Termination After Transfer of Control definition

Termination After Transfer of Control means either of the following events occurring after a Transfer of Control:
Termination After Transfer of Control shall not include any termination of the employment of the Optionee (i) by the Company for Cause; (ii) by the Company as a result of the disability of the Optionee; (iii) as a result of the death of the Optionee; or (iv) as a result of the voluntary termination of employment by the Optionee (other than for Good Reason).
Termination After Transfer of Control means the occurrence, within eighteen (18) months following a Transfer of Control, of either (i) termination of the Optionee's employment by the Company for any reason other than for Cause, or (ii) the Optionee's resignation for Good Reason. "Termination After Transfer of Control" shall not include any termination of the employment of the Optionee (i) by the Company for Cause; (ii) by the Company as a result of the disability of the Optionee; (iii) as a result of the death of the Optionee; or (iv) as a result of the voluntary termination of employment by the Optionee (other than for Good Reason).

Examples of Termination After Transfer of Control in a sentence

  • If the Key Employee’s employment with the Group Company terminates by reason of Termination After Transfer of Control (as defined in Section 9.02) then, subject to the provisions of Article XII of this Plan, the Award shall Vest in full on the date on the date of such Termination After Transfer of Control.

  • Notwithstanding any provisions of the Option Agreement to the contrary, in the event of a Termination After Transfer of Control (as defined below), any unexercised portion of the Option shall be immediately exercisable and vested in full as of the date of the Optionee's termination of employment with the Company.

  • Notwithstanding any provision herein to the contrary, Termination After Transfer of Control will not include any termination of the Grantee’s employment or service with the Company which: (A) is a Termination for Cause; (B) is a result of the Grantee’s death or Disability; (C) is a result of the Grantee’s voluntary termination of employment or service other than upon Constructive Termination; or (D) occurs prior to the effectiveness of a Change in Control.

  • In the event of a Termination After Transfer of Control, any unexercised portion of the Option shall be immediately exercisable and vested in full as of the date of the Optionee's termination of Service, subject to Section 10 below.

  • If the Grantee’s employment or service with the Corporation terminates by reason of Termination After Transfer of Control (as defined in Section 6.8 hereof), the Stock Grant shall be deemed to have vested one hundred percent (100%) as of the date of such Transfer After Termination of Control.


More Definitions of Termination After Transfer of Control

Termination After Transfer of Control means either of ------------------------------------- the following events occurring within twelve (12) months after a Transfer of Control (as defined in Section 8.1(b) below): (i) termination by the Participating Company Group of the Optionee's Service with the Participating Company Group for any reason other than a Termination For Cause; or (ii) the Optionee's resignation from Service with the Participating Company Group within a reasonable period of time following any Constructive Termination (as defined below). Notwithstanding any provision herein to the contrary, Termination After Transfer of Control shall not include any termination of the Optionee's Service with the Participating Company Group which (1) is a Termination For Cause; (2) is a result of the Optionee's death or Disability; (3) is a result of the Optionee's voluntary termination of Service other than upon Constructive Termination (as defined below); or (4) occurs prior to the effectiveness of a Transfer of Control.
Termination After Transfer of Control means either of the following events occurring after a Transfer of Control: a. termination by the Company of the Grantee’s employment with the Company, within twelve (12) months following a Transfer of Control, for any reason other than Termination for Cause (as defined below); or b. upon Grantee’s Constructive Termination (as defined below), the Grantee’s resignation from employment with the Company within twelve (12) months following the Transfer of Control. Notwithstanding any provision herein to the contrary, Termination After Transfer of Control shall not include any termination of the Grantee’s employment with the Company which: (i) is a Termination for Cause (as defined below); (ii) is a result of the Grantee’s death or Disability; (iii) is a result of the Grantee’s voluntary termination of employment with the Company other than upon Constructive Termination (as defined below); or (iv) occurs prior to the effectiveness of a Transfer of Control.
Termination After Transfer of Control means the occurrence, within eighteen (18) months following a Transfer of Control, of either (i) termination
Termination After Transfer of Control means either of the following events occurring within twelve (12) months after a Transfer of Control:
Termination After Transfer of Control means either of the following events occurring within twelve (12) months after a Transfer of Control (as defined in the Plan): (i) termination of the Optionee's Continuous Status as an Employee by the Company or any Parent or Subsidiary of the Company for any reason other than Termination for Cause (as defined below), or (ii) the Optionee's resignation from employment with the Company or any Parent or Subsidiary of the Company within a reasonable period of time following any Constructive Termination (as defined below).
Termination After Transfer of Control means either of the following events occurring within twelve (12) months after a Transfer of Control (as defined in Section 8.1(b) below): (i) termination by the Participating Company Group of the Optionee's Service with the Participating Company Group for any reason other than a Termination For Cause; or
Termination After Transfer of Control means either of the following events occurring within twelve (12) months after a Transfer of Control (as defined in Section 8.1(b) below):