Common use of Employee Pension Benefit Plans Clause in Contracts

Employee Pension Benefit Plans. The benefits under any Employee Pension Benefit Plan (as defined in Section 3(2) of ERISA) maintained by Seller which have accrued to any Transferred Employee as of the Closing Date shall be frozen as of a date not later than 15 days after the Closing Date and no further benefits shall accrue under any such Employee Pension Benefit Plan with respect to such Transferred Employee. Buyer assumes no responsibility with respect to any such Employee Pension Benefit Plan.

Employee Pension Benefit Plans. The benefits under any Employee Pension Benefit Plan (as defined in Section 3(2) of ERISA) maintained by Seller which have accrued to any Transferred Employee as of the Closing Date shall be frozen as of a date not later than 15 days after the Closing Date and no further benefits shall accrue under any such Employee Pension Benefit Plan with respect to such Transferred Employee. Buyer assumes no responsibility with respect to any such Employee Pension Benefit Plan.

Employee Pension Benefit Plans. The benefits under any Employee Pension Benefit Plan (as defined in Section 3(2) of ERISA) maintained by Seller which have accrued to any Transferred Employee as of the Closing Date shall be frozen as of a date not later than 15 days after the Closing Date and no further benefits shall accrue under any such Employee Pension Benefit Plan with respect to such Transferred Employee. Buyer assumes no responsibility with respect to any such Employee Pension Benefit PlanExhibit 10.3 (cont.)

Employee Pension Benefit Plans. The benefits benefit under any Employee Pension Benefit Plan (as defined in Section 3(2) of ERISA) maintained by Seller the Company which have accrued to any Transferred Employee employee as of the Closing Date shall be frozen as of a date not later than 15 days after the Closing Date and no further benefits shall accrue under any such Employee Pension Benefit Plan with respect to such Transferred Employee. Buyer assumes no responsibility with respect to any such Employee Pension Benefit Plan.

Employee Pension Benefit Plans. The benefits under any Employee Pension Benefit Plan (as defined in Section 3(2) of ERISA) maintained by Seller either Sellers which have accrued to any Transferred Employee as of the Closing Date shall be frozen as of a date not later than 15 days after the Closing Date and no further benefits shall accrue under any such Employee Pension Benefit Plan with respect to such Transferred Employee. Buyer assumes no responsibility with respect to any such Employee Pension Benefit Plan.