Common use of Effect If Effective Time Does Not Occur Clause in Contracts

Effect If Effective Time Does Not Occur. If the Master Separation Agreement is terminated prior to the IPO Effective Time or Distribution Effective Time, then this Agreement shall terminate and all actions and events that are, under this Agreement, to be taken or occur effective immediately prior to or as of the IPO Effective Time or Distribution Effective Time, as applicable, or otherwise in connection with the Separation, shall not be taken or occur except to the extent specifically agreed by Parent and Xxxx.

Appears in 4 contracts

Samples: Employee Matters Agreement (Netgear, Inc), Employee Matters Agreement (Arlo Technologies, Inc.), Employee Matters Agreement (Arlo Technologies, Inc.)

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