Common use of Termination Without Cause or Resignation for Good Reason After a Change of Control Clause in Contracts

Termination Without Cause or Resignation for Good Reason After a Change of Control. (a) If a Change of Control occurs and, during the one-year period commencing on the date of the Change of Control, the Company terminates Executive’s employment without Cause or Executive resigns for Good Reason (as defined in, and in accordance with the notice provisions set forth in Section 3.8) prior to the expiration of the then-current Employment Period, this Section 3.2 shall apply in lieu of Section 3.1.

Appears in 2 contracts

Samples: Executive Employment Agreement (Immunomedics Inc), Executive Employment Agreement (Immunomedics Inc)

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Termination Without Cause or Resignation for Good Reason After a Change of Control. (a) If a Change of Control occurs and, during the one-year period commencing on six months prior to and one year following the date of the Change of Control, the Company terminates Executive’s employment without Cause or Executive resigns for Good Reason (as defined in, and in accordance with the notice provisions set forth in Section 3.8) prior to the expiration of the then-current Employment Period, this Section 3.2 shall apply in lieu of Section 3.1.

Appears in 2 contracts

Samples: Executive Employment Agreement (Immunomedics Inc), Executive Employment Agreement (Immunomedics Inc)

Termination Without Cause or Resignation for Good Reason After a Change of Control. (a) If a Change of Control (as defined below) occurs and, during the one-year period commencing on the date of the Change of Control, the Company terminates Executive’s 's employment without Cause or Executive resigns for Good Reason (as defined in, and in accordance with the notice provisions set forth in Section 3.8) prior to the expiration of the then-current Employment Period2.9), this Section 3.2 2.2 shall apply in lieu of Section 3.12.1. The Company shall have the discretion to terminate Executive's employment during the notice period and pay continued Base Salary in lieu of notice.

Appears in 1 contract

Samples: Executive Employment Agreement (Immunomedics Inc)

Termination Without Cause or Resignation for Good Reason After a Change of Control. (a) If a Change of Control occurs and, during the one-year period commencing on the date of the Change of Control, the Company terminates Executive’s employment without Cause or Executive resigns for Good Reason (as defined in, and in accordance with the notice provisions set forth in Section 3.8) prior to the expiration of the then-current Employment Period2.9), this Section 3.2 2.2 shall apply in lieu of Section 3.1apply.

Appears in 1 contract

Samples: Employment Agreement (Immunomedics Inc)

Termination Without Cause or Resignation for Good Reason After a Change of Control. (a) If a Change of Control occurs and, during the one-year period commencing on six months prior to and one year following the date of the Change of Control, the Company terminates Executive’s 's employment without Cause or Executive resigns for Good Reason (as defined in, and in accordance with the notice provisions set forth in Section 3.8) prior to the expiration of the ofthe then-current Employment Period, this Section 3.2 shall apply in lieu of Section 3.1.

Appears in 1 contract

Samples: Executive Employment Agreement (Immunomedics Inc)

Termination Without Cause or Resignation for Good Reason After a Change of Control. (a) If a Change of Control occurs and, during the one-year period commencing on the date of the Change of Control, the Company terminates Executive’s employment without Cause or Executive resigns for Good Reason (as defined in, and in accordance with the notice provisions set forth in Section 3.83.9) prior to the expiration of the then-current Employment Period, this Section 3.2 3.3 shall apply in lieu of Section 3.13.2.

Appears in 1 contract

Samples: Executive Employment Agreement (Immunomedics Inc)

Termination Without Cause or Resignation for Good Reason After a Change of Control. (a) If a Change of Control occurs and, during the one-year period commencing on the date of the Change of Control, the Company terminates Executive’s employment without Cause (upon not less than 30 days’ prior written notice to Executive) or Executive resigns for Good Reason (as defined in, and in accordance with the notice provisions set forth in Section 3.8) prior to the expiration of the then-current Employment Period2.9), this Section 3.2 2.2 shall apply in lieu of Section 3.12.1. The Company shall have discretion to terminate Executive’s employment during the notice period and pay continued Base Salary in lieu of notice.

Appears in 1 contract

Samples: Employment Agreement (Immunomedics Inc)

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Termination Without Cause or Resignation for Good Reason After a Change of Control. (a) If a Change of Control occurs and, during the one-year period commencing on the date of the Change of Control, and the Company terminates Executive’s employment without Cause (upon not less than 30 days’ prior written notice to Executive) or Executive resigns for Good Reason (as defined in, and in accordance with the notice provisions set forth in Section 3.8) prior to the expiration of the then-current Employment Period2.9), this Section 3.2 2.2 shall apply apply. The Company shall have discretion to terminate Executive’s employment during the notice period and pay continued Base Salary in lieu of Section 3.1notice.

Appears in 1 contract

Samples: Employment Agreement (Immunomedics Inc)

Termination Without Cause or Resignation for Good Reason After a Change of Control. (a) If a Change of Control occurs and, during the one-year period commencing on six months prior to and one year following the date of the Change of Control, the Company terminates Executive’s employment without Cause or Executive resigns for Good Reason (as defined in, and in accordance with the notice provisions set forth in Section 3.8) prior to the expiration of the then-current Employment Period, this Section 3.2 shall apply in lieu of Section 3.1.'s EAST\172290509.4

Appears in 1 contract

Samples: Executive Employment Agreement (Immunomedics Inc)

Termination Without Cause or Resignation for Good Reason After a Change of Control. (a) If a Change of Control occurs and, during the one-year period commencing on the date of the Change of Control, the Company terminates Executive’s employment without Cause (which shall be upon not less than 30 days’ prior written notice to Executive) or Executive resigns for Good Reason (as defined in, and in accordance with the notice provisions set forth in Section 3.8) prior to the expiration of the then-current Employment Period2.9), this Section 3.2 2.2 shall apply in lieu of Section 3.12.1. The Company shall have discretion to terminate Executive’s employment during the notice period and pay continued Base Salary in lieu of notice through the end of the notice period.

Appears in 1 contract

Samples: Employment Agreement (Immunomedics Inc)

Termination Without Cause or Resignation for Good Reason After a Change of Control. (a) If a Change of Control occurs and, during the one-year period commencing on the date of the Change of Control, and the Company terminates Executive’s 's employment without Cause at any time upon or after a Change of Control or Executive resigns for Good Reason (as defined in, and in accordance with the notice provisions set forth in Section 3.82.9) prior to upon or at any time during the expiration one-year period following the Change of the then-current Employment PeriodControl, this Section 3.2 2.2 shall apply in lieu of Section 3.1apply.

Appears in 1 contract

Samples: Employment Agreement (Immunomedics Inc)

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