Common use of Termination Other than for Cause, or for Good Reason Clause in Contracts

Termination Other than for Cause, or for Good Reason. If a Change in Control shall occur and within one (1) year after the date of the occurrence of such Change in Control, the Company shall terminate Executive’s employment other than for Cause or Executive shall terminate Executive’s employment for Good Reason (a “Change in Control Severance”), subject to Executive’s execution of the Release and in lieu of the benefits under Section 1 hereof:

Appears in 6 contracts

Samples: Employee Protection and Restrictive Covenants Agreement (Ventas, Inc.), Employee Protection and Restrictive Covenants Agreement (Ventas, Inc.), Employee Protection and Noncompetition Agreement (Ventas Inc)

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Termination Other than for Cause, or for Good Reason. If a Change in of Control (as defined below) shall occur and within one (1) year after the date of the occurrence of such Change in of Control, the Company shall terminate ExecutiveEmployee’s employment other than for Cause or Executive Employee shall terminate ExecutiveEmployee’s employment for Good Reason (a “Change in Control Severance”)Reason, subject to ExecutiveEmployee’s execution of the Release and in lieu of the benefits under Section 1 hereof:

Appears in 4 contracts

Samples: Form of Employee Protection and Noncompetition Agreement (Care Capital Properties, Inc.), Form of Employee Protection and Noncompetition Agreement (Care Capital Properties, Inc.), Form of Employee Protection and Noncompetition Agreement (Care Capital Properties, Inc.)

Termination Other than for Cause, or for Good Reason. If during the Term a Change in of Control (as defined below) shall occur and within one (1) year after from the date of the occurrence of such Change in Control, of Control the Company shall terminate Executive’s employment other than for Cause or the Executive shall terminate Executive’s his employment for Good Reason (a “Change in of Control Severance”), subject to Executive’s execution of the Release and in lieu of the benefits under Section 1 7 hereof:,

Appears in 3 contracts

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

Termination Other than for Cause, or for Good Reason. If a Change in of Control (as defined below) shall occur and within one (1) year after the date of the occurrence of such Change in of Control, the Company shall terminate ExecutiveEmployee’s employment other than for Cause or Executive Employee shall terminate ExecutiveEmployee’s employment for Good Reason (a “Change in Control Severance”each as defined below), subject to ExecutiveEmployee’s execution of a general release of claims in form substantially similar to the Release and in lieu of form attached hereto as Appendix A (the benefits under Section 1 hereof:“Release”):

Appears in 1 contract

Samples: Employee Protection and Noncompetition Agreement (Care Capital Properties, Inc.)

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Termination Other than for Cause, or for Good Reason. If during the Term a Change in of Control (as defined below) shall occur and within one (1) year after from the date of the occurrence of such Change in Control, of Control the Company shall terminate Executive’s 's employment other than for Cause or the Executive shall terminate Executive’s his employment for Good Reason (a "Change in of Control Severance"), subject to Executive’s 's execution of the Release and in lieu of the benefits under Section 1 7 hereof:,

Appears in 1 contract

Samples: Employment Agreement (Ventas Inc)

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