Common use of Termination in the Absence of a Change in Control Clause in Contracts

Termination in the Absence of a Change in Control. The Employee hereby acknowledges and agrees that the rights and benefits provided under this Agreement shall be triggered to benefit the Employee only after a Change in Control of the Company and the occurrence of a Termination Event and shall not be triggered to benefit the Employee in the absence of a Change in Control of the Company. This Agreement has been entered into solely to address the legitimate concerns of the Company arising as the result of a possible Change in Control of the Company, all as summarized in the Recitals to this Agreement. The provisions of this Agreement are not intended to and do not purport to provide any assurances or rights to the Employee's continued employment with the Company.

Termination in the Absence of a Change in Control. The Employee hereby acknowledges and agrees that the rights and benefits provided under this Agreement shall be triggered to benefit the Employee only after a Change in Control of the Company and the occurrence of a Termination Event and shall not be triggered to benefit the Employee in the absence of a Change in Control of the Company. This Agreement has These provisions have been entered into solely to address the legitimate concerns of the Company arising as the result of a possible Change in Control of the Company, all as summarized in the Recitals to this Agreement. The provisions of this Agreement are not intended to and do not purport to provide any assurances or rights to the Employee's continued employment with the Company.