Termination Event Definition Example with 5 Variations

This page contains an example definition of Termination Event, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Termination Event. Means any of the following events: (1) The Executive terminates employment for Good Reason within 24 months after a Change in Control; (2) The Company terminates the Executive's employment other than for Cause, Disability or death within 24 months after a Change in Control; (3) The Company terminates the Executive's employment ... before a Change in Control if: (A) The termination is not for Cause, Disability or death; and (B) The termination occurs either on or after: (i) The announcement by Bancorp, or any other Person, that a Change in Control is contemplated or intended; or (ii) The date a contemplated or intended Change in Control should have been announced under applicable securities or other laws; or (4) The date the Executive's continued employment begins under Section 3(b). View More Arrow

Variations

Termination Event. Means means any of the following events: (1) The Executive terminates employment for Good Reason within 24 36 months after a Change in Control; provided, however, that for purposes of Section 4(g)(2) of this Agreement (exception to the six-month delay in payment of the severance benefit), the Executive will be deemed to have terminated employment for Good Reason only if: (A) The termination occurs within 24 months after the occurrence of a Good Reason event; and (B) Before terminating... employment, the Executive provided the Company: (i) With reasonable notice of the occurrence of the Good Reason event; and (ii) A period of at least 30 days in which the Company could remedy the Good Reason event; (2) The Company terminates the Executive's employment other than for Cause, Disability or death within 24 36 months after a Change in Control; (3) The Company terminates the Executive's employment before a Change in Control if: (A) The termination is not for Cause, Disability or death; and (B) The termination occurs either on or after: (i) The announcement by Bancorp, or any other Person, that a Change in Control is contemplated or intended; or (ii) The date a contemplated or intended Change in Control should have been announced under applicable securities or other laws; or (4) The date the Executive's period of continued employment begins under Section 3(b). 3(b) ends. View More Arrow
Termination Event. Means means any of the following events: (1) The Executive terminates employment for Good Reason within 24 months after a Change in Control; provided, however, that for purposes of Section 4(g)(2) of this Agreement (exception to the six-month delay in payment of the severance benefit), the Executive will be deemed to have terminated employment for Good Reason only if: (A) The termination occurs within 24 months after the occurrence of a Good Reason event; and (B) Before terminating employment,... the Executive provided the Company: (i) With reasonable notice of the occurrence of the Good Reason event; and (ii) A period of at least 30 days in which the Company could remedy the Good Reason event; (2) The Company terminates the Executive's employment other than for Cause, Disability or death within 24 months after a Change in Control; (3) The Company terminates the Executive's employment before a Change in Control if: (A) The termination is not for Cause, Disability or death; and (B) The termination occurs either on or after: (i) (iii) The announcement by Bancorp, or any other Person, that a Change in Control is contemplated or intended; or (ii) (iv) The date a contemplated or intended Change in Control should have been announced under applicable securities or other laws; or (4) The date the Executive's period of continued employment begins under Section 3(b). 3(b) ends. View More Arrow
Termination Event. Means means any of the following events: (1) The Executive terminates employment for Good Reason within 24 months after a Change in Control; provided, however, that for purposes of Section 4(g)(2) of this Agreement (exception to the six-month delay in payment of the severance benefit), the Executive will be deemed to have terminated employment for Good Reason only if: (A) The termination occurs within 24 months after the occurrence of a Good Reason event; and (B) Before terminating employment,... the Executive provided the Company: (i) With reasonable notice of the occurrence of the Good Reason event; and (ii) A period of at least 30 days in which the Company could remedy the Good Reason event; (2) The Company terminates the Executive's employment other than for Cause, Disability or death within 24 months after a Change in Control; (3) The Company terminates the Executive's employment before a Change in Control if: (A) The termination is not for Cause, Disability or death; and (B) The termination occurs either on or after: (i) (v) The announcement by Bancorp, or any other Person, that a Change in Control is contemplated or intended; or (ii) (vi) The date a contemplated or intended Change in Control should have been announced under applicable securities or other laws; or (4) The date the Executive's period of continued employment begins under Section 3(b). 3(b) ends. View More Arrow
Termination Event. Means means any of the following events: (1) The Executive terminates employment for Good Reason within 24 months after a Change in Control; provided, however, that for purposes of Section 4(g)(2) of this Agreement (exception to the six-month delay in payment of the severance benefit), the Executive will be deemed to have terminated employment for Good Reason only if: (A) The termination occurs within 24 months after the occurrence of a Good Reason event; and (B) Before terminating employment,... the Executive provided the Company: (i) With reasonable notice of the occurrence of the Good Reason event; and (ii) A period of at least 30 days in which the Company could remedy the Good Reason event; (2) The Company terminates the Executive's employment other than for Cause, Disability or death within 24 months after a Change in Control; (3) The Company terminates the Executive's employment before a Change in Control if: (A) The termination is not for Cause, Disability or death; and (B) The termination occurs either on or after: (i) (vii) The announcement by Bancorp, or any other Person, that a Change in Control is contemplated or intended; or (ii) (viii) The date a contemplated or intended Change in Control should have been announced under applicable securities or other laws; or (4) The date the Executive's period of continued employment begins under Section 3(b). 3(b) ends. View More Arrow
Termination Event. Means means any of the following events: (1) The Executive terminates employment for Good Reason within 24 months after a Change in Control; provided, however, that for purposes of Section 4(g)(2) of this Agreement (exception to the six-month delay in payment of the severance benefit), the Executive will be deemed to have terminated employment for Good Reason only if: (A) The termination occurs within 24 months after the occurrence of a Good Reason event; and (B) Before terminating employment,... the Executive provided the Company: (i) With reasonable notice of the occurrence of the Good Reason event; and (ii) A period of at least 30 days in which the Company could remedy the Good Reason event; (2) The Company terminates the Executive's employment other than for Cause, Disability or death within 24 months after a Change in Control; (3) The Company terminates the Executive's employment before a Change in Control if: (A) The termination is not for Cause, Disability or death; and (B) The termination occurs either on or after: (i) (ix) The announcement by Bancorp, or any other Person, that a Change in Control is contemplated or intended; or (ii) (x) The date a contemplated or intended Change in Control should have been announced under applicable securities or other laws; or (4) The date the Executive's period of continued employment begins under Section 3(b). 3(b) ends. View More Arrow
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