Common use of Termination Upon Change in Ownership Clause in Contracts

Termination Upon Change in Ownership. Upon a Change in Ownership of the Corporation, the Term shall end and all compensation due Xxxxxx under this Agreement will become immediately due and payable.

Appears in 2 contracts

Samples: Employment Agreement (Siga Pharmaceuticals Inc), Employment Agreement (Virologix Corp)

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Termination Upon Change in Ownership. Upon a Change in Ownership of the Corporation, the Term shall end and all compensation due Xxxxxx Schein under this Agreement will become immediately due and payable.

Appears in 2 contracts

Samples: Employment Agreement (Siga Pharmaceuticals Inc), Employment Agreement (Virologix Corp)

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Termination Upon Change in Ownership. Upon a Change in Ownership of the Corporation, the Term shall end and all compensation due Xxxxxx Employee under this Agreement will become immediately due and payablepayable and all stock, warrants and options of Employee in the Corporation shall immediately become vested.

Appears in 1 contract

Samples: Employment Agreement (Siga Pharmaceuticals Inc)

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