Common use of Cessation as Participating Companies Clause in Contracts

Cessation as Participating Companies. Effective as of the Plan Separation Date, (i) each member of the Xxxxxxx Group shall have ceased to be Participating Companies in any Dover Plan, (ii) each member of the Dover Group shall have ceased to be Participating Companies in any Xxxxxxx Plan and (iii) Dover and Xxxxxxx shall have taken all necessary action to effectuate such cessations as Participating Companies.

Appears in 4 contracts

Samples: Employee Matters Agreement (Knowles Corp), Employee Matters Agreement (DOVER Corp), Employee Matters Agreement (Knowles Corp)

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