TERMINATION OF EMPLOYMENT AFTER A CHANGE IN CONTROL. Subject to satisfaction of Section 4(d), if a Change in Control occurs and the Executive's employment is terminated by the Company for any reason other than the Executive's death, the Executive's Disability or Cause, or is terminated by the Executive for Good Reason, in any such case within the six (6) months immediately preceding or the twelve (12) months immediately following such Change in Control, then the Executive shall be entitled to receive a payment equal to one and one-half times (1.5x) his then current Base Salary (or, if applicable, the Base Salary in effect on the date of the Executive's prior Separation from Service), reduced by the Standard Severance Benefits, if any, to which Executive was entitled under Section 4(a) (the "
Appears in 3 contracts
Sources: Employment Agreement (Actuate Therapeutics, Inc.), Employment Agreement (Actuate Therapeutics, Inc.), Employment Agreement (Actuate Therapeutics, Inc.)