Common use of Termination Following Friendly Change in Control Clause in Contracts

Termination Following Friendly Change in Control. (a) If, after a Friendly Change in Control, Executive's employment with MTS shall be terminated (1) by MTS other than for cause, death or disability or (2) by Executive for Good Reason, then Executive shall be entitled to the following benefits:

Appears in 7 contracts

Samples: Change in Control Agreement (MTS Systems Corp), Control Agreement (MTS Systems Corp), Control Agreement (MTS Systems Corp)

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Termination Following Friendly Change in Control. (a) If, after a Friendly Change in Control, Executive's employment with MTS shall be terminated (1A) by MTS other than for cause, death or disability or (2B) by Executive for Good Reason, then Executive shall be entitled to the following benefits:

Appears in 5 contracts

Samples: Change in Control Agreement (MTS Systems Corp), Change in Control Agreement (MTS Systems Corp), Change in Control Agreement (MTS Systems Corp)

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Termination Following Friendly Change in Control. (a) If, after a Friendly Change in Control, Executive's employment with MTS shall be terminated (1A) by MTS other than for cause, death or disability or (2B) by Executive for Good Reason, then Executive shall be entitled to the following benefits:

Appears in 3 contracts

Samples: Change in Control Agreement (MTS Systems Corp), Change in Control Agreement (MTS Systems Corp), Change in Control Agreement (MTS Systems Corp)

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