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

Termination Prior to Change in Control. The Company and the Executive shall each retain the right to terminate the employment of the Executive at any time prior to a Change in Control of the Company. If the Executive's employment is terminated prior to a Change in Control of the Company, this Agreement shall be terminated and all rights and obligations of the parties under it shall cease.

Appears in 6 contracts

Samples: Change of Control Employment Agreement (Belden Inc), Employment Agreement (Belden Inc), Change of Control Employment Agreement (Belden Inc)

AutoNDA by SimpleDocs

Termination Prior to Change in Control. The Company and the Executive shall each retain the right to terminate the employment of the Executive at any time prior to a Change in Control of the Company. If the Executive's ’s employment is terminated prior to a Change in Control of the Company, this Agreement shall be terminated and all rights and obligations of the parties under it shall cease.

Appears in 1 contract

Samples: Employment Agreement (Belden CDT Inc.)

AutoNDA by SimpleDocs

Termination Prior to Change in Control. The Company and the Executive shall each retain the right to terminate the employment of the Executive at any time prior to a Change in Control of the Company. If the Executive's employment with the Company is terminated for any reason prior to the occurrence of a Change change in Control control of the Company, this Agreement he shall be terminated entitled to receive such benefits, and all rights and obligations only such benefits, to which he would be entitled without regard to this Agreement. If a change in control shall occur within one year after the termination of the parties Executive's employment by the Company, such termination shall be treated as a termination after a change in control under it paragraph 3 hereof unless the Company shall ceasesustain the burden of proving that the termination was not in contemplation of the change in control.

Appears in 1 contract

Samples: Executive Severance Agreement (Chase Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.