Effect of Merger, Transfer of Assets, or Dissolution Sample Clauses

Effect of Merger, Transfer of Assets, or Dissolution. (a) This Agreement shall not be terminated by any voluntary or involuntary dissolution of Employer resulting from either a merger or consolidation in which Employer is not the consolidated or surviving corporation, or a transfer of all or substantially all of the assets of Employer. (b) In the event of any such merger or consolidation or transfer of assets, Employer's rights, benefits, and obligations hereunder may be assigned to the surviving or resulting corporation or the transferee of Employer's assets.
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Effect of Merger, Transfer of Assets, or Dissolution. Without the prior written consent of Employee, this Agreement shall not be terminated by any voluntary or involuntary dissolution of Company resulting from a merger or consolidation in which Company is not the consolidated or surviving corporation, or a transfer of all or substantially all of the assets of Company. In the event of any such merger or consolidation or transfer of assets, Employee's rights, benefits, and obligations hereunder shall be assigned to the surviving or resulting corporation or the transferee of Company's assets, unless Employee agrees otherwise.
Effect of Merger, Transfer of Assets, or Dissolution. This Agreement shall be automatically terminated by any voluntary or involuntary dissolution of Company resulting from either a merger or consolidation in which Company is not the consolidated or surviving corporation, or a transfer of all or substantially all of the assets of Company.
Effect of Merger, Transfer of Assets, or Dissolution. A. This Agreement shall not be terminated by any voluntary or involuntary dissolution of Employer resulting from either a merger or consolidation in which Employer is not the consolidated or surviving corporation, or a transfer of all or substantially all of the assets of Employer. B. In the event of any such merger or consolidation or transfer of assets, Employer's rights, benefits, and obligations hereunder may be assigned to the surviving or resulting corporation or the transferee of Employer's assets. C. In the event any such merger or consolidation or transfer of assets results in Executive's termination, such termination shall be considered without cause.
Effect of Merger, Transfer of Assets, or Dissolution. (a) This Agreement shall not be terminated by any voluntary or involuntary dissolution of the Corporation resulting from either a merger or consolidation in which the Corporation is not the consolidated or surviving corporation, or a transfer of all or substantially all of the assets of the Corporation. (b) In the event of any such merger or consolidation or transfer of assets, the Corporation's rights, benefits, and obligations hereunder shall be assigned to the surviving or resulting corporation or the transferee of the Corporation's assets.
Effect of Merger, Transfer of Assets, or Dissolution. A. This Agreement shall not be terminated by any voluntary or involuntary dissolution of Continental Trade Exchange, Ltd. (CTE) or International Monetary Systems, Ltd. (IMS), resulting from either a merger or consolidation in which IMS/CTE is not the consolidated or surviving corporation, or a transfer of all or substantially all of the assets of either IMS or CTE. B. In the event of any such merger or consolidation or transfer of assets, IMS' rights, benefits and obligations hereunder shall be assigned to, and will be assumed by, the surviving or resulting corporation, or the transferee of IMS' assets.
Effect of Merger, Transfer of Assets, or Dissolution. 7.2.1 This Agreement shall terminate by any voluntary or involuntary dissolution of Employer resulting from either a merger or consolidation in which Employer is not the consolidated or surviving corporation, or a transfer of all or substantially all of the assets of Employer; provided, however, that this Section shall not apply in the case of: (i) any such merger or consolidation approved in writing by the Chief Executive Officer of Employer and in which the surviving or consolidated entity assumes the obligations of Employer under this Agreement; or (ii) a merger into and with Public Storage Properties XI, Inc. and an assumption of this Agreement by Public Storage Properties XI, Inc. 7.2.2 Termination under this Section shall not be considered "for cause" for the purposes of this Agreement. In the event that the Employee is terminated pursuant to this Section, Employee shall be entitled to the same severance as if terminated without cause and, in addition, all options on stock of the Employer granted to Employee in respect of her employment which have not vested and become exercisable shall become exercisable at the time of closing of the transaction which terminates this Agreement pursuant to Section 7.2.1 above.
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Effect of Merger, Transfer of Assets, or Dissolution. This Agreement shall not be terminated by any voluntary or involuntary dissolution of Immecor resulting from either a merger or consolidation in which Immecor is not the consolidated or surviving corporation, or a transfer of all or substantially all of the assets of Immecor.
Effect of Merger, Transfer of Assets, or Dissolution. (a) This agreement shall be terminated by any voluntary or involuntary dissolution of Employer resulting from either a merger or consolidation in which Employer is not the consolidated or surviving corporation, or a transfer of all or substantially all of the assets of Employer. (b) Termination under this section shall not be considered "for cause" for the purposes of this agreement.
Effect of Merger, Transfer of Assets, or Dissolution. (a) This Agreement shall not be terminated by any voluntary or involuntary dissolution of the Employer resulting from either a merger or consolidation in which the Employer is not the consolidated or surviving corporation, or a transfer of all or substantially all of the assets of the Employer. (b) In the event of any such merger or consolidation or transfer of assets, the Employer's rights, benefits, and obligations hereunder shall be assigned to the surviving or (c) Alternatively, prior to the close of the subject transaction (which will result in the merger or consolidation in which the Employer is not the consolidated or surviving corporation, or the transfer of all or substantially all of the assets of the Employer) such corporation or transferee may elect to terminate this Agreement upon which it will (prior to or contemporaneously with the close of such transaction) pay the Employee the sums otherwise due under the then current full remaining Term of this Agreement.
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