Example ContractsClausesDuring a Change in Control Period
During a Change in Control Period
During a Change in Control Period contract clause examples

Change in Control During Severance Period. In the event [[ViewRay:Organization]] closes a Change in Control transaction while Executive remains employed during the Severance Period, Executive shall have the option to either # remain subject to the terms and conditions of the Impacted Teammate Program under this Agreement or # revert to and become subject to the Change in Control termination and severance provisions as set forth in Executive's Original Agreement.

Termination During Change in Control Period. Notwithstanding any other provision contained herein, if the Executive's employment hereunder is terminated by the Executive for Good Reason or by the Company without Cause (other than on account of the Executive's death or Disability), in each case during the period that begins six (6) months before a Change in Control, defined below, and ends twelve (12) months following such Change in Control (the “Change in Control Period”), the Executive shall be entitled to receive the Accrued Benefits and, subject [[Organization A:Organization]] Executive's execution of the Release which becomes effective within thirty (30) days following the Termination Date, in lieu of the benefits under Section 4.4 hereunder, the Executive shall be entitled to receive the following:

During a Change in Control Period. If the Participant is subject to a Qualifying Termination during a Change in Control Period, the Participant shall be entitled to the following:

During a Change in Control Period. If your termination occurs during a Change in Control Period, you will be entitled to the severance pay commensurate with your title as of your termination date and prior to any reduction that constitutes Construction Termination, as is set forth in Appendix B.

During a Change in Control Period. If your termination occurs during a Change in Control Period and you are a participant in the Bonus Plan on your termination date and prior to any reduction that constitutes a Constructive Termination, you will be entitled to the prorated portion of any Bonus Plan payment that would have been earned at the target amount (based on the payout percentage as in effect on your termination date commensurate with your title and prior to any reduction that constitutes Constructive Termination) for the fiscal year in which your termination of employment occurs. For the sake of clarity, the Bonus Plan payment will be prorated based on the number of days you were employed by the Employer from the beginning to the end of the applicable performance period, as established in accordance with the terms of the Bonus Plan.

Termination During Change in Control Period. You entered into a Change in Control Agreement with the Company as of ​ (the “CIC Severance Agreement”). In the event of a termination of your employment with the Company during the Change in Control Period (as defined in the CIC Severance Agreement), then you shall be entitled to severance benefits under the CIC Severance Agreement in accordance with its terms and conditions, and you shall have no rights or entitlements under Section 1 of this letter agreement, including, without limitation, the Severance Payments, COBRA Payments, and Equity Vesting. With respect to the application and effectiveness of the CIC Severance Agreement, that agreement is intended to apply solely if a Change in Control thereunder is a change in control event as defined under the Treasury Regulations under Code [Section 409A].

Involuntary Termination During Change of Control Period. If Employee incurs an Involuntary Termination during the Performance Period and within a Change of Control Period, Employee shall be deemed to have Earned Performance Units, as of the date of such Involuntary Termination, equal to the greater of # the aggregate number of Performance Units awarded in respect of the Performance Period as stated in Section 1 hereof (as such number may be adjusted in accordance with Section 10 hereof) and # the number of Performance Units that Employee would have earned for the Performance Period in accordance with Section 4 hereof assuming that # the Performance Period ended on the date of such Involuntary Termination and # the determination of whether, and to what extent, the Performance Objective with respect to the Performance Period is achieved, is based on actual performance against the stated performance criteria through the date of such Involuntary Termination. Such Earned Performance Units shall be settled as soon as practicable following the date of Employee’s termination of employment, but not later than thirty (30) days following the date such termination of employment occurs.

Change of Control Period. For purposes of this Agreement, “Change of Control Period” means the period that begins three (3) months prior to a Change of Control and ends twelve (12) months following a Change of Control.

Severance Payments and Benefits During a Change in Control Period. Subject to [Section 3.6], upon the Executive’s Severance that occurs during a Change in Control Period, then, in lieu of the severance payments and benefits set forth in Section 3.3 above and in addition to the payments and benefits set forth in Section 3.2 above, the Company shall provide Executive with the following:

Covered Termination Other Than During a Change in Control Period. If Executive experiences a Covered Termination other than during a Change in Control Period, and if Executive delivers to the Company a general release of all claims against the Company and its affiliates (aRelease of Claims”) that becomes effective and irrevocable within sixty (60) days, or such shorter period of time specified by the Company, following such Covered Termination, then in addition to any accrued but unpaid salary, bonus, benefits, vacation and expense reimbursement payable in accordance with applicable law, the Company shall provide Executive with the following:

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