Control Termination means any termination by the Company (or its successor) of Executive’s employment for any reason within six months in anticipation of or within two years following a Change in Control.
Control Termination as used herein shall mean (a) termination of this Agreement by the Company in anticipation of or following a "change in control" of the Company (as defined below), or (b) termination of this Agreement by Executive following "change in control" of the Company (as defined below) upon the occurrence of any of the following events:
Control Termination as used herein shall mean (A) termination of this Agreement by the Company in anticipation of or not later than two years following a "change in control" of the Company (as defined below), or (B) termination of this Agreement by Executive following "change in control" of the Company (as defined below) upon the occurrence of any of the following events:
(i) a significant change in the nature or scope of Executive's authorities or duties from those in existence immediately prior to the change in control, a reduction in his total compensation from that in existence immediately prior to the change in control, or a breach by the Company of any other provision of this Agreement; or
(ii) the reasonable determination by Executive that, as a result of a change in circumstances significantly affecting his position, he is unable to exercise Executive's authorities, powers, functions or duties in existence immediately prior to the change in control, or
(iii) the Company's principal executive offices are moved outside the geographic area comprised of Marixx Xxxnty, Indiana, and the seven contiguous counties or Executive is required to work at a location other than the Company's principal executive offices; or
(iv) the giving of notice of termination by Executive during the 6-month period commencing six (6) months after the change in control.
Examples of Control Termination in a sentence
So long as a Control Termination Event is not in effect pursuant to the terms of the Lead Securitization Servicing Agreement, the Controlling Note Holder Representative shall be the Lead Securitization Subordinate Class Representative.
If such firm or attorney determines that no Excise Tax is payable by the Executive with respect to the Change of Control Termination Total Payments, it shall furnish the Executive with an opinion reasonably acceptable to the Executive that no Excise Tax will be imposed with respect to any such payments and, absent manifest error, such determination shall be binding, final and conclusive upon the Company and the Executive.
Further, the Certificate Administrator shall post a “special notice” on the Certificate Administrator’s Website within ten (10) days of its determination (or its receipt of notice) of the commencement or cessation of any Control Termination Event, Consultation Termination Event or Operating Advisor Consultation Trigger Event.
If Executive is indebted to the Company on the effective date of a Change in Control Termination or Covered Termination, the Company reserves the right to offset any severance payments and benefits under this Agreement by the amount of such indebtedness.
Further, the Certificate Administrator shall post a “special notice” on the Certificate Administrator’s Website within ten (10) days of its determination (or its receipt of notice) of the commencement or cessation of any Control Termination Event or Consultation Termination Event.
More Definitions of Control Termination
Control Termination as used herein shall mean (A) termination of this Agreement by the Company for any reason other than (w) expiration of the term of this Agreement, (x) death, (y) disability under Section 7, or (z) for “just cause”, all or any in anticipation of, or not later than two years following, a “Change in Control” of the Company (as defined below), or (B) termination of this Agreement by Executive following a “change in control” of the Company (as defined below) upon the occurrence of (i) any of the events specified in Section 10(c) constituting “good reason” or (ii) the giving of a notice of termination by Executive during a six (6) month period commencing six (6) months after a “Change in Control.”
Control Termination as used herein shall mean (A) termination of this Agreement by the Company for any reason other than (x) death, (y) disability under Section 7 or (z) for "just cause" in anticipation of or not later than two years following a "change in control" of the Company (as defined below), or (B) termination of this Agreement by Employee following "change in control" of the Company (as defined below) upon the occurrence of any of the following events:
(i) a significant change not involving a promotion or increase in the nature or scope of Employee's authorities or duties from those in existence immediately prior to the change in control, a reduction in his total compensation from that in existence immediately prior to the change in control or a breach by the Company of any other provision of this Agreement; or
(ii) the reasonable determination by Employee that, as a result of a change in circumstances significantly affecting his position, he is unable to exercise Employee's authorities, powers, functions or duties in existence immediately prior to the change in control.
Control Termination as used herein shall mean (1) termination of this Agreement by the Company in anticipation of or not later than two years following a "change in control" of the Company (as defined below), or (2) termination of this Agreement by Executive following a "change in control" of the Company (as defined below) upon the occurrence of any of the following events:
(i) a significant change in the nature or scope of Executive's authorities or duties from those in existence immediately prior to the change in control, a reduction in total compensation from that in existence immediately prior to the change in control, or a breach by the Company of any other provision of this Agreement; or
(ii) the reasonable determination by Executive that, as a result of a change in circumstances significantly affecting his position, he is unable to exercise Executive's authorities, powers, functions or duties in existence immediately prior to the change in control; or
(iii) the Company's principal executive offices are moved outside the geographic area comprised of Marixx Xxxnty, Indiana, and the seven contiguous counties; or
(iv) the giving of notice of termination by Executive to the Company during the 6-month period commencing six (6) months after the change in control.
Control Termination means any termination by the Employer (or its successor) of Employee’s employment for any reason, or by Employee With Reason, within six months in anticipation of or within two years following a Change in Control.
Control Termination as used in this Agreement shall mean (i) termination of this Agreement by the Company in anticipation of or within five (5) years for any reason other than pursuant to Sections 9(a), 9(b), 9(c), 9(d) or 9(e) following a "change in control" of the Company (as defined above), or (ii) termination of this Agreement by Executive for good reason (as defined in Section 12(c)) within five (5) years following a "change in control" of the Company (as defined above).
Control Termination as used herein shall mean (A) termination of Executive's employment by the Company for any reason other than (x) death, (y) disability under Section 7, or (z) for "just cause," in anticipation of or not later than two years following a "Change in Control" of the Company (as defined below), or (B) termination of Executive's employment by Executive following a "Change in Control" of the Company (as defined below) upon the occurrence of any of the events specified in Section 10(c) constituting "good reason" not later than two years following a Change in Control.
Control Termination means a termination of this Agreement by the Company or the Executive 90 days prior to a "change in control" of the Company or a termination by the Executive within 90 days after a "change in control" of the Company upon the occurrence of any of the following events: