Reconstructions. If the Company is to be wound up for the purpose of a reconstruction or amalgamation or the Company transfers all or a substantial part of its business to another company and the Company procures that the Executive is offered employment by the reconstructed or amalgamated or transferee company on similar terms to the terms of this agreement for the remainder of the Appointment, the Executive will have no claim against the Company in respect of the termination of his employment under this agreement.
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Samples: Service Agreement, Service Agreement (Cyclacel Group PLC), Service Agreement (Cyclacel Group PLC)
Reconstructions. If the Company is to be wound up for the purpose of a reconstruction or amalgamation or the Company transfers all or a substantial part of its business to another company and the Company procures that the Executive is offered employment by the reconstructed or amalgamated or transferee company on similar terms to the terms of this agreement for the remainder of the Appointmentagreement, the Executive will have no claim against the Company in respect of the termination of his employment under this agreement.
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Reconstructions. If the Company is to be wound up for the purpose of a reconstruction or amalgamation or the Company transfers all or a substantial part of its business to another company and the Company procures that the Executive is offered employment by the reconstructed or amalgamated or transferee company on similar terms to the terms of this agreement Agreement for the remainder of the AppointmentEmployment, the Executive will shall have no claim against the Company in respect of the termination of his employment under this agreementAgreement.
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