Common use of Your Agreement on Change in Control Clause in Contracts

Your Agreement on Change in Control. If one or more Potential Changes in Control occur during the Term of this Agreement, you agree not to resign for at least six full calendar months after a Potential Change in Control occurs, except as follows: (a) you may resign after a Change in Control occurs; (b) you may resign if you are given Good Reason to do so; and (c) you may terminate employment on account of retirement on or after 65 or because you become unable to work due to serious illness or injury.

Appears in 5 contracts

Samples: Employment Agreement (Versar Inc), Employment Agreement (Versar Inc), Employment Agreement (Versar Inc)

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Your Agreement on Change in Control. If one or more Potential Changes in Control occur during the Term of this Agreement, you agree not to resign for at least six full calendar months after a Potential Change in Control occurs, except as follows: (a) you may resign after a Change in Control occurs; (b) you may resign if you are given Good Reason to do so; and (c) you may terminate employment on account of retirement on or after age 65 or because you become unable to work due to serious illness or injury.

Appears in 5 contracts

Samples: Employment Agreement (Versar Inc), Employment Agreement (Versar Inc), Employment Agreement (Versar Inc)

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