Common use of Employment by a Subsidiary Clause in Contracts

Employment by a Subsidiary. Either the Company or a Subsidiary may be Executive's legal employer. For purposes of this Agreement, any reference to Executive's termination of employment with the Company means termination of employment with the Company and all Subsidiaries, and does not include a transfer of employment between any of them. The obligations created under this Agreement are obligations of the Company. For purposes of this paragraph, a "

Employment by a Subsidiary. Either the Company or a Subsidiary subsidiary may be Executive's ’s legal employer. For purposes of this Agreement, any reference to Executive's ’s termination of employment with the Company means termination of employment with the Company and all Subsidiariesits subsidiaries, and does not include a transfer of employment between any of them. The obligations created under this Agreement are obligations of the Company. For purposes of this paragraphSection, a "“subsidiary” means an entity more than 50% of whose equity interests are owned directly or indirectly by the Company.

Employment by a Subsidiary. Either the Company or a Subsidiary subsidiary may be Executive's ’s legal employer. For purposes of this Agreement, any reference to Executive's ’s termination of employment with the Company means termination of employment with the Company and all Subsidiariesits subsidiaries, and does not include a transfer of employment between any of them. The obligations created under this Agreement are obligations of the Company. For purposes of this paragraphSection, a "“subsidiary” means an entity more than fifty percent (50%) of whose equity interests are owned directly or indirectly by the Company.

Employment by a Subsidiary. Either the Company or a Subsidiary may be Executive's ’s legal employer. For purposes of this Agreement, any reference to Executive's ’s termination of employment with the Company means termination of employment with the Company and all Subsidiaries, and does not include a transfer of employment between any of them. The obligations created under this Agreement are obligations of the Company. For purposes of this paragraph, a "“

Employment by a Subsidiary. Either the Company or a Subsidiary subsidiary may be Executive's legal employer. For purposes of this Agreement, any reference to Executive's termination of employment with the Company means termination of employment with the Company and all Subsidiariesits subsidiaries, and does not include a transfer of employment between any of them. The obligations created under this Agreement are obligations of the Company. For purposes of this paragraphSection, a "subsidiary" means an entity more than fifty percent (50%) of whose equity interests are owned directly or indirectly by the Company.