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

Termination Prior to a Change in Control. In the event that Executive’s employment is terminated by the Company without Cause or by the Executive for Good Reason and a Change in Control occurs within twelve months following such termination, then the Executive’s rights, benefits and other entitlements set forth in Section 6(a) shall cease and in lieu of such rights, benefits and entitlement the Executive shall be entitled to the rights benefits and entitlement as provided for in Sections 6(g) and 6(h); provided, however, that the lump sum payment provided for in the first sentence of Section 6(h) shall be reduced by any severance paid pursuant to clauses 6(a)(1) and 6(a)(2).

Termination Prior to a Change in Control. In the event that Executive’s 's employment is terminated by the Company without Cause or by the Executive for Good Reason and a Change in Control occurs within twelve 12 months following such termination, then the Executive’s rights, benefits and other entitlements set forth in Section 6(a) shall cease and in lieu of such rights, benefits and entitlement the Executive shall be entitled to the rights benefits and entitlement as provided for in Sections 6(g) and 6(h); provided, however, that the lump sum payment provided for in the first sentence of Section 6(h) shall be reduced by any severance paid pursuant to clauses 6(a)(1) and 6(a)(2).