Termination in Connection With a Change of Control definition

Termination in Connection With a Change of Control means, at any time during the Protection Period:
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Termination in Connection With a Change of Control means, at any time during the Protection Period: [a] The Change Entity involuntarily terminates the Executive without Cause (as defined in Section 5.06). [b] The Executive terminates following the occurrence of any of the following conditions; [i] The Change Entity breaches any provision of this Agreement;
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Examples of Termination in Connection With a Change of Control in a sentence

  • This amount will be paid in a single lump sum on the Change Entity’s next regularly scheduled payroll date for senior executive officers of the Company following the date of the Executive’s Termination in Connection With a Change of Control.

  • This amount will be paid in a lump sum cash payment on the Change Entity’s first regular payroll date for senior executive officers of the Company following the effective date of the Executive’s Termination in Connection With a Change of Control.

  • This amount will be paid in a single lump sum on the Change Entity's next regularly scheduled payroll date for senior executive officers of the Company following the date of the Executive's Termination in Connection With a Change of Control.

  • This amount will be paid in a lump sum cash payment on the Change Entity's first regular payroll date for senior executive officers of the Company following the effective date of the Executive's Termination in Connection With a Change of Control.

  • This amount will be paid in a single lump sum on the Change Entity’s next regularly scheduled payroll date for executives of similar title and position following the date of the Executive’s Termination in Connection With a Change of Control.

  • This amount will be paid in a lump sum cash payment on the Change Entity’s first regular payroll date for employees with a similar title or position following the effective date of the Executive’s Termination in Connection With a Change of Control.

  • This amount will be paid in a lump sum cash payment on the Change Entity’s first regular payroll date for senior executives officers of the Company following the effective date of the Executive’s Termination in Connection With a Change of Control.

  • This amount will be paid in a lump sum cash payment on the Change Entity’s first regular payroll date senior executive officers of the Company following the effective date of the Executive’s Termination in Connection With a Change of Control.

Related to Termination in Connection With a Change of Control

  • Termination Upon Change of Control shall not include any termination of the employment of the Executive (a) by the Company for Cause; (b) as a result of the Permanent Disability of the Executive; (c) as a result of the death of the Executive; or (d) as a result of the voluntary termination of employment by the Executive for reasons other than Good Reason.

  • 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).

  • Permitted Change of Control means any Change of Control that does not constitute a Change of Control Triggering Event.

  • Change of Control Transaction means the occurrence after the date hereof of any of (a) an acquisition after the date hereof by an individual or legal entity or “group” (as described in Rule 13d-5(b)(1) promulgated under the Exchange Act) of effective control (whether through legal or beneficial ownership of capital stock of the Company, by contract or otherwise) of in excess of 33% of the voting securities of the Company (other than by means of conversion or exercise of the Debentures and the Securities issued together with the Debentures), (b) the Company merges into or consolidates with any other Person, or any Person merges into or consolidates with the Company and, after giving effect to such transaction, the stockholders of the Company immediately prior to such transaction own less than 66% of the aggregate voting power of the Company or the successor entity of such transaction, (c) the Company sells or transfers all or substantially all of its assets to another Person and the stockholders of the Company immediately prior to such transaction own less than 66% of the aggregate voting power of the acquiring entity immediately after the transaction, (d) a replacement at one time or within a three year period of more than one-half of the members of the Board of Directors which is not approved by a majority of those individuals who are members of the Board of Directors on the Original Issue Date (or by those individuals who are serving as members of the Board of Directors on any date whose nomination to the Board of Directors was approved by a majority of the members of the Board of Directors who are members on the date hereof), or (e) the execution by the Company of an agreement to which the Company is a party or by which it is bound, providing for any of the events set forth in clauses (a) through (d) above.

  • Parent Change of Control means the occurrence of any of the following: