Termination for Change in Control. If the Executive's employment is terminated without Cause upon a consolidation, merger or the sale or transfer of substantially all of the assets of the Company to another corporation in which the Company is not the surviving entity, then the Executive will be entitled to receive a lump sum payment upon such termination equal to the greater of : 1) 200% of his then current Base Salary plus 200% of his annual incentive compensation for the prior year; or 2) 100% of his then current Base Salary plus 100% of his annual incentive compensation for the remainder of the Initial Term or any Additional Term of this Agreement, and the Executive shall not be entitled to any further payments pursuant to this Agreement.
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Samples: Employment Agreement (U S Physicians Inc), Employment Agreement (U S Physicians Inc), Employment Agreement (U S Physicians Inc)
Termination for Change in Control. If the Executive's employment is terminated without Cause upon a consolidation, merger or the sale or transfer of substantially all of the assets of the Company to another corporation or entity in which the Company is not the surviving entity, then the Executive will shall be entitled to receive a lump sum payment upon such termination equal to the greater of of: 1) 200100% of his then current Base Salary plus 200100% of his annual incentive compensation for the prior year; fiscal year or 2) 100% of his then current Base Salary plus 100% of his projected annual incentive compensation for the remainder of the Initial Term or any Additional Term of this Agreement, and the Executive shall not be entitled to any further payments pursuant to this Agreement.
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Termination for Change in Control. If the Executive's employment is terminated without Cause upon a consolidation, merger or the sale or transfer of substantially all of the assets of the Company to another corporation in which the Company is not the surviving entity, then the Executive will be entitled to receive a lump sum payment upon such termination equal to the greater of : 1) 200100% of his then current Base Salary plus 200100% of his annual incentive compensation for the prior year; or 2) 100% of his then current Base Salary plus 100% of his annual incentive compensation for the remainder of the Initial Term or any Additional Term of this Agreement, and the Executive shall not be entitled to any further payments pursuant to this Agreement.
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Termination for Change in Control. If the Executive's employment is terminated without Cause upon a consolidation, merger or the sale or transfer of substantially all of the assets of the Company to another corporation or entity in which the Company is not the surviving entity, then the Executive will shall be entitled to receive a lump sum payment upon such termination equal to the greater of of: 1) 200100% of his then current Base Salary plus 200100% of his annual incentive compensation for the prior fiscal year; or 2) 100% of his then current Base Salary plus 100% of his projected annual incentive compensation for the remainder of the Initial Term or any Additional Term of this Agreement, and the Executive shall not be entitled to any further payments pursuant to this Agreement.
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Termination for Change in Control. If the Executive's employment is terminated without Cause upon a consolidation, merger or the sale or transfer of substantially all of the assets of the Company to another corporation in which the Company is not the surviving entity, then the Executive will be entitled to receive a lump sum payment upon such termination equal to the greater of of: 1) 200% of his then current Base Salary plus 200% of his annual incentive compensation for the prior year; or 2) 100% of his her then current Base Salary plus 100% of his her annual incentive compensation for the prior year: or 2) 100% of her then current Base Salary plus 100% of her annual incentive compensation for the remainder of the Initial Term or any Additional Term of this Agreement, and the Executive shall not be entitled to any further payments pursuant to this Agreement.
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Termination for Change in Control. If the Executive's employment is terminated without Cause upon a consolidation, merger or the sale or transfer of substantially all of the assets of the Company to another corporation in which the Company is not the surviving entity, then the Executive will be entitled to receive a lump sum payment upon such termination equal to the greater of : 1) 200300% of his then current Base Salary plus 200300% of his annual incentive compensation for the prior year; or 2) 100% of his then current Base Salary plus 100% of his annual incentive compensation for the remainder of the Initial Term or any Additional Term of this Agreement, and the Executive shall not be entitled to any further payments pursuant to this Agreement.
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