Automotive Thrift Plan. Automotive Company shall (and/or cause its respective Group members to) establish or make available on or with effect from the Transition Date, one or more defined contribution plans for the benefit of the Active Employees of the Automotive Group (collectively, the "Automotive Thrift Plan") which may, subject to Section 4.05(d) hereof, be subject to amendment or termination by Automotive Company or the applicable member of the Automotive Group.
Appears in 2 contracts
Samples: Distribution Agreement (Pactiv Corp), Human Resources Agreement (Tenneco Automotive Inc)
Automotive Thrift Plan. Automotive Company shall (and/or cause its respective Group members to) establish or make available on or with effect from the Transition Date, one or more defined contribution plans for the benefit of the its Active Employees of the Automotive Group (collectively, the "Automotive Thrift Plan") which may, subject to Section 4.05(d) hereof, be subject to amendment or termination by Automotive Company or the applicable member of the Automotive Group.
Appears in 2 contracts
Samples: Distribution Agreement (Tenneco Packaging Inc), Distribution Agreement (Tenneco Packaging Inc)
Automotive Thrift Plan. Automotive Company shall (and/or cause its ---------------------- respective Group members to) establish or make available on or with effect from the Transition Date, one or more defined contribution plans for the benefit of the its Active Employees of the Automotive Group (collectively, the "Automotive Thrift Plan") which may, subject to Section 4.05(d) hereof, be subject to amendment or termination by Automotive Company or the applicable member of the Automotive Group.
Appears in 1 contract
