Common use of No Similar Job Offer From Acquirer Clause in Contracts

No Similar Job Offer From Acquirer. and Delayed Termination From --------------------------------------------------------------- the Shell = Severance Pay. On the other hand, if after an Asset Sale Acquirer ------------------------- makes no such offer to EMPLOYEE (and even if EMPLOYEE remains employed by EMPLOYER), then any termination of EMPLOYEE by EMPLOYER (other than for Cause) upon or after the Asset Sale and before the first anniversary of the Asset Sale shall be deemed to be "in connection with an acquisition of EMPLOYER" for purposes of Section 6.2. If Section 6.3(c) and 6.3(d) both apply, Section 6.3(c) shall govern.

Appears in 4 contracts

Samples: Employment Agreement (Synbiotics Corp), Employment Agreement (Synbiotics Corp), Synbiotics Corp

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