Common use of Termination for Change of Control Clause in Contracts

Termination for Change of Control. In the event of a Change of Control of either party (the “Acquired Party”) to a direct competitor of the other party, then at any time within twelve (12) months after the last to occur of events constituting such Change of Control, such other party may terminate each Statement of Work with respect to all or any part of the Services by giving the Acquired Party at least thirty (30) days prior written notice and designating a date upon which such termination shall be effective.

Termination for Change of Control. In Each Party will give the event of other Party fourteen (14) days prior written notice before consummating a Change of Control of either party (the “Acquired Party”) to a direct competitor of the other party, then at any time within twelve Competing Provider or its Affiliate (12) months after the last to occur of events constituting such Change of Control, such a “Competitive Change of Control”). The other party Party may terminate each Statement of Work with respect to all or any part of the Services by giving the Acquired Party at least thirty (30) days prior this Agreement, immediately upon written notice and designating to the first Party, in the event of a date upon which such termination shall be effectiveCompetitive Change of Control.