Purpose of Amendment. You and the Company acknowledge and agree that this Letter Agreement is being entered into in contemplation of the impending demerger of the hotels and retail businesses of the Company contemplated in the Company’s announcement of 1 October 2002 (the “Separation”).
Appears in 2 contracts
Samples: Letter Agreement, Letter Agreement (Intercontinental Hotels Group PLC /New/)
Purpose of Amendment. You and the Company acknowledge and agree that this Letter Agreement is being entered into in contemplation of the impending demerger of the hotels and retail businesses of the Company contemplated in the Company’s 's announcement of 1 October 2002 (the “Separation”).
Appears in 2 contracts
Samples: Letter Agreement (Intercontinental Hotels Group PLC /New/), Letter Agreement (Intercontinental Hotels Group PLC /New/)
