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

Termination Prior to a Change of Control. If, within nine (9) months prior to a Change of Control (as such term is defined in Section 3(c) below) and subsequent to the commencement of substantive discussions that ultimately result in the Change of Control, but prior to such Change of Control, the Company terminates the Executive’s employment with the Company for a reason other than Cause (as such term is defined in Section 3(d) below), death or Disability (as such term is defined in Section 3(e) below), the Company shall:

Appears in 8 contracts

Samples: Change of Control/Severance Agreement (Waters Corp /De/), Change of Control/Severance Agreement (Waters Corp /De/), Change of Control/Severance Agreement (Waters Corp /De/)

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Termination Prior to a Change of Control. If, within nine (9) months prior to a Change of Control (as such term is defined in Section 3(c) below) and subsequent to the commencement of substantive discussions that ultimately result in the Change of Control, but prior to such Change of Control, the Company terminates the Executive’s employment with the Company for a reason other than Cause (as such term is defined in Section 3(d) below), death or Disability (as such term is defined in Section 3(e) below), the Company shall:, subject to the Executive’s satisfaction of the Release Condition (as such term is defined in Section 3 below):

Appears in 1 contract

Samples: Change of Control/Severance Agreement (Waters Corp /De/)

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