CIC Period definition

CIC Period means the 24-month period commencing on the CiC Date; provided, however, if the Company terminates the Executive’s employment with the Company prior to the CiC Date but on or after a Potential CiC Date, and it is reasonably demonstrated that the Executive’s (i) employment was terminated at the request of an unaffiliated third party who has taken steps reasonably calculated to effect a Change in Control or (ii) termination of employment otherwise arose in connection with or in anticipation of the Change in Control, then the “CiC Period” shall mean the 24 month period beginning on the date immediately prior to the date of the Executive’s termination of employment with the Company.
CIC Period means the period beginning on the date an event that constitutes a Change in Control occurs and ending on the first anniversary of such date.
CIC Period means the two-year period following a Change in Control.

Examples of CIC Period in a sentence

  • Upon a Change in Control, the Award shall be treated in accordance with Section 10 of the Plan, or, if better, in accordance with Exhibit C to the Offer Letter for a Qualifying Termination during a CIC Period, with “Cause” and “Good Reason” for such purpose as defined in the Offer Letter.


More Definitions of CIC Period

CIC Period means the twelve (12) month period following the effective date of a Change in Control.
CIC Period means the six month period following the effective date of a Change in Control.
CIC Period means the period commencing on the date that is three (3) months prior to the date on which a Change of Control occurs and ending on the date that is twelve (12) months following such occurrence.
CIC Period means the period commencing the date three (3) months prior to a Change in Control and ending twenty-four (24) months following such Change in Control.
CIC Period means the period of time beginning on the date that is six (6) months prior to a Change in Control and ending on the date that is twenty-four (24) months following such Change in Control.
CIC Period means the twenty four (24)-month period commencing on the CiC Date; provided, however, if the Company terminates the Executive’s employment with the Company prior to the CiC Date but on or after a Potential CiC Date, and it is reasonably demonstrated that the Executive’s (i) employment was terminated at the request of an unaffiliated third party who has taken steps reasonably calculated to effect a Change in Control or (ii) termination of employment otherwise arose in connection with or in anticipation of the Change in Control, then the “CiC Period” shall mean the twenty four (24)-month period beginning on the date immediately prior to the date of the Executive’s termination of employment with the Company.
CIC Period means that period commencing on the date that is three (3) months prior to a Change in Control and ending on the date that is twelve (12) months following a Change in Control.