Common use of RECONSTRUCTION AND AMALGAMATION Clause in Contracts

RECONSTRUCTION AND AMALGAMATION. If your Appointment is terminated at any time by reason of any reconstruction or amalgamation of the Company, whether by winding up or otherwise, and you are offered employment with any concern or undertaking involved in or resulting from the reconstruction or amalgamation on terms which (considered in their entirety) are no less favourable to any material extent than the terms of this agreement, you shall have no claim against the Company or any such undertaking arising out of or connected with the termination.

RECONSTRUCTION AND AMALGAMATION. If your Appointment is terminated at any time by reason of any reconstruction or amalgamation of the CompanyArrival, whether by winding up or otherwise, and you are offered employment with any concern or undertaking involved in or resulting from the reconstruction or amalgamation on terms which (considered in their entirety) are no less favourable to any material extent than the terms of this agreementContract, you shall have no claim against the Company Arrival or any such undertaking arising out of or connected with the termination.