Common use of After a Change of Control Clause in Contracts

After a Change of Control. If, after a Change of Control, the Company terminates the Employee's employment within two (2) years after the date of the Change of Control for any reason other than Due Cause, death or the Employee's disability, then the Company will pay to the Employee his Base Salary in accordance with the then current payroll policies of the Company for a twenty_four (24)-month period following such termination and all the rights and benefits the Employee may have under the any health and welfare benefit plan will be determined in accordance with the terms and conditions of those plans.

Appears in 1 contract

Sources: Employment Agreement (Omega Protein Corp)

After a Change of Control. If, after a Change of Control, the Company terminates the Employee's ’s employment within two (2) years after the date of the Change of Control for any reason other than Due Cause, death or the Employee's ’s disability, then the Company will pay to the Employee his Base Salary $319,200 payable in installments pro rata in accordance with the then current payroll policies of the Company for a twenty_four over the twenty-four (24)-month period following such termination termination, and all the rights and benefits the Employee may have under the any health and welfare benefit plan will be determined in accordance with the terms and conditions of those plans.

Appears in 1 contract

Sources: Employment Agreement (Omega Protein Corp)