Termination of the Term. (a) The Company shall have the right to terminate the Term under the following circumstances: (i) Executive shall die; (ii) With or without Cause, effective upon written notice to Executive by the Company; or (iii) Upon or within one (1) year following a Change of Control. (b) Executive shall have the right to terminate the Term under the following circumstances: (i) At any time upon sixty (60) days prior written notice to the Company; or (ii) For Good Reason upon or within one (1) year following a Change of Control. (c) For purposes of this Agreement, “Cause” shall mean:
Appears in 9 contracts
Samples: Employment Agreement (Sciele Pharma, Inc.), Employment Agreement (Sciele Pharma, Inc.), Employment Agreement (First Horizon Pharmaceutical Corp)
Termination of the Term. (a) The Company shall have the right to terminate the Term under the following circumstances:
(i) Executive shall die;
(ii) With or without Cause, effective upon written notice to Executive by the Company; or
(iii) Upon or within one (1) year following a Change of Control.
(b) Executive shall have the right to terminate the Term under the following circumstances:
(i) At any time upon sixty (60) days prior written notice to the Company; or
(ii) For Good Reason upon or within one (1) year following a Change of Control.
(c) For purposes of this Agreement, “Cause” shall mean:"
Appears in 3 contracts
Samples: Employment Agreement (First Horizon Pharmaceutical Corp), Employment Agreement (First Horizon Pharmaceutical Corp), Employment Agreement (First Horizon Pharmaceutical Corp)