: Change in Control Agreement (Varian Medical Systems Inc), Change in Control Agreement (Varian Medical Systems Inc), Change in Control Agreement (Varian Medical Systems Inc)

Termination Following Change in Control. (a) If a Change in Control shall have occurred, Employee shall be entitled to the benefits provided in Section 4 upon the subsequent termination of Employee's ’s employment within the applicable period set forth in Section 4 unless such termination is due to Employee's ’s death, Retirement or Disability or is for Cause or is effected by Employee other than for Good Reason (as such terms are defined in Section 3(d)). (b) If following a Change in Control, Employee's ’s employment is terminated by reason of Employee's ’s death or Disability, Employee shall be entitled to death or long-term disability benefits from the Company no less favorable than the most favorable benefits to which Employee would have been entitled had the death or Disability occurred at any time during the period commencing one (1) year prior to the Change in Control. (c) If Employee's ’s employment shall be terminated by the Company for Cause or by Employee other than for Good Reason during the term of this Agreement, the Company shall pay Employee's ’s Base Salary through the date of termination at the rate in effect at the time notice of termination is given, and the Company shall have no further obligations to Employee under this Agreement. (d) For purposes of this Agreement:

Appears in 3 contracts

Samples: Change in Control Agreement (Varian Semiconductor Equipment Associates Inc), Change in Control Agreement (Varian Semiconductor Equipment Associates Inc), Change in Control Agreement (Varian Inc)

Termination Following Change in Control. (a) If a Change in Control shall have occurred, Employee shall be entitled to the benefits provided in Section 4 upon the subsequent termination of Employee's ’s employment within the applicable period set forth in Section 4 unless such termination is due to Employee's ’s death, Retirement or Disability or is for Cause or is effected by Employee other than for Good Reason (as such terms are defined in Section 3(d)). (b) If following within eighteen (18) months after a Change in Control, Employee's ’s employment is terminated by reason of Employee's ’s death or Disability, Employee (or, if applicable, his or her estate) shall be entitled to death or long-term disability benefits from the Company no less favorable than the most favorable benefits to which Employee would have been entitled had the death or Disability occurred at any time during the period commencing one (1) year prior to the Change in Control. (c) If Employee's ’s employment shall be terminated by the Company for Cause or by Employee other than for Good Reason during the term of this Agreement, the Company shall pay Employee's Base Salary ’s base salary through the date of termination at the rate in effect at the time notice of termination is given, and the Company shall have no further obligations to Employee under this Agreement. (d) For purposes of this Agreement:

Appears in 3 contracts

Samples: Change in Control Agreement (Varian Medical Systems Inc), Change in Control Agreement (Varian Medical Systems Inc), Change in Control Agreement (Varian Medical Systems Inc)

Termination Following Change in Control. (a) If a Change in Control shall have occurred, Employee shall be entitled to the benefits provided in Section 4 upon the subsequent termination of Employee's ’s employment within the applicable period set forth in Section 4 unless such termination is due to Employee's death, Retirement ’s death or Disability or is for Cause or is effected by Employee other than for Good Reason (as such terms are defined in Section 3(d)). (b) If following a Change in Control, Employee's ’s employment is terminated by reason of Employee's ’s death or Disability, Employee shall be entitled to death or long-term disability benefits from the Company Subsidiary no less favorable than the most favorable benefits to which Employee would have been entitled had the death or Disability occurred at any time during the period commencing one (1) year prior to the Change in Control. (c) If Employee's ’s employment shall be terminated by the Company Subsidiary for Cause or by Employee other than for Good Reason during the term of this Agreement, the Company shall cause the Subsidiary to pay Employee's ’s Base Salary through the date of termination at the rate in effect at the time notice of termination is given, and the Company shall have no further obligations to Employee under this Agreement. (d) For purposes of this Agreement:

Appears in 2 contracts

Samples: Change in Control Agreement (Varian Inc), Change in Control Agreement (Varian Inc)

Termination Following Change in Control. (a) If a Change in Control shall have occurred, Employee shall be entitled to the benefits provided in Section 4 upon the subsequent termination of Employee's ’s employment within the applicable period set forth in Section 4 unless such termination is due to Employee's ’s death, Retirement or Disability or is for Cause or is effected by Employee other than for Good Reason (as such terms are defined in Section 3(d)). (b) If following within eighteen (18) months after a Change in Control, Employee's employment is terminated Employee incurs a Separation from Service by reason of Employee's ’s death or Disability, Employee (or, if applicable, his or her estate) shall be entitled to death or long-term disability benefits from the Company no less favorable than the most favorable benefits to which Employee would have been entitled had the death or Disability occurred at any time during the period commencing one (1) year prior to the Change in ControlControl under the plans of the Company. To the extent such benefits are taxable to Employee, the benefits provided during the calendar year shall not affect the benefits to be provided in any other calendar year and the benefits shall not be subject to liquidation or exchange for another benefit. (c) If Employee's ’s employment shall be terminated by the Company for Cause or by Employee other than for Good Reason during the term of this Agreement, the Company shall pay Employee's Base Salary ’s base salary through the date of termination at the rate in effect at the time notice of termination is given, subject to applicable tax withholdings and deductions, and the Company shall have no further obligations to Employee under this Agreement. (d) For purposes of this Agreement:

