Assumption and Retention of Liabilities. (a) As of the Distribution Date, except as otherwise expressly provided for in this Agreement or any other agreement by and between the Parties, and/or their Affiliates, Vishay shall, or shall cause one or more other members of the Vishay Group to, retain and Vishay hereby agrees to pay, perform, fulfill and discharge, in due course in full: (i) all Liabilities under all Vishay Benefit Plans with respect to the Vishay Employees; and (ii) any other Liabilities or obligations expressly assigned to Vishay or any other member of the Vishay Group under this Agreement.
Appears in 5 contracts
Samples: Employee Matters Agreement (Vishay Precision Group, Inc.), Employee Matters Agreement (Vishay Precision Group, Inc.), Employee Matters Agreement (Vishay Precision Group, Inc.)
