No Separation Sample Clauses
The No Separation clause prohibits the division or splitting of rights, obligations, or interests under an agreement. In practice, this means that parties cannot assign or transfer only part of their contractual rights or obligations to another party; any transfer must involve the entire set of rights or obligations as a whole. This clause ensures that the integrity of the agreement is maintained and prevents complications that could arise from fragmented or partial assignments, thereby promoting clarity and consistency in the enforcement of the contract.
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No Separation. The Plan does not obligate the Vendors to pay separation, severance, termination or similar-type benefits solely as a result of any transaction contemplated by this Agreement or solely as a result of a "change of control" as such term as used in Section 280G of the Internal Revenue Code of 1986, as amended, and the regulation promulgated thereunder (the "Code");
No Separation. If Separation does not happen before 31 December 2003 then as provided in Clause 1 of the Demerger Contract, the Demerger Contract shall terminate on 31 December 2003 without liability on the part of the Company or you. In this event your terms and conditions of employment would continue to be governed by our existing terms and conditions of employment.
No Separation. You agree your transfer to the Special Advisor Assignment is not a “Termination due to a Workforce Restructuring" within the meaning of the Separation Plan and you are not, by reason of the transfer, eligible for benefits under the Separation Plan. You also agree that the termination of your employment before the Separation Date is not a “Termination due to a Workforce Restructuring" within the meaning of the Separation Plan.
No Separation. You agree that your appointment to the New Assignment is not a “Separation from Service” within the meaning of the Company’s Separation Benefits Plan for Non-Union Employees.
No Separation. This Royalty Agreement shall not be separable from the Preferred Shares until Conversion. ________________________ [*] Indicates confidential portion has been omitted pursuant to a request for confidential treatment and has been filed separately with the Securities and exchange Commission.