Common use of Termination On or After a Change in Control Clause in Contracts

Termination On or After a Change in Control. If, within twenty-four (24) months following a Change in Control (as defined in the Equity Plan), the Corporation terminates Executive’s employment without Cause under Section 6(i) hereof or Executive terminates Executive’s employment for Good Reason under Section 7 hereof, Executive shall be entitled to the following payments, subject to Section 13:

Appears in 3 contracts

Samples: Employment Agreement (Ipg Photonics Corp), Employment Agreement (Ipg Photonics Corp), Employment Agreement (Ipg Photonics Corp)

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Termination On or After a Change in Control. If, within twenty-four (24) months following a Change in Control (as defined in the Equity Plan), the Corporation Company terminates Executive’s employment service without Cause under Section 6(i) hereof or Executive terminates Executive’s employment his service for Good Reason under Section 7 hereof, Executive shall be entitled to the following payments, subject to Section 13:

Appears in 2 contracts

Samples: Service Agreement (Ipg Photonics Corp), Service Agreement (Ipg Photonics Corp)

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Termination On or After a Change in Control. If, within twenty-four (24) months following a Change in Control (as defined in the Equity Plan), the Corporation or its successor terminates Executive’s employment without Cause under Section 6(i) hereof or Executive terminates Executive’s employment for Good Reason under Section 7 hereof, Executive shall be entitled to the following payments, subject to Section 13:

Appears in 1 contract

Samples: Employment Agreement (Ipg Photonics Corp)

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