Common use of Benefit Agreements Clause in Contracts

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 all plans or agreements.

Appears in 2 contracts

Samples: Merger Agreement (National City Corp), Merger Agreement (National City Corp)

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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 all plans or agreementsthe Company Employee Plans.

Appears in 2 contracts

Samples: Merger Agreement (National City Corp), Merger Agreement (Fort Wayne National 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 all existing plans or agreements.

Appears in 1 contract

Samples: Merger Agreement (National City Corp)

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 all existing plans or agreements.

Appears in 1 contract

Samples: Merger Agreement (Wayne Bancorp Inc /Oh/)

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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 all existing plans or agreements.

Appears in 1 contract

Samples: Merger Agreement (Allegiant Bancorp Inc/Mo/)

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