Common use of NEW OWNER Clause in Contracts

NEW OWNER. In the event of bona fide sale or transfer of any pharmacy covered by this Agreement during the period hereof, the new owner or such transferee shall be notified of the existence of this Agreement. The former owner shall be required to meet any and all monetary benefits that employees have accumulated under this Agreement, but, except as provided in this Section, shall have no further or other obligations whatsoever, notwithstanding any other provision to the contrary in this Agreement.

Appears in 10 contracts

Samples: Retail Pharmacist Agreement, Retail Pharmacist Agreement, Retail Pharmacist Agreement

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