Effect If Effective Time Does Not Occur. If the Master Transaction Agreement is terminated prior to the Effective Time, then this Agreement shall terminate and all actions and events that are, under this Agreement, to be taken or occur effective immediately prior to or as of the Effective Time, or otherwise in connection with the Separation, shall not be taken or occur except to the extent specifically agreed by IAC and Match.
Appears in 2 contracts
Sources: Employee Matters Agreement (Iac/Interactivecorp), Employee Matters Agreement (Match Group, Inc.)