Triggering Event

Triggering Event. In the case of a Change of Control Termination Payment, the Change of Control Closing or the date of termination, whichever is later. In the case of a Severance Payment, the date of termination. In the case of Change of Control Retention Payment, the 12 month anniversary of the Change of Control Closing.

Triggering Event. (A) an Event of Default has occurred as of such date, or (B) Availability is less than 12% of the Maximum Revolver Amount for three (3) consecutive Business Days immediately preceding such date.

Triggering Event. Shall have the meaning ascribed thereto in Exhibit A to Schedule A hereto

Triggering Event. Means the first occurrence after the date of this Agreement of a Change in Control or a Qualified Event.

Triggering Event. An Involuntary Termination or a Constructive Termination that occurs in the two-year period that begins on the date of the consummation of a Change of Control.

Triggering Event. Shall have the meaning provided in the Articles Supplementary

Triggering Event. A "Triggering Event" for the purpose of this Agreement will be deemed to have occurred if, while Executive is employed by the Company and within two years after the date on which a Change in Control occurs, (a) the Company terminates the employment of Executive, other than in the case of a termination for Cause, a termination by the Company following Executive's disability, or a termination based on death or (b) Executive terminates his employment with the Company by means of a Constructive... Termination. For purposes of this Agreement, Executive's employment shall be deemed to have terminated within two years after the date of a Change in Control where Executive's employment is terminated by the Company without Cause prior to a Change in Control at the direction or request of any person or group contemplating a Change in Control, and a Change in Control involving such person or group occurs within twelve (12) months following such direction or request (an "Anticipatory Termination"), and in such case, the Termination Date shall be deemed to be the date of the Change in Control, except that the amount of any benefits and compensation to which Executive is entitled pursuant to Section 2 shall be determined as of the actual date of the termination of Executive's employment with the Company. View More

Triggering Event. For each Participant the earliest to occur of (i) the consummation of a Change in Control, (ii) March 8, 2017 and (iii) the date of such Participant's Covered Termination; provided, however, that if the Triggering Event is as a result of subsection (i), each Participant shall only be eligible to receive a Retention Bonus if such Participant does not accept an offer of Comparable Employment with the acquirer and/or the surviving corporation following the Change in Control (provided that... Participant does not have to actually terminate service prior to the consummation of the Change in Control in order to receive a Retention Bonus). View More

Triggering Event. A 'Triggering Event' for the purpose of this Agreement will be deemed to have occurred if, during the Contract Period while Executive is employed by DDR: (a) Within two years after the date on which a Change in Control occurs, DDR terminates the employment of Executive, other than in the case of a termination for Cause, a termination by DDR pursuant to Section 6.1 following Executive's disability, or a termination based on death; (b) Within two years after the date on which a Change in Control... occurs, DDR reduces Executive's title, responsibilities, power or authority in comparison with Executive's title, responsibilities, power or authority at the time of the Change in Control and Executive thereafter terminates Executive's employment with DDR within such two-year period; (c) Within two years after the date on which a Change in Control occurs, DDR assigns Executive duties which are inconsistent with the duties assigned to Executive on the date on which the Change in Control occurred and which duties DDR persists in assigning to Executive despite the prior written objection of Executive and Executive thereafter terminates Executive's employment with DDR within such two-year period; (d) Within two years after the date on which a Change in Control occurs, DDR (i) reduces Executive's base compensation, Executive's incentive opportunity bonus percentages of salary, Executive's health and dental insurance coverage and benefits (including any such benefits provided to Executive's eligible dependents), Executive's pension, retirement, or profit-sharing benefits or any benefits provided by any of DDR's equity-based award plans, or any substitute therefor, unless in any case such reduction applies generally to all employees of DDR, (ii) establishes criteria and factors to be achieved for the payment of bonus compensation that are substantially different than the criteria and factors established for other similar executive officers of DDR, (iii) fails to pay Executive any bonus compensation to which Executive is entitled through the achievement of the criteria and factors established for the payment of such bonus, or (iv) excludes Executive from any plan, program, or arrangement in which the other executive officers of DDR are included, and Executive thereafter terminates Executive's employment with DDR within such two-year period; or (e) Within two years after the date on which a Change in Control occurs, DDR requires Executive to be based at or generally work from any location more than fifty miles from the geographical center of Cleveland, Ohio and Executive thereafter terminates Executive's employment with DDR within such two-year period. View More

Triggering Event. Either, (a) the First Price Triggering Event, (b) the Second Price Triggering Event or (c) the Third Price Triggering Event.