Cogint Retirement Plan. Effective on the Business Transfer Time, SpinCo Employees shall cease to be eligible to: (i) have elective deferrals contributed on their behalf to the Cogint Retirement Plan with respect to pay paid after the Business Transfer Time, (ii) be credited with future employer contributions (for example, matching contributions) in the Cogint Retirement Plan, or (iii) make contributions (for example, rollovers or loan repayments) to the Cogint Retirement Plan and shall cease to be active participants in such Plan. Effective on the Business Transfer Time, each SpinCo Group member shall cease to be a participating employer in the Cogint Retirement Plan.
Appears in 2 contracts
Samples: Employee Matters Agreement (Cogint, Inc.), Employee Matters Agreement (Red Violet, Inc.)
Cogint Retirement Plan. Effective on the Business Transfer Time, SpinCo Employees shall cease to be eligible to: (iA) have elective deferrals contributed on their behalf to the Cogint Retirement Plan with respect to pay paid after the Business Transfer Time, (iiB) be credited with future employer contributions (for example, matching contributions) in the Cogint Retirement Plan, or (iiiC) make contributions (for example, rollovers or loan repayments) to the Cogint Retirement Plan and shall cease to be active participants in such Plan. Effective on the Business Transfer Time, each SpinCo Group member shall cease to be a participating employer in the Cogint Retirement Plan.
Appears in 2 contracts
Samples: Employee Matters Agreement, Employee Matters Agreement (Cogint, Inc.)
