CONTINENTAL PERFECT ATTENDANCE PROGRAM Sample Clauses

CONTINENTAL PERFECT ATTENDANCE PROGRAM. Holdings and each Holdings Affiliate, as applicable, shall continue as a Participating Company consistent with past practice in the Continental Perfect Attendance Program through June 30, 2002. The participation in the Continental Perfect Attendance Program by Holdings and each Holdings Affiliate that is a Participating Company in the Continental Perfect Attendance Program shall cease effective as of 11:59 P.M. City of Houston time June 30, 2002. Holdings shall be liable for the full amount of any and all payments and/or awards under the Continental Perfect Attendance Program that are owed to Holdings Employees in connection with the plan participation described in the first sentence of this Section 6.2(d). Effective as of July 1, 2002, Holdings shall use reasonable best efforts to adopt or cause to be adopted the Holdings Perfect Attendance Program for the benefit of eligible Holdings Employees subject to terms and conditions to be determined by Holdings.
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CONTINENTAL PERFECT ATTENDANCE PROGRAM. Holdings and each Holdings Affiliate, as applicable, shall continue as a Participating Company consistent with past practice in the Continental Perfect Attendance Program through December 31, 2001. The participation in the Continental Perfect Attendance Program by Holdings and each Holdings Affiliate that is a Participating Company in the Continental Perfect Attendance Program shall cease effective as of January 1, 2002. Holdings shall be liable for the full amount of any and all payments and/or awards under the Continental Perfect Attendance Program that are owed to Holdings Employees in connection with the plan participation described in the first sentence of this Section 6.2(d). All or any portion of the payments and/or awards owed by Holdings to Holdings Employees under the Continental Perfect Attendance Program shall, at the election of Holdings, be paid by Continental and added to the amount payable by Holdings under the InterCompany Note. Effective as of January 1, 2002, Holdings shall use reasonable best efforts to adopt or cause to be adopted the Holdings Perfect Attendance Program for the benefit of eligible Holdings Employees subject to terms and conditions to be determined by Holdings.

Related to CONTINENTAL PERFECT ATTENDANCE PROGRAM

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