Appears in 2 contracts

Samples: Change in Control Agreement (Varex Imaging Corp), Change in Control Agreement (Varex Imaging Corp)

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Termination Following Change in Control. (a) If a Change in Control shall have occurred, Employee shall be entitled to the benefits provided in Section 4 upon the subsequent termination of Employee's ’s employment within the applicable period set forth in Section 4 unless such termination is due to Employee's death, Retirement ’s death or Disability or is for Cause or is effected by Employee other than for Good Reason (as such terms are defined in Section 3(d)). (b) If following a Change in Control, Employee's ’s employment is terminated by reason of Employee's ’s death or Disability, Employee shall be entitled to death or long-term disability benefits from the Company no less favorable than the most favorable benefits to which Employee would have been entitled had the death or Disability occurred at any time during the period commencing one (1) year prior to the Change in Control. (c) If Employee's ’s employment shall be terminated by the Company for Cause or by Employee other than for Good Reason during the term of this Agreement, the Company shall pay Employee's ’s Base Salary through the date of termination at the rate in effect at the time notice of termination is given, and the Company shall have no further obligations to Employee under this Agreement. (d) For purposes of this Agreement:

Appears in 1 contract

Samples: Change in Control Agreement (Varian Semiconductor Equipment Associates Inc)

Termination Following Change in Control. (a) If a Change in Control shall have occurred, Employee shall be entitled to the benefits provided in Section 4 upon the subsequent termination of Employee's ’s employment within the applicable period set forth in Section 4 unless such termination is due to Employee's ’s death, Retirement or Disability or is for Cause or is effected by Employee other than for Good Reason (as such terms are defined in Section 3(d)). (b) If following within eighteen (18) months a Change in Control, Employee's ’s employment is terminated by reason of Employee's ’s death or Disability, Employee (or, if applicable, his or her estate) shall be entitled to death or long-term disability benefits from the Company no less favorable than the most favorable benefits to which Employee would have been entitled had the death or Disability occurred at any time during the period commencing one (1) year prior to the Change in Control. (c) If Employee's ’s employment shall be terminated by the Company for Cause or by Employee other than for Good Reason during the term of this Agreement, the Company shall pay Employee's Base Salary ’s base salary through the date of termination at the rate in effect at the time notice of termination is given, and the Company shall have no further obligations to Employee under this Agreement. (d) For purposes of this Agreement:

Appears in 1 contract

Samples: Change in Control Agreement (Varian Medical Systems Inc)

Termination Following Change in Control. (a) If a Change in Control shall have occurred, Employee shall be entitled to the benefits provided in Section 4 upon the subsequent termination of Employee's employment within the applicable period set forth in Section 4 unless such termination is due to Employee's death, Retirement or Disability or is for Cause or is effected by Employee other than for Good Reason (as such terms are defined in Section 3(d)). (b) If following a Change in Control, Employee's employment is terminated by reason of Employee's death or Disability, Employee shall be entitled to death or long-term disability benefits from the Company no less favorable than the most favorable benefits to which Employee would have been entitled had the death or Disability occurred at any time during the period commencing one (1) year prior to the Change in Control. (c) If Employee's employment shall be terminated by the Company for Cause or by Employee other than for Good Reason during the term of this Agreement, the Company shall pay Employee's Base Salary through the date of termination at the rate in effect at the time notice of termination is given, and the Company shall have no further obligations to Employee under this Agreement. (d) For purposes of this Agreement:this

Appears in 1 contract

Samples: Change in Control Agreement (Varian Medical Systems Inc)

Termination Following Change in Control. (a) If a Change in Control shall have occurred, Employee shall be entitled to the benefits provided in Section 4 upon the subsequent termination of Employee's employment within the applicable period set forth in Section 4 unless such termination is due to Employee's death, Retirement death or Disability or is for Cause or is effected by Employee other than for Good Reason (as such terms are defined in Section 3(d)). (b) If following a Change in Control, Employee's employment is terminated by reason of Employee's death or Disability, Employee shall be entitled to death or long-term disability benefits from the Company no less favorable than the most favorable benefits to which Employee would have been entitled had the death or Disability occurred at any time during the period commencing one (1) year prior to the Change in Control. (c) If Employee's employment shall be terminated by the Company for Cause or by Employee other than for Good Reason during the term of this Agreement, the Company shall pay Employee's Base Salary through the date of termination at the rate in effect at the time notice of termination is given, and the Company shall have no further obligations to Employee under this Agreement. (d) For purposes of this Agreement:

Appears in 1 contract

Samples: Change in Control Agreement (Varian Semiconductor Equipment Associates Inc)

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