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

Termination Pursuant to a Change of Control. i. If a Change of Control (as defined below) occurs and if during the period beginning on the date such Change of Control occurs and ending on the second anniversary thereof (a "Change of Control Period"), FairMarket terminates Executive's employment pursuant to Section 2(c) or Executive terminates Executive's employment with FairMarket pursuant to Section 2(d) and, in either event, Executive executes a General Release and, if a revocation period is provided in the General Release, does not revoke the same within the period stated in the General Release, and subject to Section 3 below, then:

Appears in 4 contracts

Samples: Fairmarket Inc, Fairmarket Inc, Fairmarket Inc

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Termination Pursuant to a Change of Control. i. If a Change of Control (as defined below) occurs and if during the period beginning on the date such Change of Control occurs and ending on the second first anniversary thereof (a "Change of Control Period"), FairMarket terminates Executive's employment pursuant to Section 2(c) or Executive terminates Executive's employment with FairMarket pursuant to Section 2(d) and, in either event, Executive executes a General Release and, if a revocation period is provided in the General Release, does not revoke the same within the period stated in the General Release, and subject to Section 3 below, then:

Appears in 1 contract

Samples: Fairmarket Inc

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