Common use of Waiver of Covenants Upon a Change in Control Clause in Contracts

Waiver of Covenants Upon a Change in Control. Upon the occurrence of a Change in Control, the Executive shall be released from each of the covenants set forth in Section 11.2 and 11.3, if such Executive is terminated by the Company without Cause or if the Executive terminates his employment with the Company for Good Reason.

Appears in 13 contracts

Samples: Employment Agreement (Bio Technology General Corp), Employment Agreement (Bio Technology General Corp), Employment Agreement (Savient Pharmaceuticals Inc)

AutoNDA by SimpleDocs

Waiver of Covenants Upon a Change in Control. Upon the occurrence of a Change in Control, the Executive shall be released from each of the covenants set forth in Section Sections 11.2 and 11.3, if such Executive is terminated by the Company without Cause or if the Executive terminates his employment with the Company for Good Reason.

Appears in 2 contracts

Samples: Employment Agreement (Bio Technology General Corp), Employment Agreement (Bio Technology General Corp)

AutoNDA by SimpleDocs

Waiver of Covenants Upon a Change in Control. Upon the occurrence of a Change in Control, the Executive shall be released from each of the covenants set forth in Section Sections 11.2 and 11.3, , if such Executive is terminated by the Company without Cause or if the or if the Executive terminates his employment with the Company for Good Reason.

Appears in 1 contract

Samples: Separation and Release Agreement (Savient Pharmaceuticals Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!