Common use of Continuation of Elections Clause in Contracts

Continuation of Elections. As of the effective date of the MSGS Excess Savings Plan, MSGS (acting directly or through its Subsidiaries) shall cause the MSGS Excess Savings Plan to recognize and maintain all elections, including deferral elections and beneficiary designations, as applicable, with respect to MSGS Employees, Former MSGS Employees and Shared Executives under the 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 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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Continuation of Elections. As of the effective date of the MSGS MSG Excess Savings Plan, MSGS MSG (acting directly or through its SubsidiariesSubsidiaries or Affiliates) shall cause the MSGS MSG Excess Savings Plan to recognize and maintain all elections, including deferral elections and beneficiary designations, as applicable, designations with respect to MSGS Employees, Former MSGS Employees and Shared Executives MSG Participants under the Spinco 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 MSGS 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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