Disposition of a Business Unit. There is consummated the Disposition of a Business Unit; provided, however, that this clause (5) shall apply only to a Grantee who (A) immediately prior to the Disposition of a Business Unit were employed by (and on the payroll of) the Business Unit that was the subject of the Disposition of a Business Unit.
Appears in 4 contracts
Samples: Management Retention Unit Agreement (Building Materials Holding Corp), Management Retention Unit Agreement (Building Materials Holding Corp), Management Retention Unit Agreement (Building Materials Holding Corp)