Common use of TERMINATION OF EMPLOYMENT AFTER A CHANGE OF CONTROL Clause in Contracts

TERMINATION OF EMPLOYMENT AFTER A CHANGE OF CONTROL. After a Change of Control and during the Employment Term, the Employee's status as an employee shall terminate or may be terminated by the Employee, the Company (or, if applicable, the ultimate parent company), as provided in Article III of the Employment Agreement (provided, however, that the definitions of "Cause" and "Good Reason" in this Agreement shall supersede those definitions in the Employment Agreement).

Appears in 22 contracts

Samples: Change of Control Agreement (Stewart Enterprises Inc), Change of Control Agreement (Stewart Enterprises Inc), Change of Control Agreement (Stewart Enterprises Inc)

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TERMINATION OF EMPLOYMENT AFTER A CHANGE OF CONTROL. After a Change of Control and during the Modified Employment Term, the Employee's status as an employee shall terminate or may be terminated by the Employee, the Company (or, if applicable, the ultimate parent company), as provided in Article III Section 3 of the Employment Agreement (this Agreement; provided, however, that after a Change of Control and during the definitions of Modified Employment Term the terms "Cause" and "Good Reason," as used in Section 3 and elsewhere in this Agreement Agreement, shall supersede those definitions have the meanings given to them in this Section 5 and not the Employment Agreement)meanings given to them in Section 3.

Appears in 3 contracts

Samples: Employment Agreement (Akorn Inc), Employment Agreement (Akorn Inc), Employment Agreement (Akorn Inc)

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TERMINATION OF EMPLOYMENT AFTER A CHANGE OF CONTROL. After a Change of Control and during the Employment Term, the Employee's =s status as an employee shall terminate or may be terminated by the Employee, the Company (or, if applicable, the ultimate parent company), as provided in Article III of the Employment Agreement (provided, however, that the definitions of "Cause" ACause@ and "Good Reason" AGood Reason@ in this Agreement shall supersede those definitions in the Employment Agreement).

Appears in 1 contract

Samples: Change of Control Agreement (Stewart Enterprises Inc)

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