Common use of Termination Without Cause or For Good Reason Following Change in Control Clause in Contracts

Termination Without Cause or For Good Reason Following Change in Control. If Employee’s employment is terminated by Employer without Cause or by Employee for Good Reason, in either case within twenty-four (24) months following a Change in Control, then, in addition to the Accrued Obligations, subject to and conditioned upon Employee’s timely execution and non-revocation of the Release (as more fully described in Section IV.I below), which becomes effective and irrevocable no later than sixty (60) days following the Date of Termination, and Employee’s continued compliance with Section VI.B of this Agreement, Employee shall be entitled to the following severance benefits:

Appears in 5 contracts

Samples: Employment Agreement (Quanta Services, Inc.), Employment Agreement (Quanta Services, Inc.), Employment Agreement (Quanta Services, Inc.)

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