Common use of Change in Control; Involuntary Termination Clause in Contracts

Change in Control; Involuntary Termination. “Change in Control Involuntary Termination” shall mean: (i) any termination by the Company other than for Cause (not including a termination as a result of Employee’s death or disability), or (ii) Employee’s voluntary termination for Good Reason, in each case in connection with, or within the period ending twelve (12) months following the effective date of a Change in Control.

Appears in 2 contracts

Sources: Management Continuity Agreement (Novus Therapeutics, Inc.), Management Continuity Agreement (Novus Therapeutics, Inc.)

Change in Control; Involuntary Termination. Change in Control Involuntary Termination" shall mean: (i) any termination by the Company other than for Cause (not including a termination as a result of Employee’s 's death or disability), or (ii) Employee’s 's voluntary termination for Good Reason, in each case in connection with, or within the period ending twelve (12) months following the effective date of a Change in Control.

Appears in 1 contract

Sources: Management Continuity Agreement (Novus Therapeutics, Inc.)