Disposition of a Business Unit. There is consummated the Disposition of a Business Unit; provided, however, that this clause (5) shall apply only to an Executive who immediately prior to the Disposition of a Business Unit was employed by (and on the payroll of) the Business Unit that was the subject of the Disposition of a Business Unit. The following Examples illustrate clause (5):
Appears in 14 contracts
Samples: Severance Agreement (Con-Way Inc.), Severance Agreement (Con-Way Inc.), Severance Agreement (Con-Way Inc.)
Disposition of a Business Unit. There is consummated the Disposition of a Business Unit; provided, however, that this clause (5e) shall apply only to an Executive who immediately prior to the Disposition of a Business Unit was employed by (and on the payroll of) the Business Unit that was the subject of the Disposition of a Business Unit. The following Examples illustrate clause (5e):
Appears in 6 contracts
Samples: Severance Agreement (CNF Inc), Severance Agreement (CNF Inc), Severance Agreement (Con-Way Inc.)
Disposition of a Business Unit. There is consummated the Disposition of a Business Unit; provided, however, that this clause (5) shall apply only to an Executive a Grantee who (A) immediately prior to the Disposition of a Business Unit was were employed by (and on the payroll of) the Business Unit that was the subject of the Disposition of a Business Unit. The following Examples illustrate clause (5):.
Appears in 4 contracts
Samples: Management Retention Unit Agreement (Building Materials Holding Corp), Management Retention Unit Agreement (Building Materials Holding Corp), Management Retention Unit Agreement (Building Materials Holding Corp)
Disposition of a Business Unit. There is consummated the Disposition of a Business Unit; provided, however, that this clause (5e) shall apply only to an Executive employees who (i) immediately prior to the Disposition of a Business Unit was were employed by (and on the payroll of) the Business Unit that was the subject of the Disposition of a Business Unit. The following Examples illustrate Unit (for purposes of this clause (5):e) the “Subject Business Unit”) and (ii) immediately following the Disposition of a Business Unit are employed by (and on the payroll of) either
Appears in 1 contract
Samples: Con-Way Inc.
