Common use of Certain Employee Agreements Clause in Contracts

Certain Employee Agreements. Subject to Section 8.10, Section 8.14 and Section 8.15, the Company and its Subsidiaries shall honor, without modification, all contracts, agreements, collective bargaining agreements and commitments of the parties prior to the date hereof which apply to any current or former employee or current or former director of the parties hereto; provided, however, that this undertaking is not intended to prevent the Company from enforcing such contracts, agreements, collective bargaining agreements and commitments in accordance with their terms, including, without limitation, any reserved right to amend, modify, suspend, revoke or terminate any such contract, agreement, collective bargaining agreement or commitment.

Appears in 4 contracts

Samples: Merger Agreement (Wisconsin Power & Light Co), Merger Agreement (Ies Industries Inc), Merger Agreement (WPL Holdings Inc)

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Certain Employee Agreements. Subject to Section 8.10, Section 8.14 6.10 and Section 8.156.15, the Company and its Subsidiaries subsidiaries shall honor, without modification, all contracts, agreements, collective bargaining agreements and commitments of the parties prior to the date hereof which apply to any current or former employee or current or former director of the parties hereto; provided, however, that this undertaking is not intended to prevent the Company from enforcing such contracts, agreements, collective bargaining agreements and commitments in accordance with their terms, including, without limitation, any reserved right to amend, modify, suspend, revoke or terminate any such contract, agreement, collective bargaining agreement or commitment.

Appears in 2 contracts

Samples: Merger Agreement (Pacific Enterprises Inc), Merger Agreement (Enova Corp)

Certain Employee Agreements. Subject to Section 8.10, Section 8.14 7.10 and Section 8.15, 7.11 the Company and its Subsidiaries subsidiaries shall honor, without modification, all contracts, agreements, collective bargaining agreements and commitments of the parties hereto prior to the date hereof which apply to any current or former employee or current or former director or trustee of the parties heretohereto and are disclosed in Section 4.15 of the Disclosure Schedules; provided, however, that this undertaking is not intended to prevent the Company from enforcing such contracts, agreements, collective bargaining agreements and commitments in accordance with their terms, including, without limitation, any reserved right to amend, modify, suspend, revoke or terminate any such contract, agreement, collective bargaining agreement or commitment.

Appears in 1 contract

Samples: Merger Agreement (Commonwealth Energy System)

Certain Employee Agreements. Subject to Section 8.10, Section 8.14 7.10 and Section 8.157.16, the Company and its Subsidiaries subsidiaries shall honor, without modification, all contracts, agreements, collective bargaining agreements and commitments of the parties prior to the date hereof which apply to any current or former employee or current or former director of the parties hereto; provided, however, that this undertaking is not intended to prevent the Company from enforcing such contracts, agreements, collective bargaining agreements and commitments in accordance with their terms, including, without limitation, any reserved right to amend, modify, suspend, revoke or terminate any such contract, agreement, collective bargaining agreement or commitment.

Appears in 1 contract

Samples: Merger Agreement (Puget Sound Power & Light Co /Wa/)

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Certain Employee Agreements. Subject to Section 8.10Sections 7.8, Section 8.14 and Section 8.157.9, the Company and its Subsidiaries shall honor, without modification, all contracts, agreements, collective bargaining agreements and commitments of the parties prior to the date hereof which that apply to any current or former employee or current or former director of the parties hereto; provided, however, that this undertaking is not intended to prevent the Company from enforcing such contracts, agreements, collective bargaining agreements and commitments in accordance with their terms, including, without limitation, any reserved right to amend, modify, suspend, revoke or terminate any such contract, agreement, collective bargaining agreement or commitment.

Appears in 1 contract

Samples: Merger Agreement (Cybex International Inc)

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