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

Termination Pursuant to a Change in Control. Notwithstanding the provisions of Section 4(b), if the Participant’s employment is involuntarily terminated other than for Cause or if the Participant terminates employment due to death or Disability, in all such cases on or after the date the Corporation’s shareholders approve a Change in Control pursuant to subsections (iii) or (iv) of such definition but prior to the consummation of such Change in Control, the Participant shall be treated as having continued employment through, and terminated employment immediately after, such Change in Control.

Appears in 7 contracts

Samples: Performance Share Award Agreement (Chubb Corp), Performance Share Award Agreement (Chubb Corp), Performance Share Award Agreement (Chubb Corp)

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Termination Pursuant to a Change in Control. Notwithstanding the provisions of Section 4(b3(b), if the Participant’s employment is involuntarily terminated other than for Cause or if the Participant terminates employment due to death or Disability, in all such cases on or after the date the Corporation’s shareholders approve a Change in Control pursuant to subsections (iii) or (iv) of such definition but prior to the consummation of such Change in Control, the Participant shall be treated as having continued employment through, and terminated employment immediately after, such Change in Control.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (Chubb Corp), Restricted Stock Unit Agreement (Chubb Corp), Restricted Stock Unit Agreement (Chubb Corp)

Termination Pursuant to a Change in Control. Notwithstanding the provisions of Section 4(b5(b), if the Participant’s employment is involuntarily terminated other than for Cause or if the Participant terminates employment due to death or Disability, in all such cases on or after the date the Corporation’s shareholders approve a Change in Control pursuant to subsections (iii) or (iv) of such definition but prior to the consummation of such Change in Control, the Participant shall be treated as having continued employment through, and terminated employment immediately after, such Change in Control.

Appears in 2 contracts

Samples: Non Statutory Stock Option Award Agreement (Chubb Corp), Non Statutory Stock Option Award Agreement (Chubb Corp)

Termination Pursuant to a Change in Control. Notwithstanding the provisions of Section 4(b), if the Participant’s 's employment is involuntarily terminated other than for Cause or if the Participant terminates employment due to death or Disability, in all such cases on or after the date the Corporation’s 's shareholders approve a Change in Control pursuant to subsections (iii) or (iv) of such definition but prior to the consummation of such Change in Control, the Participant shall be treated as having continued employment through, and terminated employment immediately after, such Change in Control.

Appears in 2 contracts

Samples: Performance Share Award Agreement (Chubb Corp), Performance Share Award Agreement (Chubb Corp)

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Termination Pursuant to a Change in Control. Notwithstanding the provisions of Section 4(b3(b), if the Participant’s 's employment is involuntarily terminated other than for Cause or if the Participant terminates employment due to death or Disability, in all such cases on or after the date the Corporation’s 's shareholders approve a Change in Control pursuant to subsections (iii) or (iv) of such definition but prior to the consummation of such Change in Control, the Participant shall be treated as having continued employment through, and terminated employment immediately after, such Change in Control.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Chubb Corp)

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