Shared Personnel. Immediately prior to the Distribution Date, except for Xxxxxx X. Xxxxxxxx and Xxxxxx X. Xxxx, (i) each Person who is an officer or director of any member of the Broadridge Group and an officer or director of any member of the ADP Group (a “Shared Person”) and who is to continue as an officer or director of any member of the Broadridge Group after the Distribution Date shall resign, effective at or prior to the Effective Time, from each of such Person’s positions with each member of the ADP Group and (ii) each such Shared Person who is to continue as an officer or director of any member of the ADP Group after the Distribution Date shall resign, effective at or prior to the Effective Time, from each of such Person’s positions with each member of the Broadridge Group.
Appears in 3 contracts
Samples: Separation and Distribution Agreement, Separation and Distribution Agreement (Broadridge Financial Solutions, LLC), Separation and Distribution Agreement (Automatic Data Processing Inc)
Shared Personnel. Immediately prior to the Distribution Date, except for Xxxxxx X. Xxxxxxxx and Xxxxxx X. Xxxx, (i) each Person who is an officer or director of any member of the Broadridge Dealer Group and an officer or director of any member of the ADP Group (a “Shared Person”) and who is to continue as an officer or director of any member of the Broadridge Dealer Group after the Distribution Date shall resign, effective at or prior to the Effective Time, from each of such Person’s positions with each member of the ADP Group and (ii) each such Shared Person who is to continue as an officer or director of any member of the ADP Group after the Distribution Date shall resign, effective at or prior to the Effective Time, from each of such Person’s positions with each member of the Broadridge Dealer Group.
Appears in 1 contract
Samples: Separation and Distribution Agreement (Automatic Data Processing Inc)
