Transfer of Company Title or Interest. In the event the Company is sold or any part of its operations cov- ered by this Agreement is transferred, the Company shall give notice to the Local Union to the extent required by applicable law. The Company shall give notice of the existence of this Agreement to any entity involved in the sale or other transaction by which the operation covered by this, or any part thereof, may be transferred. Such notice shall be in writing, with a copy to the Local Union, at the time of the purchase and sale negotiation are made known to the public or the Company executes a contract or transaction as herein described, whichever first occurs. The Local Union shall also be advised of the exact nature of the transaction, not including xxxxx- cial details.
Appears in 2 contracts
Samples: National Master Ups Freight Agreement, National Master Ups Freight Agreement
Transfer of Company Title or Interest. In the event the Company is sold or any part of its operations cov- ered covered by this Agreement is transferred, the Company shall give notice to the Local Union to the extent required by applicable law. The Company shall give notice of the existence of this Agreement to any entity involved in the sale or other transaction by which the operation covered by this, or any part thereof, may be transferred. Such notice shall be in writing, with a copy to the Local Union, at the time of the purchase and sale negotiation are made known to the public or the Company executes a contract or transaction as herein described, whichever first occurs. The Local Union shall also be advised of the exact nature of the transaction, not including xxxxx- cial details.financial details.
Appears in 1 contract
Samples: Freight Agreement
Transfer of Company Title or Interest. In the event the Company is sold or any part of its operations cov- ered by this Agreement is transferred, the Company shall give notice to the Local Union to the extent required by applicable law. The Company shall give notice of the existence of this Agreement to any entity involved in the sale or other transaction by which the operation covered by this, or any part thereof, may be transferred. Such notice shall be in writing, with a copy to the Local Union, at the time of the purchase and sale negotiation are made known to the public or the Company executes a contract or transaction as herein described, whichever first occurs. The Local Union shall also be advised of the exact nature of the transaction, not including xxxxx- cial details.details.
Appears in 1 contract
Samples: Ups Freight Agreement