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.)

AutoNDA by SimpleDocs

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.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.