Common use of Right Upon Termination Clause in Contracts

Right Upon Termination. The Consultant shall be entitled to a payment from the Company in the amount calculated in accordance with §2.1(a) hereof if his employment with the Company is terminated by the Company within 12 months after a Change of Control.

Appears in 1 contract

Sources: Change of Control Agreement (Park Place Energy Corp.)

Right Upon Termination. The Consultant shall be entitled to a payment from the Company in the amount calculated in accordance with §2.1(ass.2.1(a) hereof if his employment with the Company is terminated by the Company within 12 months after a Change of Control.

Appears in 1 contract

Sources: Change of Control Agreement (Patch International Inc/Cn)