Common use of Termination of Agreement Upon Termination of Employment Before a Change of Control Clause in Contracts

Termination of Agreement Upon Termination of Employment Before a Change of Control. This Agreement shall automatically terminate and cease to be of any further effect on the first date occurring before a Change of Control on which the Executive is no longer employed by Key or any Subsidiary, except that, for purposes of this Agreement, any termination of employment of the Executive that is effected before and in contemplation of a Change of Control that occurs after the date of the termination shall be deemed to be a termination of the Executive’s employment as of immediately after that Change of Control and this Agreement shall be deemed to be in effect immediately after that Change of Control.

Appears in 15 contracts

Samples: Change of Control Agreement (Keycorp /New/), Change of Control Agreement (Keycorp /New/), Change of Control Agreement (Keycorp /New/)

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Termination of Agreement Upon Termination of Employment Before a Change of Control. This Agreement shall automatically terminate and cease to be of any further effect on the first date occurring before a Change of Control on which the Executive is no longer employed by Key or any Subsidiary, except that, for purposes of this Agreement, any termination of employment of the Executive that is effected before and in contemplation of a Change of Control that occurs after the date of the termination shall be deemed to be a termination of the Executive’s 's employment as of immediately after that Change of Control and this Agreement shall be deemed to be in effect immediately after that Change of Control.

Appears in 4 contracts

Samples: Change of Control Agreements (Keycorp /New/), Severance Agreement (Keycorp /New/), Severance Agreement (Keycorp /New/)

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Termination of Agreement Upon Termination of Employment Before a Change of Control. This Agreement shall automatically terminate and cease to be of any further effect on the first date occurring before a Change of Control on which the Executive is no longer employed by Key or any SubsidiaryInvacare, except that, for purposes of this Agreement, any termination of employment of the Executive that is effected before and primarily in contemplation of a Change of Control that actually occurs after the date of the termination shall be deemed to be a termination of the Executive’s 's employment as of immediately after that Change of Control and this Agreement shall be deemed to be in effect the date immediately after that Change of Control.

Appears in 2 contracts

Samples: Retention Bonus Agreement (Invacare Corp), Executive Agreement (Invacare Corp)

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