Certain Director Fees. With respect to any Delta Director and Ultra Director, Delta shall retain responsibility for the payment of any fees payable in respect of service on the board of directors of Delta that are payable but not yet paid as of the Effective Time, and Ultra shall not have any responsibility for any such payments. With respect to any Ultra Director, Ultra shall be responsible for the payment of any fees payable in respect of service on the board of directors of Ultra that are earned at any time beginning at or after the Effective Time, and Delta shall not have any responsibility for any such payments. With respect to any Delta Director, Delta shall be responsible for the payment of any fees payable in respect of service on the board of directors of Delta that are earned at any time beginning at or after the Effective Time, and Ultra shall not have any responsibility for any such payments.
Certain Director Fees. With respect to any CSC Director and Computer Sciences GS Director, CSC shall retain responsibility for the payment of any fees payable in respect of service on the board of directors of CSC that are payable but not yet paid as of the Effective Time, and Computer Sciences GS shall not have any responsibility for any such payments. With respect to any Computer Sciences GS Director, Computer Sciences GS shall be responsible for the payment of any fees payable in respect of service on the board of directors of Computer Sciences GS that are earned at any time beginning at or after the Effective Time, and CSC shall not have any responsibility for any such payments. With respect to any CSC Director, CSC shall be responsible for the payment of any fees payable in respect of service on the board of directors of CSC that are earned at any time beginning at or after the Effective Time, and Computer Sciences GS shall not have any responsibility for any such payments.
Certain Director Fees. Except as provided in subsection (a), above, Duke Energy shall retain responsibility for the payment of any fees payable in respect of service on the Duke Energy Board of Directors that are payable but not yet paid as of the Distribution Date, and Spectra Energy shall have no responsibility for any such payments (to an individual who is a member of the Spectra Energy Board of Directors as of the Effective Time or otherwise).
Certain Director Fees. United Online shall retain responsibility for the payment of any fees payable in respect of service on the UOL Board of Directors that are payable but not yet paid as of the Distribution Date, and FTD shall have no responsibility for any such payments (whether owed to an individual who is a member of the FTD Board of Directors as of the Distribution Date or otherwise). FTD shall retain responsibility for the payment of any fees payable in respect of service on the FTD Board of Directors, and United Online shall have no responsibility for any such payments (whether owed to an individual who is a member of the UOL Board of Directors as of the Distribution Date or otherwise). ARTICLE VIII
Certain Director Fees. With respect to any COP Director and Xxxxxxxx 66 Director, COP shall retain responsibility for the payment of any fees payable in respect of service on the board of directors of COP that are payable but not yet paid as of the Effective Time, and Xxxxxxxx 66 shall not have any responsibility for any such payments. With respect to any Xxxxxxxx 66 Director, Xxxxxxxx 66 shall be responsible for the payment of any fees payable in respect of service on the board of directors of Xxxxxxxx 66 that are earned at any time beginning at or after the Effective Time, and COP shall not have any responsibility for any such payments. With respect to any COP Director, COP shall be responsible for the payment of any fees payable in respect of service on the board of directors of COP that are earned at any time beginning at or after the Effective Time, and Xxxxxxxx 66 shall not have any responsibility for any such payments.
Certain Director Fees. Holdings shall retain responsibility for the payment of any fees payable in respect of service on the Holdings Board of Directors that are payable but not yet paid as of the Distribution Date, and New A&B shall have no responsibility for any such payments (whether owed to an individual who is a member of the New A&B Board of Directors as of the Distribution Date or otherwise). New A&B shall retain responsibility for the payment of any fees payable in respect of service on the New A&B Board of Directors, and Holdings shall have no responsibility for any such payments (whether owed to an individual who is a member of the Holdings Board of Directors as of the Distribution Date or otherwise).
Certain Director Fees. With respect to any Leidos Director and New SAIC Director, Leidos shall retain responsibility for the payment of any fees payable in respect of service on the board of directors of Leidos that are payable but not yet paid as of the Effective Time, and New SAIC shall not have any responsibility for any such payments. With respect to any New SAIC Director, New SAIC shall be responsible for the payment of any fees payable in respect of service on the board of directors of New SAIC that are earned at any time beginning at or after the Effective Time, and Leidos shall not have any responsibility for any such payments. With respect to any Leidos Director, Leidos shall be responsible for the payment of any fees payable in respect of service on the board of directors of Leidos that are earned at any time beginning at or after the Effective Time, and New SAIC shall not have any responsibility for any such payments.
Certain Director Fees. With respect to any fees payable under the Temple-Inland Directors Fee Deferral Plan that are payable in shares of Temple-Inland Common Stock upon Termination of Service, as defined in such plan, each share of Temple-Inland Common Stock credited under such plan immediately before the Relevant Time shall, at the Relevant Time, be treated in the same manner as described in Section 7.3 in respect of Temple-Inland Restricted Stock Units (such that each such credited share of Temple-Inland Common Stock shall be deemed to represent Guaranty Common Stock and Forestar Common Stock as well, as the case may be). Upon entitlement to payment under the plan, Temple-Inland shall be solely responsible for the settlement of all shares payable in the form of Temple-Inland Common Stock, Guaranty shall be solely responsible for the settlement of all shares payable in the form of Guaranty Common Stock, and Forestar shall be solely responsible for the settlement of all shares payable in the form of Forestar Common Stock, in each case regardless of the person entitled to payment.
Certain Director Fees. With respect to any fees payable in respect of service on the Entergy Board of Directors that otherwise are payable in shares of Entergy Common Stock, each share of Entergy Common Stock credited immediately before the Effective Time shall, at the Effective Time, be treated in the manner (and shall be subject to payment as provided under) the applicable director compensation plan as it may be adjusted to reflect the circumstances of the Separation.
Certain Director Fees. With respect to any CSC Director and CSRA Director, CSC shall retain responsibility for the payment of any fees payable in respect of service on the board of directors of CSC that are payable but not yet paid as of the Effective Time, and CSRA shall not have any responsibility for any such payments. With respect to any CSRA Director, CSRA shall be responsible for the payment of any fees payable in respect of service on the board of directors of CSRA that are earned at any time beginning at or after the Effective Time, and CSC shall not have any responsibility for any such payments. With respect to any CSC Director, CSC shall be responsible for the payment of any fees payable in respect of service on the board of directors of CSC that are earned at any time beginning at or after the Effective Time, and CSRA shall not have any responsibility for any such payments.
