Termination in Anticipation of a Change in Control definition

Termination in Anticipation of a Change in Control means (i) delivery by the Company of notice of its intent not to renew the Term pursuant to Section 1, or (ii) termination of the Executive’s employment by the Company without Cause or by the Executive for Good Reason, in either the case of (i) or (ii) within the ninety (90) day period prior to the consummation of a Change in Control.
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Termination in Anticipation of a Change in Control means that a Change in Control occurs and, within the six month period prior to the date on which such Change in Control occurs, a Without Cause Termination or a Good Reason Termination occurs.
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Termination in Anticipation of a Change in Control means either of the following events if they occur after the Effective Date and within a three-month period ending on the date of a Change in Control: (a) the Executive’s Involuntary Separation from Service without Cause, or (b) the Executive’s resignation for Good Reason. An Involuntary Separation from Service without Cause that subsequently becomes a Termination in Anticipation of a Change in Control shall not entitle Executive to any payments and benefits under this Agreement that exceed those he would have received if the Change in Control had occurred on the day before his Involuntary Separation from Service without Cause.
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Examples of Termination in Anticipation of a Change in Control in a sentence

  • Following a Change in Control or a Termination in Anticipation of a Change in Control.

  • In the event of a Qualified Termination in Anticipation of a Change in Control, the Company will pay to Executive an amount equal to the difference between the strike price for Executive’s unvested options that were forfeited to the Company at the time Executive’s employment terminated and the price determined for the Company’s stock on the date of the actual Change in Control.

  • If Grantee dies after a Qualifying Termination in Anticipation of a Change in Control but prior to the time the Committee makes an award determination pursuant to Section 5.2 or a Change-in-Control-determined Award Date, Grantee will be eligible for Committee consideration of an award of the greater of the award Grantee could have received had he died while an employee of the Corporation or an award determined as set forth in Section 5.1(e).

  • If Gr▇▇▇▇▇’s termination of employment satisfies the conditions set forth in Section 14.41 such that it is a Qualifying Termination in Anticipation of a Change in Control, then the Grant will remain outstanding notwithstanding Grantee’s termination of employment with the Corporation and the Grant will not be subject to termination for Detrimental Conduct.

  • If Grantee dies after a Qualifying Termination in Anticipation of a Change in Control but prior to the time the Committee makes an award determination pursuant to Section 5.2 or a Change-in-Control-determined Award Date, Grantee will be eligible for Committee consideration of an award of up to the greater of the award Grantee could have received had he died while an employee of the Corporation or an award determined as set forth above in this Section 5.1(e).

  • If Grantee dies after a Qualifying Termination in Anticipation of a Change in Control but prior to the time the Committee makes an award determination pursuant to Section 5.2 or a Change-in-Control-determined Award Date, Grantee will be eligible for Committee consideration of an award of up to the greater of the award Grantee could have received had he or she died while an employee of the Corporation or an award determined as set forth above in this Section 5.1(e).

  • If Grantee dies after a Qualifying Termination in Anticipation of a Change in Control but prior to the time the Committee makes an award determination pursuant to Section 5.2 or a Change-in-Control-determined Award Date, Grantee will be eligible for Committee consideration of an award of the greater of the award Grantee could have received had he or she died while an employee of the Corporation or an award determined as set forth in Section 5.1(e).

  • If the Executive becomes entitled to the Termination Benefits (as defined in Section 7.2) in connection with a termination of his employment during a Change in Control Period or a Termination in Anticipation of a Change in Control, or the Executive’s employment with the Company is terminated for any reason after December 31, 2008, then, in any such case, these noncompetition obligations shall immediately cease to apply.

  • In the event that Participant’s Service terminates due to Involuntary Termination in Anticipation of a Change in Control, the number of Earned Units shall be determined in the manner specified by Section 6.3 as of the day immediately preceding the Change in Control, with respect to an Adjusted Performance Period ending on such day.

  • If ▇▇▇▇▇▇▇’s termination of employment satisfies the conditions set forth in Section 15.46 such that it is a Qualifying Termination in Anticipation of a Change in Control, then the Grant will remain outstanding notwithstanding Grantee’s termination of employment with the Corporation and the Grant will not be subject to termination for Detrimental Conduct.

Related to Termination in Anticipation of a Change in Control

  • Termination Upon a Change in Control means a termination of Officer’s employment with Corporation within 12 months following a “Change in Control” that constitutes a Termination Other Than For Cause described in Section 2.1(b).

  • Termination After Change in Control means either of the following events occurring within twelve (12) months after a Change in Control:

  • Change in Control means the occurrence of any of the following events:

  • 409A Change in Control means a "Change in Control" which also constitutes a change in ownership or effective control of the Company or a change in the ownership of a substantial portion of the assets of the Company, all within the meaning of § 409A.

  • Change in Control Transaction means the occurrence of any of the following events: