Common use of Effect if Distribution Does Not Occur Clause in Contracts

Effect if Distribution Does Not Occur. If the Distribution does not occur, then all actions and events that are to be taken under this Agreement, or otherwise in connection with the Distribution, will not be taken or occur, except to the extent specifically provided by YUM.

Appears in 3 contracts

Samples: Employee Matters Agreement (Yum China Holdings, Inc.), Employee Matters Agreement (Yum China Holdings, Inc.), Employee Matters Agreement (Yum China Holdings, Inc.)

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Effect if Distribution Does Not Occur. If the Distribution does not occur, then all actions and events that are to be taken under this Agreement, Agreement as of the Distribution Date or otherwise in connection with the Distribution, will shall not be taken or occur, occur except to the extent specifically provided by YUMAbbott.

Appears in 1 contract

Samples: Employee Benefits Agreement (Hospira Inc)

Effect if Distribution Does Not Occur. If the Distribution does not occur, then all actions and events that are to be taken under this Agreement, Agreement as of the Distribution Date or otherwise in connection with the Distribution, will shall not be taken or occur, occur except to the extent specifically provided by YUMXxxxxx.

Appears in 1 contract

Samples: Employee Benefits Agreement (Hospira Inc)

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Effect if Distribution Does Not Occur. If the Distribution does not occur, then all actions and events that are to be taken under this Agreement, or otherwise in connection with the Distribution, will shall not be taken or occur, except to the extent specifically provided by YUMAbbott.

Appears in 1 contract

Samples: Employee Matters Agreement (AbbVie Inc.)

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