Common use of Distributing Employees Clause in Contracts

Distributing Employees. For purposes of this Section 7, if a Person is an officer or employee of any member of the Distributing Group at any time during a Taxable period, then such officer or employee will exclusively be considered to be employed by such member of the Distributing Group for all of such Taxable period.

Appears in 4 contracts

Sources: Tax Matters Agreement, Tax Matters Agreement (Vertiv Co.), Tax Matters Agreement (TopBuild Corp)