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

Termination Without Cause or Resignation for Good Reason During Change of Control Period. If, at any time during the Change of Control Period, (i) Executive’s employment with the Company is terminated by the Company without Cause (other than as a result of Executive’s death or Disability), or (ii) Executive resigns for Good Reason, then, subject to compliance with the Release Requirement, and provided such termination or resignation constitutes a Separation from Service, Executive will be eligible to receive the following severance benefits in lieu of (and not in addition to) the severance benefits described in Section 7(a) above, and provided that Executive satisfies the Release Requirement and remains in compliance with the terms of this Agreement, to be paid as soon as practical following the Release Effective Date:

Appears in 7 contracts

Samples: Employment Agreement (S&W Seed Co), Employment Agreement (Cadrenal Therapeutics, Inc.), Employment Agreement (Cadrenal Therapeutics, Inc.)

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Termination Without Cause or Resignation for Good Reason During Change of Control Period. If, at any time during the Change of Control Period, (i) Executive’s employment with the Company is terminated by the Company without Cause (other than as a result of Executive’s death or Disability), or (ii) Executive resigns for Good Reason, then, subject to compliance with the Release Requirement, and provided such termination or resignation constitutes a Separation from Service, Executive will be eligible to receive the following severance benefits in lieu of (and not in addition to) the severance benefits described in Section 7(a7 (a) above, and provided that Executive satisfies the Release Requirement and remains in compliance with the terms of this Agreement, to be paid as soon as practical following the Release Effective Date:

Appears in 1 contract

Samples: Employment Agreement (Cadrenal Therapeutics, Inc.)

Termination Without Cause or Resignation for Good Reason During Change of Control Period. If, If at any time during the Change of Control Period, (i) Executive’s employment with the Company is terminated by the Company without Cause (other than as a result of Executive’s death or Complete Disability), ) or (ii) by Executive resigns for Good Reason, then, subject to compliance with the Release Requirement, and provided (ii) such termination or resignation of employment constitutes a Separation from Service, and (iii) in either case Executive satisfies the Release Requirement and complies with the terms of this Agreement and his contractual and legal obligations to the Company, then Executive will be eligible to receive the following severance benefits in lieu of (and not in addition to) the severance benefits described in Section 7(a) 5.3 above, and provided that Executive satisfies the Release Requirement and remains in compliance with the terms of this Agreement, to be paid as soon as practical following the Release Effective Date:: 8. 215800778 v6 Exhibit 10.16

Appears in 1 contract

Samples: Employment Agreement (S&W Seed Co)

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Termination Without Cause or Resignation for Good Reason During Change of Control Period. If, at any time during the Change of Control Period, (i) Executive’s 215800350 v8 employment with the Company is terminated by the Company without Cause (other than as a result of Executive’s death or Disability), or (ii) Executive resigns for Good Reason, then, subject to compliance with the Release Requirement, and provided such termination or resignation constitutes a Separation from Service, Executive will be eligible to receive the following severance benefits in lieu of (and not in addition to) the severance benefits described in Section 7(a) above, and provided that Executive satisfies the Release Requirement and remains in compliance with the terms of this Agreement, to be paid as soon as practical following the Release Effective Date:

Appears in 1 contract

Samples: Employment Agreement (S&W Seed Co)

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