Common use of Hippo Employee Matters Clause in Contracts

Hippo Employee Matters. (a) Effective not later than immediately before the Distribution Time, Hippo shall cause all Active Transferring Hippo Employees to become, or to continue to be, employees of a HippoRx Entity. Hippo and its Subsidiaries shall not take any action that is not otherwise permitted under this Agreement that would interfere with such employees so becoming employed, or so remaining employed, as the case may be, by a HippoRx Entity. As of the HippoRx Distribution, the HippoRx Entities shall have no employees other than the Active Transferring Hippo Employees.

Appears in 4 contracts

Samples: Master Transaction Agreement (Kindred Healthcare, Inc), Master Transaction Agreement (Safari Holding Corp), Master Transaction Agreement (Amerisourcebergen Corp)

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