Common use of Termination Upon Change of Control Clause in Contracts

Termination Upon Change of Control. Subject to Section 7, if the Executive’s employment with the Company terminates by reason of a Termination Upon Change of Control, then the Executive shall be entitled to the benefits described in Sections 4.1 and 4.3 above and in this Section 5 and shall have no further rights to any compensation or any other benefits from the Company or any of its affiliates:

Appears in 11 contracts

Samples: Employment Agreement (Workhorse Group Inc.), Employment Agreement (Workhorse Group Inc.), Employment Agreement (Workhorse Group Inc.)

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Termination Upon Change of Control. Subject to Section 7, if the Executive’s 's employment with the Company terminates by reason of a Termination Upon Change of Control, then the Executive shall be entitled to the benefits described in Sections 4.1 and 4.3 above and in this Section 5 and shall have no further rights to any compensation or any other benefits from the Company or any of its affiliates:

Appears in 3 contracts

Samples: Employment Agreement (GREENPOWER MOTOR Co INC.), Employment Agreement (GREENPOWER MOTOR Co INC.), Employment Agreement (Workhorse Group Inc.)

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Termination Upon Change of Control. Subject to Section 7, if the Executive’s employment 's position with the Company terminates by reason of a Termination Upon Change of Control, then the Executive Manager shall be entitled to the benefits described in Sections 4.1 and 4.3 above and in this Section 5 and shall have no further rights to any compensation or any other benefits from the Company or any of its affiliates:

Appears in 1 contract

Samples: Employment Agreement (GREENPOWER MOTOR Co INC.)

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