Benefit Agreements. Surviving Corporation and National City shall honor, maintain and perform on and after the Effective Time, without deduction, counterclaims, interruptions or deferment (other than withholding under applicable law), all vested benefits of any person under the Company Employee Plans.
Appears in 2 contracts
Samples: Merger Agreement (Fort Wayne National Corp), Merger Agreement (National City Corp)
Benefit Agreements. Surviving Corporation and National City shall honor, maintain and perform on and after the Effective Time, without deduction, counterclaims, interruptions or deferment (other than withholding under applicable law), all vested benefits of any person under the Company Employee Plansall plans or agreements.
Appears in 2 contracts
Samples: Merger Agreement (National City Corp), Merger Agreement (National City Corp)
Benefit Agreements. Surviving Corporation and National City shall honor, maintain and perform on and after the Effective Time, without deduction, counterclaims, interruptions or deferment (other than withholding under applicable law), all vested benefits of any person under the Company Employee Plansall existing plans or agreements.
Appears in 1 contract
Benefit Agreements. Surviving Corporation and National City shall shall, subject to any legal or regulatory restrictions, honor, maintain and perform on and after the Effective Time, without deduction, counterclaims, interruptions or deferment (other than withholding under applicable law), all vested benefits of any person Person under the Company Employee Plansall existing plans or agreements.
Appears in 1 contract
Benefit Agreements. Surviving Corporation and National ------------------ City shall honor, maintain and perform on and after the Effective Time, without deduction, counterclaims, interruptions or deferment (other than withholding under applicable law), all vested benefits of any person under the Company Employee Plansall existing plans or agreements.
Appears in 1 contract