Dover Affiliates. If a Dover Affiliate ceases to be a member of the Dover Group as a result of a sale or exchange of all of the stock of such member, other than an exchange for which the consideration received by Dover is the stock of Dover or a Dover Affiliate, the departing Dover Affiliate shall be released from its obligations under this Agreement upon its departure from the Dover Group.
Appears in 6 contracts
Samples: Tax Matters Agreement (DOVER Corp), Tax Matters Agreement (Apergy Corp), Tax Matters Agreement (Apergy Corp)
Dover Affiliates. If a Dover Affiliate ceases to be a member of the Dover Group as a result of a bona fide sale or exchange of all of the stock of such member, other than an exchange for which the consideration received by Dover is the stock of Dover or a Dover Affiliate, the departing Dover Affiliate shall be released from its obligations under this Agreement upon its departure from the Dover Group.
Appears in 1 contract
Samples: Tax Matters Agreement (Knowles Corp)