Compensation Upon Change in Control. Notwithstanding any other provision in this Agreement, if there is a “change in control” of the Corporation (as hereinafter defined) during the Term of this Agreement, and within twelve (12) months thereafter, either (1) the Executive is terminated Without Cause (as hereinafter defined in section F) or (2) the Executive’s responsibilities are significantly reduced and, as a result, the Executive terminates his employment pursuant to section J, the Executive shall be entitled to the compensation and benefits set forth below.
Appears in 3 contracts
Sources: Employment Agreement (Bioreliance Corp), Employment Agreement (Bioreliance Corp), Employment Agreement (Bioreliance Corp)