Common Contracts

1 similar Continuation Agreement contracts

Contract
Continuation Agreement • May 5th, 2020 • New Jersey

<DOCUMENT> <TYPE>EX-10.6 <SEQUENCE>7 <FILENAME>y23753exv10w6.txt <DESCRIPTION>FORM OF EMPLOYMENT CONTINUATION AGREEMENT <TEXT> <PAGE> EXHIBIT 10.6 EMPLOYMENT CONTINUATION AGREEMENT THIS AGREEMENT between New Jersey Resources Corporation, a New Jersey corporation (the "Company"), and <<NAME>> (the "Executive"), dated as of this ____ day of __________, 200_. WITNESSETH : WHEREAS, the Company has employed the Executive in an officer position with the Company or affiliate thereof and has determined that the Executive holds an important position with same; WHEREAS, the Company believes that, in the event it is confronted with a situation that could result in a change in ownership or control of the Company, continuity of management will be essential to its ability to evaluate and respond to such situation in the best interests of shareholders; WHEREAS, the Company understands that any such situation will present significant concerns for the Executive with respect to his financial and job sec

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