Termination of Appointment following change of control. 11.1 This clause applies if any person (together with any other person or persons acting in concert with him) obtains control (within the meaning of section 840 of the Income and Corporation Taxes Act 1988) of the Company otherwise than for the purposes of a reorganisation or reconstruction in which: (i) the ultimate ownership of the Company or substantially all of its assets is unaffected; or (ii) a new holding company for the Company is created where the new holding company has substantially the same shareholder and proportionate shareholdings as those of the Company immediately prior to the interposition of the new holding company. 11.2 The Director may terminate this Appointment by giving the Company one month's notice in writing, such notice to be given within six months after the date on which the Change of Control happens.
Appears in 3 contracts
Sources: Director Service Agreement, Appointment Agreement, Appointment Agreement