Common use of Termination without Cause or for Good Reason within 12 Months following a Change in Control Clause in Contracts

Termination without Cause or for Good Reason within 12 Months following a Change in Control. (a) Provided that the Executive has completed 180 days of full-time continuous employment with the Company, if, within twelve (12) months following the occurrence of a Change in Control of the Company (as defined below), the Executive’s employment hereunder is terminated without Cause (other than by reason of death or Disability) or the Executive resigns for Good Reason, the provisions of this Section 4.2 shall control instead of the provisions of Section 4.1. (b) As used in this Agreement, “Change in Control” means

Appears in 4 contracts

Samples: Employment Agreement (CytoDyn Inc.), Employment Agreement (CytoDyn Inc.), Employment Agreement (CytoDyn Inc.)

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Termination without Cause or for Good Reason within 12 Months following a Change in Control. (a) Provided that the Executive has completed 180 days of full-time continuous employment with the Company, if, within twelve (12) months following the occurrence of a Change in Control of the Company (as defined below), the Executive’s employment hereunder is terminated without Cause (other than by reason of death or Disability) or the Executive resigns for Good Reason, the provisions of this Section 4.2 shall control instead of the provisions of Section 4.1. (b) As used in this Agreement, “Change in Control” means:

Appears in 1 contract

Samples: Employment Agreement (CytoDyn Inc.)

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Termination without Cause or for Good Reason within 12 Months following a Change in Control. (a) Provided that the Executive has completed 180 one hundred eighty (180) days of full-time continuous employment with the Company, if, within twelve (12) months following the occurrence of a Change in Control of the Company (as defined below), the Executive’s employment hereunder is terminated without Cause (other than by reason of death or Disability) or the Executive resigns for Good Reason, the provisions of this Section 4.2 shall control instead of the provisions of Section 4.1. (b) As used in this Agreement, “Change in Control” meansfollowing

Appears in 1 contract

Samples: Employment Agreement (CytoDyn Inc.)

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