Common use of TERMINATION OF EMPLOYMENT AFTER A CHANGE OF CONTROL Clause in Contracts

TERMINATION OF EMPLOYMENT AFTER A CHANGE OF CONTROL. After a Change of Control and during the Employment Term, the Executive's status as an officer and employee shall terminate or may be terminated by the Executive or the Post-Transaction Corporation as provided in Article III of the Employment Agreement (provided, however, that the provisions regarding "Good Reason" shall supersede the comparable provisions in the Employment Agreement).

Appears in 2 contracts

Sources: Change of Control Agreement (Freeport McMoran Copper & Gold Inc), Change of Control Agreement (Freeport McMoran Copper & Gold Inc)

TERMINATION OF EMPLOYMENT AFTER A CHANGE OF CONTROL. After a Change of Control and during the Employment Term, the Executive's ’s status as an officer and employee shall terminate or may be terminated by the Executive or the Post-Transaction Corporation as provided in Article III of the Employment Agreement (provided, however, that the provisions regarding "Good Reason" ” herein shall supersede the comparable provisions in the Employment Agreement).

Appears in 1 contract

Sources: Change of Control Agreement (Freeport McMoran Copper & Gold Inc)