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 Parent.
Appears in 4 contracts
Samples: Employee Matters Agreement (Cognyte Software Ltd.), Employee Matters Agreement (Cognyte Software Ltd.), Employee Matters Agreement (Maxeon Solar Technologies, Ltd.)
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 ParentBaxter.
Appears in 3 contracts
Samples: Employee Matters Agreement (Baxter International Inc), Employee Matters Agreement (Baxalta Inc), Employee Matters Agreement (Baxalta 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, or otherwise in connection with the Distribution, will shall not be taken or occur, except to the extent specifically provided by Parent, and any actions already taken shall be revoked and unwound.
Appears in 3 contracts
Samples: Employee Matters Agreement (ZimVie Inc.), Employee Matters Agreement (Zimmer Biomet Holdings, Inc.), Employee Matters Agreement (ZimVie 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, or otherwise in connection with the Distribution, will shall not be taken or occur, except to the extent specifically provided by ParentManitowoc ParentCo.
Appears in 3 contracts
Samples: Employee Matters Agreement (Manitowoc Co Inc), Employee Matters Agreement (Manitowoc Foodservice, Inc.), Employee Matters Agreement (Manitowoc Foodservice, 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, or otherwise in connection with the Distribution, will shall not be taken or occur, except to the extent specifically provided by ParentEmergent.
Appears in 2 contracts
Samples: Employee Matters Agreement (Aptevo Therapeutics Inc.), Employee Matters Agreement (Aptevo Therapeutics Inc.)