Common use of Employment by Subsidiary Clause in Contracts

Employment by Subsidiary. For purposes of this Agreement, the Executive’s employment with the Company shall not be deemed to have terminated solely as a result of the Executive continuing to be employed by a wholly-owned subsidiary of the Company.

Appears in 155 contracts

Samples: Executive Retention Agreement (Aspen Technology, Inc.), Executive Retention Agreement (Aspen Technology Inc /De/), Executive Severance Agreement

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Employment by Subsidiary. For purposes of this Agreement, the Executive’s 's employment with the Company shall not be deemed to have terminated solely as a result of the Executive continuing to be employed by a wholly-owned subsidiary of the Company.

Appears in 59 contracts

Samples: Executive Retention Agreement (Dyax Corp), Executive Retention Agreement (Dyax Corp), Executive Retention Agreement (Dyax Corp)

Employment by Subsidiary. For purposes of this Agreement, the Executive’s 's employment with the Company shall not be deemed to have terminated solely as a result of the Executive continuing to be employed by a wholly-wholly owned subsidiary of the Company.

Appears in 6 contracts

Samples: Executive Retention Agreement (Brooktrout Inc), Executive Retention Agreement (Brooktrout Inc), Executive Retention Agreement (Brooktrout Inc)

Employment by Subsidiary. For purposes of this Agreement, the ------------------------ Executive’s 's employment with the Company shall not be deemed to have terminated solely as a result of the Executive continuing to be employed by a wholly-owned subsidiary of the Company.

Appears in 5 contracts

Samples: Executive Retention Agreement (Navisite Inc), Change in Control Agreement (Opnet Technologies Inc), Change in Control Agreement (Opnet Technologies Inc)

Employment by Subsidiary. For purposes of this Agreement, the Executive’s employment with the Company shall not be deemed to have terminated solely as a result of the Executive continuing to be employed by a wholly-owned subsidiary of the Company.

Appears in 4 contracts

Samples: Executive Severance and Retention Agreement (Sm&A), Executive Severance and Retention Agreement (Sm&A), Executive Severance and Retention Agreement (Sm&A)

Employment by Subsidiary. For purposes of this Agreement, the Executive’s 's employment with the Company shall not be deemed to have terminated solely as a result of the Executive continuing to be employed by a wholly-owned subsidiary of the Company.

Appears in 3 contracts

Samples: Executive Employment Agreement (Arch Wireless Inc), Executive Employment Agreement (Arch Wireless Inc), Executive Employment Agreement (Arch Wireless Inc)

Employment by Subsidiary. For purposes of this Agreement, ------------------------ the Executive’s 's employment with the Company shall not be deemed to have terminated solely as a result of the Executive continuing to be employed by a wholly-owned subsidiary of the Company.

Appears in 3 contracts

Samples: Change in Control Agreement (Opnet Technologies Inc), Change in Control Agreement (Opnet Technologies Inc), Change in Control Agreement (Opnet Technologies Inc)

Employment by Subsidiary. For purposes of this Agreement, the ------------------------ Executive’s 's employment with the Company shall not be deemed to have terminated solely as a result of the Executive continuing to be employed by a wholly-majority- owned subsidiary of the Company.

Appears in 3 contracts

Samples: Executive Retention Agreement (Banyan Systems Inc), Executive Retention Agreement (Banyan Systems Inc), Executive Retention Agreement (Banyan Systems Inc)

Employment by Subsidiary. For purposes of this Agreement, the Executive’s employment with the Company shall not be deemed to have terminated solely as a result of the Executive continuing to be employed by a whollymajority-owned subsidiary of the Company.

Appears in 3 contracts

Samples: Executive Retention Agreement (Epresence Inc), Executive Retention Agreement (Epresence Inc), Executive Retention Agreement (Epresence Inc)

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Employment by Subsidiary. For purposes of this Agreement, the ExecutiveCEO’s employment with the Company shall not be deemed to have terminated solely as a result of the Executive CEO continuing to be employed by a wholly-owned subsidiary of the Company.

Appears in 2 contracts

Samples: Retention Agreement (Icu Medical Inc/De), Retention Agreement (Icu Medical Inc/De)

Employment by Subsidiary. For purposes of this Agreement, the Executive’s 's employment with the Company shall not be deemed to have terminated solely as a result of the Executive continuing to be employed by a wholly-owned subsidiary of the Company.

Appears in 1 contract

Samples: Executive Severance and Change of Control Agreement (Equallogic Inc)

Employment by Subsidiary. For purposes of this Agreement, the Executive’s employment with the Company Subsidiary shall not be deemed to have terminated solely as a result of the Executive continuing to be employed by a the Company itself or another wholly-owned subsidiary of the Company.

Appears in 1 contract

Samples: Executive Severance and Retention Agreement (Oclaro, Inc.)

Employment by Subsidiary. For purposes of this Agreement, the Executive’s 's employment with the Company ------------------------ shall not be deemed to have terminated solely as a result of the Executive continuing to be employed by a wholly-owned subsidiary of the Company.

Appears in 1 contract

Samples: Executive Retention Agreement (Iomega Corp)

Employment by Subsidiary. For purposes of this Agreement, the Executive’s employment with the Company shall not be deemed to have terminated solely as a result of the Executive continuing to be employed by a wholly-owned subsidiary of the Company. In the event the Executive is employed by a wholly-owned subsidiary of the Company, then the parties agree that the provisions of this Agreement shall apply to Executive’s employment with such subsidiary of the Company.

Appears in 1 contract

Samples: Executive Change in Control Agreement (Infodata Systems Inc)

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