Common use of Employee Matters Agreement Clause in Contracts

Employee Matters Agreement. All matters relating to or arising out of any employee benefit, compensation or welfare arrangement in respect of any present and former employee of the PNX Group or the Spinco Group shall be governed by the Employee Matters Agreement substantially in the form of Exhibit A hereto, except as may be expressly stated herein. In the event of any inconsistency with respect to such matters between the Employee Matters Agreement and this Agreement or any Ancillary Agreement, the Employee Matters Agreement shall govern to the extent of the inconsistency.

Appears in 3 contracts

Samples: Separation Agreement, Plan of Reorganization and Distribution (Phoenix Companies Inc/De), Separation Agreement (Virtus Investment Partners, Inc.), Separation Agreement, Plan of Reorganization and Distribution (Virtus Investment Partners, Inc.)

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Employee Matters Agreement. All matters relating to or arising out of any employee benefit, compensation or welfare arrangement in respect of any present and former employee of the PNX Parent Group or the Spinco Group shall be governed by the Employee Matters Agreement substantially in the form of Exhibit A hereto, except as may be expressly stated herein. In the event of any inconsistency with respect to such matters between the Employee Matters Agreement and this Agreement or any Ancillary Agreement, the Employee Matters Agreement shall govern to the extent of the inconsistency.

Appears in 2 contracts

Samples: Separation Agreement and Plan of Distribution (Michigan Commerce Bancorp LTD), Separation Agreement and Plan of Distribution (Michigan Commerce Bancorp LTD)

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