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 actions referred to under the definition of "Good Reason" in SUBSECTION 4.3 include the actions of the Company or Executive's employing Subsidiary, as applicable. The obligations created under this Agreement are obligations of the Company. A Change in Control of a Subsidiary will not constitute a Change in Control for purposes of this Agreement unless there is also a contemporaneous Change in Control of the Company. For purposes of SECTION 1 and this paragraph, 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 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 Company and all Subsidiaries, and does not include a transfer of employment between any of them. The actions referred to under the definition of "“Good Reason" ” in SUBSECTION 4.3 subsection 5.3 include the actions of the Company or Executive's employing Subsidiary, as applicable. The obligations created under this Agreement are obligations of the Company. A Change change in Control control of a Subsidiary will not constitute a Change in Control for purposes of this Agreement unless there is also a contemporaneous Change in Control of the Company. For purposes of SECTION 1 and this paragraphAgreement, 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 Company and all Subsidiaries, and does not include a transfer of employment between any of them. The actions referred to under the definition of "“Good Reason" ” in SUBSECTION 4.3 subsection 5.3 include the actions of the Company or Executive's ’s employing Subsidiary, as applicable. The obligations created under this Agreement are obligations of the Company. A Change change in Control control of a Subsidiary will not constitute a Change in Control for purposes of this Agreement unless there is also a contemporaneous Change in Control of the Company. For purposes of SECTION 1 and this paragraphAgreement, 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 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 Company and all Subsidiaries, and does not include a transfer of employment between any of them. The actions referred to under the definition of "Good Reason" in SUBSECTION 4.3 subsection 5.3 include the actions of the Company or Executive's employing Subsidiary, as applicable. The obligations created under this Agreement are obligations of the Company. A Change change in Control control of a Subsidiary will not constitute a Change in Control for purposes of this Agreement unless there is also a contemporaneous Change in Control of the Company. For purposes of SECTION 1 and this paragraphAgreement, a "Subsidiary" means an entity more than fifty percent (50%) of whose equity interests are owned directly or indirectly by the Company.