Termination Not Following Change in Control. If the Termination Date does not occur within the 15-month period immediately following a Change in Control, the Additional Payment shall be (i) an amount equal to one hundred fifty percent (150%) of Executive’s Base Salary in effect as of the Termination Date, (ii) an amount equal to one hundred fifty percent (150%) of the greater of
Appears in 3 contracts
Samples: Employment Agreement (Silver Run Acquisition Corp II), Employment Agreement (Silver Run Acquisition Corp II), Employment Agreement (Silver Run Acquisition Corp II)
Termination Not Following Change in Control. If the Termination Date does not occur within the 15-month period immediately following a Change in Control, the Additional Payment shall be (i) an amount equal to one hundred fifty percent (150%) of Executive’s Base Salary in effect as of the Termination Date, (ii) an amount equal to one hundred fifty percent the greater of (150%x) 100% of the greater of“target” bonus for Executive for the year containing
Appears in 2 contracts
Samples: Employment Agreement, Employment Agreement (Silver Run Acquisition Corp II)
Termination Not Following Change in Control. If the Termination Date does not occur within the 1521-month period immediately following a Change in Control, the Additional Payment shall be (i) an amount equal to one hundred fifty percent two (150%2) years of Executive’s Base Salary in effect as of the Termination Date, (ii) an amount equal to one hundred fifty percent two times (150%2x) the greater of (x) 100% of the greater of“target” bonus for
Appears in 2 contracts
Samples: Employment Agreement, Employment Agreement (Silver Run Acquisition Corp II)
