Common use of CEQUADRANT AND WILDFILE RETENTION PLANS Clause in Contracts

CEQUADRANT AND WILDFILE RETENTION PLANS. Roxio will assume, administer and be responsible for payments under the Cequadrat retention plan and the Wildfile retention Plan upon and following the Separation Date. Any award earned and payable under the Cequadrant and Wildfile retention Plans prior to the Separation Date shall be the responsibility of and payable by Adaptec. Any award that is earned and payable pursuant to the Cequadrant and Wildfile retention Plans following the Separation Date shall be the responsibility of and payable by Roxio.

Appears in 3 contracts

Samples: Employee Matters Agreement (Adaptec Inc), Employee Matters Agreement (Roxio Inc), Employee Matters Agreement (Roxio Inc)

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CEQUADRANT AND WILDFILE RETENTION PLANS. Roxio will assume, administer and be responsible for payments under the Cequadrat Cequadrant retention plan and the Wildfile retention Plan upon and following the Separation Date. Any award earned and payable under the Cequadrant and Wildfile retention Plans prior to the Separation Date shall be the responsibility of and payable by Adaptec. Any award that is earned and payable pursuant to the Cequadrant and Wildfile retention Plans following the Separation Date shall be the responsibility of and payable by Roxio.

Appears in 1 contract

Samples: Employee Matters Agreement (Roxio Inc)

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