CIC Agreement definition

CIC Agreement means the Executive Change in Control Agreement between the Company and the Executive, as such agreement may be amended, supplemented or otherwise modified from time to time, or, if such agreement is no longer in effect, any successor agreement thereto.

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CIC Agreement means a Change in Control Severance Agreement (or any similar or successor written agreement) between the Participant and the Company that provides for the accelerated vesting (or all or a portion) of the equity awards granted by the Company to the Participant (to the extent then outstanding and otherwise unvested) in connection with certain terminations of the Participant’s employment and which, by its terms, would apply to the RSU (subject to any applicable release or other conditions on such accelerated vesting as set forth in such agreement).

CIC Agreement means that certain Change in Control Severance Compensation and Restrictive Covenant Agreement, dated as of February 29, 2002, between the Company and the Executive.

Examples of CIC Agreement in a sentence

If circumstances arise which cause both the C-I-C Agreement and this Agreement to apply to the Company and the Executive, then, to the extent of any inconsistency between the provisions of this Agreement and the C-I-C Agreement, the terms of the C-I-C Agreement alone shall apply.
However, if the C-I-C Agreement does not apply (as, for example, if there is no Change in Control as described therein, or the C-I-C Agreement has expired, or the C-I-C Agreement simply does not apply), then the provisions of this Agreement shall control and be unaffected by the C-I-C Agreement.
This Agreement and the C-I-C Agreement contain the entire agreement between the parties concerning the subject matter hereof and supersede all prior agreements, understandings, discussions, negotiations and undertakings, whether written or oral, between the parties with respect to the subject matter hereof.
The Executive is not eligible to receive both severance benefits under the CIC Agreement and Severance Benefits hereunder.
Accordingly, if the Executive receives severance benefits under the CIC Agreement, he shall not receive Severance Benefits hereunder.

More Definitions of CIC Agreement

CIC Agreement has the meaning given to the term in Section 5.7(c)(iii)(D) of this Agreement.

CIC Agreement the Executive Severance Agreement entered into by and between the Executive and the Company on October 17, 1996, providing certain benefits in the event of a change in corporate control of the Company, attached hereto as Exhibit "A" and incorporated by this reference herein.

CIC Agreement means that certain Change in Control Severance Agreement, dated on or about the date hereof, by and between Parent and Executive.

CIC Agreement means a change in control agreement entered into between the Company and an executive or other employee.

CIC Agreement means a Change-in-Control Employment Agreement that the Company may, as determined by the Board, enter into with certain Participants from time to time.

CIC Agreement means the Change-in-Control Severance Agreement between the Participant and the Company as in effect on the Date of Grant and as it may thereafter be amended from time to time.

CIC Agreement means the Severance Compensation Agreement, the form of which is attached hereto, that will provide Employee with severance and other valuable benefits in the event his or her Praxair employment terminates for certain reasons within two (2) years after a change in control of Praxair (as defined in the CIC Agreement).