CIC Agreements definition

CIC Agreements has the meaning set forth in Section 6.11(f).
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CIC Agreements means the Change in Control and Non-Compete Agreements as in effect on the Closing Date among DSLT and DCSFI and each of Xxxxxx Xxxxxxxxx, Xxxxx Xxxxx, Xxxxxx Xxxxxxx, Xxxxxxx Xxxxxxxx and Xxxx Xxxxxx.
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CIC Agreements means any Executive Severance Agreement or Senior Executive Severance Agreement between the Employer and an individual employee, which provides severance benefits in connection with a change in control (as such term is defined in the CIC Agreement).
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Examples of CIC Agreements in a sentence

  • The terms of the CIC Agreements provide that active welfare benefits would continue for three years and post-retirement welfare benefits would not commence until the three-year period is over.

  • The CIC Agreements provide for an additional three years of age and service to be added to each NEO's post-retirement welfare benefits (including medical, dental and life).

  • Except as may be modified hereby, the CIC Agreements and the arrangements providing for CIC Payments shall remain in full force and effect.

  • The Company wishes to consolidate these CIC Agreements under a single plan document.

  • Accordingly, as of the Effective Date (as defined below), the CIC Agreements shall be terminated and each of the employees covered under those agreements shall become a Key Eligible Employee.

  • Starrett, O’Brien, Walsh and Aspin are entitled to certain payments in connection with a “change in control” (as defined in the CIC Agreements) of the Company.

  • The total payments required by CIC Agreements are $2,504,000 for executive officers and $1,417,000 for other key employees (see “Note 19.

  • Additionally, the CIC Agreements provide that in addition to the above severance benefits, if the executive’s employment is terminated without cause or by the executive for good reason within 90 days prior to a change in control, provided that a change in control actually occurs, or within two years after the change in control, then all of the executive’s outstanding equity will become fully vested and exercisable.

  • Employees of Hxxxx Corporation and Hxxxx Logistic Services, L.L.C. (“HLS”) at pay grades 34 and above will receive CIC Agreements either upon hire or promotion to an eligible pay grade level at the benefit level described in Section 2 below.

  • According to the committee, the CIC Agreements would “reinforce and encourage” management’s “attention and dedication” to their jobs without the “distraction arising from the possibility of a change in control” at Ve- raSun.


More Definitions of CIC Agreements

CIC Agreements means those certain change of control agreements designated with an asterisk on Schedule 5(c) of the Restructuring Support Agreement.
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Related to CIC Agreements

  • Retention Agreements has the meaning set forth in Section 5.11(e).

  • Employment Agreements has the meaning set forth in Section 7.05.

  • Existing Agreements has the meaning as set forth in Section 3.2 hereof.

  • Prior Agreements Has the meaning given such term in the recitals to this Agreement.

  • Equity Agreements has the meaning set forth in Section 5.1.

  • Noncompetition Agreements as defined in Section 2.4(a)(iv).

  • Employment Agreement means any employment, severance, retention, termination, indemnification, change in control or similar agreement between the Company or any of its Subsidiaries, on the one hand, and any current or former employee of the Company or any of its Subsidiaries, on the other hand.

  • Non-Competition Agreements has the meaning set out in Section 7.1.1.7;

  • Restrictive Covenant Agreements has the meaning set forth in the Recitals.

  • Non-Compete Agreements shall have the meaning provided in Section 5.05.

  • Severance Agreement means the Amended and Restated Key Executive Severance Agreement, dated as of the date hereof, between the parties, as it may be amended from time to time, that provides for certain benefits related to termination of the Executive’s employment that are unrelated to a Change of Control.

  • VIE Agreements means the Exclusive Service Agreement, the Exclusive Call Option Agreement, the Shareholder Voting Rights Proxy Agreement and the Equity Pledge Agreement entered into by and among some or all of the Parties hereto on the same day this agreement is entered, including any supplemental agreements or amendments to such agreements, and any other agreements, contracts or legal documents executed or issued by one or more Parties and/or Party C’s affiliated enterprises from time to time to ensure the performance of the aforesaid agreements, signed or accepted by Party A in writing.

  • Company IP Agreements means all licenses, sublicenses, consent to use agreements, settlements, coexistence agreements, covenants not to xxx, permissions and other Contracts (including any right to receive or obligation to pay royalties or any other consideration), whether written or oral, relating to Intellectual Property to which the Company is a party, beneficiary or otherwise bound.

  • Lock-Up Agreements means the lock-up agreements that are delivered on the date hereof by each of the Company’s officers and directors, in the form of Exhibit A attached hereto.

  • Prior Agreement has the meaning set forth in the Recitals.

  • Existing Agreement has the meaning set forth in the recitals.

  • Acquisition Agreements has the meaning specified in the Recitals.

  • Consulting Agreements has the meaning set forth in the Recitals.

  • LLC Agreements means the Initial Holdings LLC Agreement, the Holdings LLC Agreement, the Initial Investors LLC Agreement and the Investors LLC Agreement.

  • Change in Control Agreement means a written Change in Control Agreement between an employee and the Company or an Affiliate.

  • Original Agreement has the meaning set forth in the recitals.

  • Confidentiality Agreements shall have the meaning set forth in Section 6.7 hereof.

  • Restrictive Agreements as defined in subsection 3.3(a).

  • Support Agreements has the meaning set forth in the Recitals.

  • IP Agreements means all material Copyright Licenses, Patent Licenses, Trademark Licenses, and all other agreements, permits, consents, orders and franchises relating to the license, development, use or disclosure of any material Intellectual Property to which a Pledgor, now or hereafter, is a party or a beneficiary, including, without limitation, the agreements set forth on Schedule III hereto.

  • Excluded Agreements means (i) the Warrant Agreement; and (ii) any stock purchase agreement, options, or other warrants to acquire, or agreements governing the rights of, any capital stock or other equity security, or any common stock, preferred stock, or equity security issued to or purchased by Us or Our nominee or assignee.