Common use of Termination of the Executive Clause in Contracts

Termination of the Executive. s employment shall mean the Executive's termination of employment at any time within 3 months prior to, on the date of, or within 24 months after a Change in Control of the Corporation as defined in paragraph 2 of this Agreement either by (a) involuntary dismissal by the Corporation; or (b) the Executive's Constructive Discharge as defined in (and subject to the procedures described therein) Section 5(d) of the Employment Agreement.

Appears in 5 contracts

Samples: Employment Agreement (Datascension Inc), Employment Agreement (Datascension Inc), Employment Agreement (Citizens Banking Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!