Common use of On or Following a Change in Control Clause in Contracts

On or Following a Change in Control. Subject to Section 4.2(b), if the Participant is Dismissed six months before or two years after a Change in Control, the Participant’s Severance Benefit will equal— (A) the Participant’s Applicable CIC Percentage, times (B) the Participant’s Covered Compensation.

Appears in 2 contracts

Sources: Executive Severance Plan (JLG Industries Inc), Executive Severance Plan (Oshkosh Corp)