Effect of the Transactions. Notwithstanding anything in this Agreement to the contrary, this Agreement shall become effective only if the Transactions are consummated and the Effective Date occurs. If the Transactions are not consummated and the Effective Date does not occur, this Agreement shall be void ab initio and of no force or effect.
Appears in 4 contracts
Samples: Employment Agreement (Cole Credit Property Trust III, Inc.), Employment Agreement (Cole Credit Property Trust III, Inc.), Employment Agreement (Cole Credit Property Trust III, Inc.)