Term Position. (a) The term of this Agreement will commence on the date on which the spin-off of the Company from United Online, Inc. (the “Spin-Off”) is consummated (the “Effective Date”) and extend through the third anniversary of the Effective Date, unless this Agreement is earlier terminated as provided herein (the “Term”). For the avoidance of doubt, if the Spin-Off is not consummated by June 30, 2014, this Agreement shall terminate and be of no force or effect.
Appears in 3 contracts
Samples: Employment Agreement (FTD Companies, Inc.), Employment Agreement (FTD Companies, Inc.), Employment Agreement (FTD Companies, Inc.)
Term Position. (a) The term of this Agreement will commence on the date on which the spin-off of the Company from United Online, Inc. (the “"Spin-Off”") is consummated (the “"Effective Date”") and extend through the third anniversary of the Effective Date, unless this Agreement is earlier terminated as provided herein (the “"Term”"). For the avoidance of doubt, if the Spin-Off is not consummated by June 30, 2014, this Agreement shall terminate and be of no force or effect.
Appears in 2 contracts
Samples: Employment Agreement (FTD Companies, Inc.), Employment Agreement (FTD Companies, Inc.)
