Common use of Designation of Spinco Employees and Spinco Individuals Clause in Contracts

Designation of Spinco Employees and Spinco Individuals. Prior to the Distribution Date, Alltel and Spinco shall take or cause to be taken all actions necessary to cause the Spinco Employees to be employed by Spinco or a Spinco Subsidiary. Until the Distribution Date, Spinco shall continue to use existing salary or pay structures for Spinco Employees, including ordinary salary and pay adjustments in the normal course of business or salary or pay adjustments made in connection with a Spinco Employee’s change in responsibility or a change in structure of Spinco. Prior to the Distribution Date, Alltel shall designate those employees and other individuals who shall constitute Spinco Employees and Spinco Individuals for purposes of this Agreement. Alltel shall provide Spinco and the Company or their designated agents and the Steering Committee with the list of the individuals so designated (as well as information with respect to service and most recent annual compensation with the AT Co. Group) within 15 days prior to the Distribution Date.

Designation of Spinco Employees and Spinco Individuals. Prior to the Distribution Date, Alltel and Spinco shall take or cause to be taken all actions necessary to cause the Spinco Employees to be employed by Spinco or a Spinco Subsidiary. Until the Distribution Date, Spinco shall continue to use existing salary or pay structures for Spinco Employees, including ordinary salary and pay adjustments in the normal course of business or salary or pay adjustments made in connection with a Spinco Employee’s 's change in responsibility or a change in structure of Spinco. Prior to the Distribution Date, Alltel shall designate those employees and other individuals who shall constitute Spinco Employees and Spinco Individuals for purposes of this Agreement. Alltel shall provide Spinco and the Company or their designated agents and the Steering Committee with the list of the individuals so designated (as well as information with respect to service and most recent annual compensation with the AT Co. Group) within 15 days prior to the Distribution Date.