Common use of Termination Within Two Years After a Change of Control Clause in Contracts

Termination Within Two Years After a Change of Control. If Executive's employment by the Company or any subsidiary thereof or successor thereto shall be subject to an Involuntary Termination which occurs within two years after the date upon which a Change of Control occurs, then the Company will, as additional compensation for services rendered to the Company (including its subsidiaries), pay to Executive the following amounts (subject to any applicable payroll or other taxes required to be withheld and any employee benefit premiums) and take the following actions after the last day of Executive's employment with the Company:

Appears in 9 contracts

Samples: Severance Agreement (Forest Oil Corp), Severance Agreement (Seabulk International Inc), Severance Agreement (Seabulk International Inc)

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Termination Within Two Years After a Change of Control. If Subject to the provisions of Paragraph 6(i) hereof, if Executive's ’s employment by the Company or any subsidiary thereof or successor thereto shall be subject to an Involuntary Termination which occurs within two years after the date upon which a Change of Control occurs, then the Company will, as additional compensation for services rendered to the Company (including its subsidiaries), pay to Executive the following amounts (subject to any applicable payroll or other taxes required to be withheld and any employee benefit premiums) and take the following actions after the last day of Executive's ’s employment with the Company:

Appears in 6 contracts

Samples: Severance Agreement (Forest Oil Corp), Severance Agreement (Forest Oil Corp), Severance Agreement (Forest Oil Corp)

Termination Within Two Years After a Change of Control. If Subject to the provisions of Paragraph 7(i) hereof, if Executive's ’s employment by the Company or any subsidiary thereof or successor thereto shall be subject to an Involuntary Termination which occurs on or within two years after the date upon which a Change of Control occurs, then the Company will, as additional compensation for services rendered to the Company (including its subsidiaries), pay to Executive the following amounts (subject to any applicable payroll or other taxes required to be withheld and any employee benefit premiums) and take the following actions after the last day of Executive's ’s employment with the Company:

Appears in 3 contracts

Samples: Severance Agreement (Forest Oil Corp), Severance Agreement (Forest Oil Corp), Severance Agreement (Forest Oil Corp)

Termination Within Two Years After a Change of Control. If Subject to the provisions of Paragraph 7(i) hereof, if Executive's ’s employment by the Company or any subsidiary thereof or successor thereto shall be subject to an Involuntary Termination which occurs within two years after the date upon which a Change of Control occurs, then the Company will, as additional compensation for services rendered to the Company (including its subsidiaries), pay to Executive the following amounts (subject to any applicable payroll or other taxes required to be withheld and any employee benefit premiums) and take the following actions after the last day of Executive's ’s employment with the Company:

Appears in 2 contracts

Samples: Severance Agreement (Forest Oil Corp), Severance Agreement (Forest Oil Corp)

Termination Within Two Years After a Change of Control. If Subject to the provisions of Paragraph 8(i) hereof, if Executive's ’s employment by the Company or any subsidiary thereof or successor thereto shall be subject to an Involuntary Termination which occurs on or within two years after the date upon which a Change of Control occurs, then the Company will, as additional compensation for services rendered to the Company (including its subsidiaries), pay to Executive the following amounts (subject to any applicable payroll or other taxes required to be withheld and any employee benefit premiums) and take the following actions after the last day of Executive's ’s employment with the Company:

Appears in 1 contract

Samples: Severance Agreement (Forest Oil Corp)

Termination Within Two Years After a Change of Control. If Subject to the provisions of Paragraph 5(i) hereof, if Executive's ’s employment by the Company or any subsidiary thereof or successor thereto shall be subject to an Involuntary Termination which occurs within two years after the date upon which a Change of Control occurs, then the Company will, as additional compensation for services rendered to the Company (including its subsidiaries), pay to Executive the following amounts (subject to any applicable payroll or other taxes required to be withheld and any employee benefit premiums) and take the following actions after the last day of Executive's ’s employment with the Company:

Appears in 1 contract

Samples: Severance Agreement (Lone Pine Resources Inc.)

Termination Within Two Years After a Change of Control. If Executive's ’s employment by the Company or any subsidiary thereof or successor thereto shall be subject to an Involuntary Termination which occurs within two years after the date upon which a Change of Control occurs, then the Company will, as additional compensation for services rendered to the Company (including its subsidiaries), pay to Executive the following amounts (subject to any applicable payroll or other taxes required to be withheld and any employee benefit premiums) and take the following actions after the last day of Executive's ’s employment with the Company:

Appears in 1 contract

Samples: Severance Agreement (Seabulk International Inc)

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Termination Within Two Years After a Change of Control. If ExecutiveEmployee's employment by the Company or any subsidiary thereof or successor thereto shall be subject to an Involuntary Termination which occurs within two years after the date upon which a Change of Control occurs, then the Company will, as additional compensation for services rendered to the Company (including its subsidiaries), pay to Executive Employee the following amounts (subject to any applicable payroll or other taxes required to be withheld and any employee benefit premiums) and take the following actions after the last day of ExecutiveEmployee's employment with the Company:

Appears in 1 contract

Samples: Severance Agreement (Forest Oil Corp)

Termination Within Two Years After a Change of Control. If Subject to the provisions of Paragraph 6(i) hereof, if Executive's ’s employment by the Company or any subsidiary thereof or successor thereto shall be subject to an Involuntary Termination which occurs on or within two years after the date upon which a Change of Control occurs, then the Company will, as additional compensation for services rendered to the Company (including its subsidiaries), pay to Executive the following amounts (subject to any applicable payroll or other taxes required to be withheld and any employee benefit premiums) and take the following actions after the last day of Executive's ’s employment with the Company:

Appears in 1 contract

Samples: Severance Agreement (Forest Oil Corp)

Termination Within Two Years After a Change of Control. If Subject to the provisions of Paragraph 5(i) hereof, if Executive's employment by the Company or any subsidiary thereof or successor thereto shall be subject to an Involuntary Termination which occurs within two years after the date upon which a Change of Control occurs, then the Company will, as additional compensation for services rendered to the Company (including its subsidiaries), pay to Executive the following amounts (subject to any applicable payroll or other taxes required to be withheld and any employee benefit premiums) and take the following actions after the last day of Executive's employment with the Company:

Appears in 1 contract

Samples: Severance Agreement (Lone Pine Resources Inc.)

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