Discontinuance of Business. In the event that Colmena discontinues operating its business, this Agreement shall terminate as of the last day of the month on which it ceases operation with the same force and effect as if such last day of the month were originally set as the termination date hereof; provided, however, that a reorganization of Colmena shall not be deemed a termination of its business.
Appears in 4 contracts
Samples: Employment Agreement (Colmena Corp), Employment Agreement (Colmena Corp), Corporate Secretary Agreement (Colmena Corp)
Discontinuance of Business. In the event that Colmena discontinues operating its businessbusiness or experiences a change in control, this Agreement shall terminate as of the last day of the month on which it ceases operation or such control changes with the same force and effect as if such last day of the month were originally set as the termination date hereof; provided, however, that a reorganization of Colmena shall not be deemed a termination of its business.
Appears in 1 contract
Samples: Engagement Agreement (Colmena Corp)
