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

Termination Prior to a Change in Control. Anything in this Agreement to the contrary notwithstanding, if a Change in Control occurs and not more than 180 days prior to the date on which the Change in Control occurs, the Executive’s employment with the Company is terminated by the Company, such termination of employment will be deemed to be a termination of employment after a Change in Control for purposes of this Agreement if the Executive has reasonably demonstrated that such termination of employment (i) was at the request of a third party who has taken steps reasonably calculated to effect a Change in Control, or (ii) otherwise arose in connection with or in anticipation of a Change in Control.

Appears in 6 contracts

Samples: Change in Control Severance Agreement (Shiloh Industries Inc), Change in Control Severance Agreement (Shiloh Industries Inc), Change in Control Severance Agreement (Shiloh Industries Inc)

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