Common use of Adoption by SpinCo of Benefit Plans Clause in Contracts

Adoption by SpinCo of Benefit Plans. As of no later than the Effective Time (unless otherwise noted), SpinCo shall adopt Benefit Plans (and related trusts, if applicable) as contemplated and in accordance with the terms of this Agreement, as listed on Schedule 2.03(a).

Appears in 4 contracts

Samples: Employee Matters Agreement (Equitrans Midstream Corp), Employee Matters Agreement (EQT Corp), Employee Matters Agreement (Equitrans Midstream Corp)

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Adoption by SpinCo of Benefit Plans. As of no later than the Effective Time (unless otherwise noted)Time, SpinCo shall adopt Benefit Plans (and related trusts, if applicable) as contemplated and in accordance with the terms of this Agreement, as listed on Schedule 2.03(a).

Appears in 3 contracts

Samples: Employee Matters Agreement, Employee Matters Agreement (Cars.com Inc.), Employee Matters Agreement (Cars.com Inc.)

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Adoption by SpinCo of Benefit Plans. As of no later than the Effective Time (unless otherwise notedor such other time as is set forth herein), SpinCo shall, or shall cause the members of the SpinCo Group to, adopt Benefit Plans (and related trusts), if to the extent applicable) , as contemplated and in accordance with the terms of this Agreement, which Benefit Plans are generally intended to contain terms substantially similar in all material respects to those of the corresponding Parent Benefit Plans as listed on Schedule 2.03(a)in effect immediately prior to the Effective Time.

Appears in 2 contracts

Samples: Employee Matters Agreement (Embecta Corp.), Employee Matters Agreement (Embecta Corp.)

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