Common use of Termination Prior to a Change in Control Clause in Contracts

Termination Prior to a Change in Control. (i) At any time prior to a Change in Control, the Company may terminate this Agreement upon nine (9) months’ prior written notice in the form of a Notice of Termination, and this Agreement shall terminate upon the effective date specified in such Notice of Termination; provided, however, such Notice of Termination shall have no force or effect in the event of the occurrence of a Change in Control prior to such effective date. (ii) At any time prior to a Change in Control, Executive may terminate this Agreement upon thirty (30) days’ prior written notice in the form of a Notice of Termination, and this Agreement shall terminate upon the effective date specified in such Notice of Termination notwithstanding the occurrence of a Change in Control prior to such effective date.

Appears in 4 contracts

Samples: Senior Management Employment Agreement (Targeted Genetics Corp /Wa/), Senior Management Employment Agreement (Targeted Genetics Corp /Wa/), Senior Management Employment Agreement (Targeted Genetics Corp /Wa/)

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Termination Prior to a Change in Control. (i) At any time prior to a Change in Control, the Company may terminate this Agreement upon nine thirty (930) months’ days' prior written notice in the form of a Notice of Termination, and this Agreement shall terminate upon the effective date specified in such Notice of Termination; provided, however, such Notice of Termination shall have no force or effect in the event of the occurrence of a Change in Control prior to such effective date. (ii) At any time prior to a Change in Control, Executive may terminate this Agreement upon thirty (30) days' prior written notice in the form of a Notice of Termination, and this Agreement shall terminate upon the effective date specified in such Notice of Termination notwithstanding the occurrence of a Change in Control prior to such effective date.

Appears in 3 contracts

Samples: Senior Management Employment Agreement (Sonosite Inc), Senior Management Employment Agreement (Sonosight Inc), Senior Management Employment Agreement (Targeted Genetics Corp /Wa/)

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Termination Prior to a Change in Control. (i) At any time prior to a Change in Control, the Company may terminate this Agreement upon nine thirty (930) monthsdays’ prior written notice in the form of a Notice of Termination, and this Agreement shall terminate upon the effective date specified in such Notice of Termination; provided, however, such Notice of Termination shall have no force or effect in the event of the occurrence of a Change in Control prior to such effective date. (ii) At any time prior to a Change in Control, Executive may terminate this Agreement upon thirty (30) days’ prior written notice in the form of a Notice of Termination, and this Agreement shall terminate upon the effective date specified in such Notice of Termination notwithstanding the occurrence of a Change in Control prior to such effective date.

Appears in 1 contract

Samples: Senior Management Employment Agreement (Sonosite Inc)

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