Common use of Continuation of Elections Clause in Contracts

Continuation of Elections. As of the effective date of the MSG Excess Savings Plan, MSG (acting directly or through its Subsidiaries or Affiliates) shall cause the MSG Excess Savings Plan to recognize and maintain all elections, including deferral elections and beneficiary designations with respect to MSG Participants under the Cablevision Excess Savings Plan for the remainder of the period or periods for which such elections or designations are by their original terms applicable, to the extent such election or designation is available under the MSG Excess Savings Plan.

Appears in 3 contracts

Samples: Employee Matters Agreement (Cablevision Systems Corp /Ny), Employee Matters Agreement (Madison Square Garden, Inc.), Employee Matters Agreement (Madison Square Garden, Inc.)

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Continuation of Elections. As of the effective date of the MSG MSGS Excess Savings Plan, MSG MSGS (acting directly or through its Subsidiaries or AffiliatesSubsidiaries) shall cause the MSG MSGS Excess Savings Plan to recognize and maintain all elections, including deferral elections and beneficiary designations designations, as applicable, with respect to MSG Participants MSGS Employees, Former MSGS Employees and Shared Executives under the Cablevision Spinco Excess Savings Plan for the remainder of the period or periods for which such elections or designations are by their original terms applicable, to the extent such election or designation is available under the MSG MSGS Excess Savings Plan.

Appears in 3 contracts

Samples: Employee Matters Agreement (MSG Entertainment Spinco, Inc.), Employee Matters Agreement (Madison Square Garden Co), Employee Matters Agreement (MSG Entertainment Spinco, Inc.)

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