Continuation of Plan. Effective as of the Distribution Date, Remainco or a member of the Remainco Group shall continue the News Corporation 2004 Stock Option Plan (the “2004 Stock Option Plan”). On and after the Distribution Date, the Remainco Group shall retain, pay, perform, fulfill and discharge all Liabilities arising out of or relating to Awards under the 2004 Stock Option Plan.
Appears in 2 contracts
Samples: Employee Matters Agreement (NEWS Corp), Employee Matters Agreement (New Newscorp LLC)
Continuation of Plan. Effective as of the Distribution Date, Remainco or a member of the Remainco Group Group, shall continue the News Corporation 2004 Stock Option Plan (the “2004 Replacement Stock Option Plan”). On and after the Distribution Date, the Remainco Group shall retain, pay, perform, fulfill and discharge all Liabilities arising out of or relating to Awards under the 2004 Replacement Stock Option Plan.
Appears in 2 contracts
Samples: Employee Matters Agreement (NEWS Corp), Employee Matters Agreement (New Newscorp LLC)
