Common use of Cadbury Obligations Clause in Contracts

Cadbury Obligations. DPSG and Cadbury plc agree that Cadbury plc shall not, and shall cause Cadbury not to, take any actions that would materially and adversely impact the ability of Cadbury to fulfill its obligations under this Agreement; provided that Cadbury plc may at any time following the Distribution Date require Cadbury to assign to Cadbury plc all of Cadbury’s rights and obligations under this Agreement in substitution for compliance by Cadbury plc and Cadbury with the aforementioned obligation in this Section 10.05, and upon such assignment, Cadbury plc shall assume all of Cadbury’s obligations under this Agreement.

Appears in 3 contracts

Samples: Employee Matters Agreement (Dr Pepper Snapple Group, Inc.), Employee Matters Agreement (Dr Pepper Snapple Group, Inc.), Employee Matters Agreement (Dr Pepper Snapple Group, Inc.)

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Cadbury Obligations. DPSG and Cadbury plc agree that Cadbury plc shall not, and shall cause Cadbury not to, take any actions that would materially and adversely impact the ability of Cadbury to fulfill its obligations under this Agreement; provided that Cadbury plc may at any time following the Distribution Date require Cadbury to assign to Cadbury plc all of Cadbury’s rights and obligations under this Agreement in substitution for compliance by Cadbury plc and Cadbury with the aforementioned obligation in this Section 10.0511.05, and upon such assignment, Cadbury plc shall assume all of Cadbury’s obligations under this Agreement.

Appears in 1 contract

Samples: Employee Matters Agreement (Dr Pepper Snapple Group, Inc.)

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