Termination of Employment Following Change of Control Sample Clauses

Termination of Employment Following Change of Control. (a) If a Change of Control (as defined in Section 5(b) of this Agreement) shall occur and if thereafter, during the period commencing with the date of a Change of Control and ending on the second anniversary date of the Change of Control, there shall be: (i) any involuntary termination of Executive’s employment (other than for the reasons set forth in Section 3(b) of this Agreement); or (ii) if Executive terminates his employment for “Good Reason” during the period commencing with the date of any “Change of Control”, as defined herein, and ending on the second anniversary of the date of the Change of Control, by delivering a notice in writing (the “Notice of Termination”) to the Bank, then, in either case, the provisions of Section 6 of this Agreement shall apply. (b) As used in this Agreement, “Change of Control” shall mean: a Change in the Ownership of the Corporation or the Bank, (as defined below), a Change in the Effective Control of the Corporation or the Bank (as defined below), or a Change in the Ownership of a Substantial Portion of the Assets of the Corporation or the Bank, (as defined below).

Termination of Employment Following Change of Control. (A) If within six (6) months following a Change of Control, Employee’s employment with the Company terminates as the result of a Constructive Termination or is terminated by the Company for other than Cause, then the Company shall provide to Employee as soon as practicable, but not more than ten (10) business days following the Date of Termination, each of the following benefits:

Termination of Employment Following Change of Control. In the event that the Grantee’s employment is terminated by the Company for any reason, other than for Cause (as defined above) within twenty-four (24) months following a Change of Control and prior to the Vesting Date, the Restricted Stock Units will vest and be settled by the Company through the issuance of Shares to the Grantee on a date as soon as practicable after the date of the Grantee’s termination of employment.

Termination of Employment Following Change of Control. If any of the events described in Section 1 hereof constituting a Change of Control shall have occurred, you shall be entitled to the benefits provided in Section 5 hereof upon the actual termination by the Company without Cause or “Constructive Termination” of your employment that is a “separation from service” (within the meaning of Code Section 409A(a)(2)(A)(i)) within two years after such Change of Control (a “Change of Control Termination”), unless such termination is by the Company for Cause.

Termination of Employment Following Change of Control. If any of the events described in Section 1 hereof constituting a Change of Control shall have occurred, Executive shall be entitled to the benefits provided in Section 7.5 hereof upon the actual termination by Viking or “Constructive Termination” of Executive’s employment within one year after such Change of Control, unless such termination is by Viking for Good Cause as defined in Section 1.5 of this Agreement.

Termination of Employment Following Change of Control. If any of the events described in Section 2 constituting a Change of Control of Callon shall have occurred, Executive shall be entitled to the benefits provided in Section 5, and upon the subsequent termination of his employment the benefits provided in Section 4, provided

Termination of Employment Following Change of Control. (i) If the Employer’s common stock closing price is above Nine Dollars ($9.00) per share on a trading day that is within five (5) trading days of the date of a Change of Control and if, within the two (2) year period following a Change of Control, Executive’s employment with Employer or an Affiliate or successor of Employer is terminated for any reason other than death, Inability to Perform, or Cause, by Executive for Good Reason, or if Employer or an Affiliate or successor of Employer gives timely notice pursuant to Paragraph 5(f) and Executive’s employment therefore ends upon the expiration of the Employment Term, Executive will be paid the Compensation Payment, the Vacation Payment and any unreimbursed Business Expenses, at the time and in the manner required by applicable law but in no event later than thirty (30) business days after the Employment Termination Date. In addition, if, within forty-five (45) days after the Employment Termination Date (or within the expiration of such other longer review and revocation period as may then be mandated by law), Executive has signed a general release agreement in a form satisfactory to Employer and Executive does not revoke such release, in lieu of any other severance or separation payments or benefits, Employer shall (A) pay Executive a lump-sum amount equivalent to the sum of the amounts specified in Paragraph 6(e)(ii)(A) and 6(e)(ii)(B) (the “Change of Control Severance Payment”), and (B) provide Executive the benefits described in Paragraph 6(e)(ii)(C) and 6(e)(ii)(D). The provisions of Paragraph 6(e)(ii)(E) and 6(e)(ii)(F) shall not apply to this Paragraph 6(f). If the Employer’s common stock closing price is between Seven Dollars and Fifty Cents ($7.50) and Nine Dollars ($9.00) per share on a trading day that is within five trading days of the date of a Change of Control, and all other conditions of this Paragraph 6(f)(i) are satisfied, Executive shall receive the payments and benefits as specified above in this Paragraph 6(f)(i) but the Change of Control Severance Payment shall be reduced by 50%. (ii) The Change of Control Severance Payment shall be paid in a single lump sum payment on the sixtieth (60th) business day after the Employment Termination Date.

Termination of Employment Following Change of Control. (a) By Wheeling-Pittsburgh other than for Cause. In the event Wheeling-Pittsburgh terminates the Executive's employment other than for Cause within seven (7) months following a Change of Control, the Executive (or in the event of his death following termination, his estate) shall be entitled to receive the following:

Termination of Employment Following Change of Control. If any of the events described in Section 2 constituting a Change of Control of AMRESCO shall have occurred, Executive shall be entitled to the benefits provided in Section 4 upon the subsequent termination of his employment, provided that such termination occurs within two (2) years of a Change of Control of AMRESCO and unless such termination is (a) because of his death or his "Disability" or "Retirement" (as defined in Section 3.1), (b) by AMRESCO for "Cause" (as defined

Termination of Employment Following Change of Control. In the event that the Grantee voluntarily terminates employment with Good Reason (as defined in the Employment Agreement), the Restricted Stock Units will vest and be settled by the Company through the issuance of Shares to the Grantee on a date as soon as practicable after the date of the Grantee's termination of employment.