CIC Qualifying Termination

Example Definitions of "CIC Qualifying Termination"
CIC Qualifying Termination. Means a Separation within twelve (12) months following a Change in Control or within three (3) months preceding a Change in Control (if after a Potential Change in Control) resulting from (A) the Company or its successor terminating the Executive's employment for any reason other than Cause or (B) the Executive voluntarily resigning his or her employment for Good Reason. A termination or resignation due to the Executive's death or Disability shall not constitute a CIC Qualifying Termination. A... "Potential Change in Control" means the date of execution of a definitive agreement whereby the Company will consummate a Change in Control if such transaction is consummated. In the case of a termination following a Potential Change in Control and before a Change in Control, solely for purposes of benefits under this Agreement, the date of Separation will be deemed to be the date the Change in Control is consummated. View More
Found in Loxo Oncology, Inc. contract
View All 4 Variations
CIC Qualifying Termination. Means a A Separation (A) within twelve (12) months following a Change in Control or (B) within three (3) months preceding a Change in Control (if (but as to part (B), only if the Separation occurs after a Potential Change in Control) resulting resulting, in either case (A) or (B), from (A) (i) the Company or its successor terminating the Executive's employment for any reason other than Cause or (B) (ii) the Executive voluntarily resigning his or her employment for Good Reason. A termination or... resignation due to the Executive's death or Disability disability shall not constitute a CIC Qualifying Termination. A "Potential Change in Control" means the date of execution of a legally binding and definitive agreement whereby for a corporate transaction which, if consummated, would constitute the Company will consummate a applicable Change in Control if such transaction is consummated. (which for the avoidance of doubt, would include, for example, a merger agreement, but not a term sheet for a merger agreement). In the case of a termination following a Potential Change in Control and before a Change in Control, solely for purposes of benefits under this Agreement, the date of Separation will be deemed to be the date the Change in Control is consummated. View More
Found in Bill.com Holdings, Inc. contract
CIC Qualifying Termination. Means a Separation within twelve (12) A Separation, during the period beginning three (3) months following prior to a Change in Control or within three (3) months preceding or, if earlier, upon the execution of a definitive agreement to effect a Change in Control (if after Control, and ending eighteen (18) months following the consummation of a Potential Change in Control) Control, resulting from (A) (i) the Company or its successor terminating the Executive's employment for any reason other... than Cause or (B) (ii) the Executive voluntarily resigning his or her employment for Good Reason. A termination or resignation due to the Executive's death or Disability disability shall not constitute a CIC Qualifying Termination. A "Potential Change in Control" means the date of execution of a definitive agreement whereby the Company will consummate a Change in Control if such transaction is consummated. In the case of a termination following a Potential Change in Control and before CIC Qualifying Termination prior to a Change in Control, then solely for purposes of benefits under this Agreement, Agreement the date of Separation will be deemed to be the date the Change in Control is consummated. consummated View More
Found in PROOFPOINT INC contract
CIC Qualifying Termination. Means a A Separation (A) within twelve (12) months following a Change in Control or (B) within three (3) months preceding a Change in Control (if (but as to part (B), only if the Separation occurs after a Potential Change in Control) resulting resulting, in either case (A) or (B), from (A) (i) the Company or its successor terminating the Executive's employment for any reason other than Cause or (B) (ii) the Executive voluntarily resigning his or her employment for Good Reason. A termination or... resignation due to the Executive's death or Disability disability shall not constitute a CIC Qualifying Termination. A "Potential Change in Control" means the date of execution of a legally binding and definitive agreement whereby for a corporate transaction which, if consummated, would constitute the Company will consummate a applicable Change in Control if such transaction is consummated. (which for the avoidance of doubt, would include, for example, a merger agreement, but not a term sheet for a merger agreement). In the case of a termination following a Potential Change in Control and before a Change in Control, solely for purposes of benefits under this Agreement, the date of Separation will be deemed to be the date the Change in Control is consummated. View More
Found in Upwork Inc. contract
View Variations (4)
CIC Qualifying Termination. A Separation (i) within twelve (12) months following a Change in Control or (ii) within three (3) months preceding a Change in Control, but as to part (ii) only if the Separation occurs following a Potential Change in Control, in each case, resulting from (X) Redfin terminating Executive's employment for any reason other than Cause or (Y) Executive voluntarily resigning his or her employment for Good Reason. "Potential Change in Control" means the date of execution of a definitive agreement for... a corporate transaction which, if consummated, would constitute the applicable Change in Control. A termination or resignation due to Executive's death or disability shall not constitute a CIC Qualifying Termination. View More
Found in Redfin Corp contract
CIC Qualifying Termination. Within twenty-four (24) months following a Change in Control, (a) the Participant's employment is involuntarily terminated by the Company and its Subsidiaries without Cause, or (b) the Participant terminates employment from the Company and its Subsidiaries for Good Reason. The twenty-four month period will be extended by one (1) additional month if the thirty-day cure period in Section 2.19 is triggered in the twenty-third or twenty-fourth month following a Change in Control. It is intended... that any Qualifying Termination shall be an "involuntary Separation from Service," as defined in Treasury Regulation section 1.409A-1(n) View More
Found in FIRST HAWAIIAN, INC. contract
CIC Qualifying Termination. A termination of the Participant's employment with the Company by the Company without Cause (other than by reason of death or Disability) or by the Participant for Good Reason, in each case, during the CIC Protection Period.
Found in Rain Therapeutics Inc. contract
CIC Qualifying Termination. A termination of the Executive's employment (1) by the Company without Cause during the CIC Period, or (2) by the Executive for Good Reason during the CIC Period
Found in Sprinklr, Inc. contract
CIC Qualifying Termination. A Separation in connection with the consummation of a Change in Control, including at the request of the prospective acquirer whose proposed acquisition would constitute a Change in Control upon its completion, or within three (3) months prior to or within twelve (12) months following the consummation of a Change in Control, resulting from (A) the Company or its successor terminating the Executive's employment for any reason other than Cause or (B) the Executive voluntarily resigning his or her... employment for Good Reason. A termination or resignation due to the Executive's death or disability shall not constitute a CIC Qualifying Termination. View More
Found in Bloom Energy Corp contract
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