Common use of TERMINATION WITHOUT CAUSE OR FOR GOOD REASON NOT IN CONNECTION WITH A CHANGE IN CONTROL Clause in Contracts

TERMINATION WITHOUT CAUSE OR FOR GOOD REASON NOT IN CONNECTION WITH A CHANGE IN CONTROL. If, prior to a Change in Control Date during the Employment Period (except in the event that one of the following terminations of employment occurs within the six-month period prior to the earlier of (a) a Change in Control Date or (b) the execution of a definitive agreement or contract that eventually results in a Change in Control, which shall result in the payment of severance benefits set forth in Section 4.2 of this Agreement), (i) the Company shall terminate the Executive's employment without Cause, or (ii) the Executive shall terminate his employment for Good Reason, the Executive shall be entitled to the payment of the benefits provided below:

Appears in 4 contracts

Samples: Employment Agreement (Angelica Corp /New/), Employment Agreement (Angelica Corp /New/), Employment Agreement (Angelica Corp /New/)

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TERMINATION WITHOUT CAUSE OR FOR GOOD REASON NOT IN CONNECTION WITH A CHANGE IN CONTROL. If, prior to a Change in Control Date during the Employment Period (except in the event that one of the following terminations of employment occurs within the six-month period prior to the earlier of (a) a Change in Control Date or (b) the execution of a definitive agreement or contract that eventually results in a Change in Control, which shall result in the payment of severance benefits set forth in Section 4.2 of this Agreement), (i) the Company shall terminate the ExecutiveEmployee's employment without Cause, or (ii) the Executive Employee shall terminate his employment for Good Reason, the Executive Employee shall be entitled to the payment of the benefits provided below:

Appears in 3 contracts

Samples: Angelica Corporation (Angelica Corp /New/), Angelica Corporation (Angelica Corp /New/), Employment Agreement (Angelica Corp /New/)

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