Common use of Assumption of Certain Employee Related Obligations Clause in Contracts

Assumption of Certain Employee Related Obligations. Except as otherwise provided in this Agreement, effective as of the close of business on the Distribution Date, Western Union shall assume, and none of First Data or any of its Subsidiaries or Affiliates shall have any further liability for, the following agreements, obligations and liabilities and Western Union shall indemnify First Data and its Subsidiaries and Affiliates, and the officers, directors, and employees of each, and hold them harmless with respect to such agreements, obligations or liabilities:

Appears in 4 contracts

Samples: Matters Agreement, Employee Matters Agreement (First Data Corp), Employee Matters Agreement (Western Union CO)

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