Common use of Termination without Cause Apart From a Change of Control Clause in Contracts

Termination without Cause Apart From a Change of Control. If the Company terminates Executive’s employment with the Company without Cause, and such termination occurs either prior to three (3) months before or after twelve (12) months following a Change of Control, and Executive signs and does not revoke a release of claims with the Company as required by Section 4 and resigns as a member of the Board, if applicable, effective no later than thirty (30) days following Executive’s termination, then Executive will receive the following from the Company:

Appears in 5 contracts

Samples: Change of Control and Severance Agreement (Ambarella Inc), Change of Control and Severance Agreement, Change of Control and Severance Agreement (Ambarella Inc)

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