Example ContractsClausesControl Event
Control Event
Control Event contract clause examples

Control Event Defined. “Control Event” means the execution of any definitive written agreement which, when fully performed by the parties thereto, would result in a Change in Control.

Change in Control Event. If the Employer designates in the Adoption Agreement that distributions are permitted under the Plan upon the occurrence of a Change in Control Event, the Participant may designate in the Participation Agreement to have the vested balance in the Deferred Compensation Account paid to the Participant upon a Change in Control Event by the Employer as provided in [Section 7].

Change in Control Event. Notwithstanding the provisions of [Section 10(b)(2)(i)], except to the extent specifically provided to the contrary in the instrument evidencing the Award or any other agreement between the Participant and the Company, each Award shall become immediately vested, exercisable, or free from forfeiture, as applicable, if on or prior to the first anniversary of the date of the consummation of a Change in Control Event, the Participant’s service with the Company or a successor corporation is terminated without Cause by the Company or the successor corporation or is terminated for Good Reason by the Participant.

Change in Control Event. In the event of a Change in Control of the Company, the Plan may be terminated and liquidated pursuant to irrevocable action taken during the period commencing 30 days before and ending 12 months after the Change in Control, but only if: # all arrangements sponsored by the Company that would be aggregated with the Plan pursuant to Treasury Regulation 1.409A-1(c) are terminated and liquidated with respect to every participant who experienced such Change in Control; and # all amounts payable under such plan(s) for such participants are paid within 12 months after the irrevocable action is taken.

Change in Control Event. In the event of a Change in Control of the Company, the Plan may be terminated and liquidated pursuant to irrevocable action taken during the period commencing 30 days before and ending 12 months after the Change in Control, but only if: # all arrangements sponsored by the Company that would be aggregated with the Plan pursuant to Treasury Regulation 1.409A-1(c) are terminated and liquidated with respect to every participant who experienced such Change in Control; and # all amounts payable under such plan(s) for such participants are paid within 12 months after the irrevocable action is taken.

Notice of Change in Control or Control Event. The Company will, within five Business Days after any Senior Financial Officer has knowledge of the occurrence of any Change in Control or Control Event, give written notice of such Change in Control or Control Event to each holder of Notes unless notice in respect of such Change in Control (or the Change in Control contemplated by such Control Event) shall have been given pursuant to subparagraph # of this [Section 8.7]. If a Change in Control has occurred, such notice shall contain and constitute an offer to prepay Notes as described in subparagraph # of this [Section 8.7] and shall be accompanied by the certificate described in subparagraph # of this [Section 8.7].

Notice of Change in Control or Control Event. The Company will, within five Business Days after any Senior Financial Officer has knowledge of the occurrence of any Change in Control or Control Event, give written notice of such Change in Control or Control Event to each holder of Notes unless notice in respect of such Change in Control (or the Change in Control contemplated by such Control Event) shall have been given pursuant to subparagraph # of this [Section 8.7]. If a Change in Control has occurred, such notice shall contain and constitute an offer to prepay Notes as described in subparagraph # of this [Section 8.7] and shall be accompanied by the certificate described in subparagraph # of this [Section 8.7].

Notice of Change of Control or Control Event. The Company will, within five Business Days after any Responsible Officer has knowledge of the occurrence of any Change of Control or Control Event, give written notice of such Change of Control or Control Event to each holder of Notes unless notice in respect of such Change of Control (or the Change of Control contemplated by such Control Event) shall have been given pursuant to subparagraph # of this [Section 8.7]. If a Change of Control has occurred, such notice shall contain and constitute an offer to prepay Notes as described in subparagraph # of this [Section 8.7] and shall be accompanied by the certificate described in subparagraph # of this [Section 8.7].

Notice of Change in Control or Control Event. The Company will, within five Business Days after any Senior Financial Officer has knowledge of the occurrence of any Change in Control or Control Event, give written notice of such Change in Control or Control Event to each holder of Notes unless notice in respect of such Change in Control (or the Change in Control contemplated by such Control Event) shall have been given pursuant to subparagraph # of this [Section 8.7]. If a Change in Control has occurred, such notice shall contain and constitute an offer to prepay Notes as described in subparagraph # of this [Section 8.7] and shall be accompanied by the certificate described in subparagraph # of this [Section 8.7].

Notice of Change in Control or Control Event. The Company will, within five Business Days after any Senior Financial Officer has knowledge of the occurrence of any Change in Control or Control Event, give written notice of such Change in Control or Control Event to each holder of Notes unless notice in respect of such Change in Control (or the Change in Control contemplated by such Control Event) shall have been given pursuant to subparagraph # of this [Section 8.7]. If a Change in Control has occurred, such notice shall contain and constitute an offer to prepay Notes as described in subparagraph # of this [Section 8.7] and shall be accompanied by the certificate described in subparagraph # of this [Section 8.7].

Next results

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.