Common use of Transfer of Current Employees Clause in Contracts

Transfer of Current Employees. As part of the Pre-Closing Reorganization, and prior to the Distribution Effective Time, SpinCo Group shall transfer and assign the employment of each Transferred Employee to a member of the RemainCo Group.

Appears in 3 contracts

Samples: Separation and Distribution Agreement (Biohaven Research Ltd.), Separation and Distribution Agreement (Biohaven Research Ltd.), Separation and Distribution Agreement (Biohaven Pharmaceutical Holding Co Ltd.)

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Transfer of Current Employees. As part of the Pre-Closing Reorganization, and prior to the Distribution Effective Time, SpinCo RemainCo Group shall transfer and assign the employment of each Transferred Employee to a member of the RemainCo SpinCo Group.

Appears in 1 contract

Samples: Separation and Distribution Agreement (Inhibrx, Inc.)

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