Employee Plans and Benefit Arrangements. (a) From and after the Effective Time, subject to applicable law, the Surviving Corporation and its subsidiaries will honor obligations of the Company and its Subsidiaries incurred prior to the Effective Time under all existing Employee Plans and Benefit Arrangements (as defined in Section 3.14).
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Lee Thomas H Equity Fund Iii L P), Agreement and Plan of Merger (Decisionone Holdings Corp), Agreement and Plan of Merger (Donaldson Lufkin & Jenrette Inc /Ny/)
Employee Plans and Benefit Arrangements. (a) From and after the Effective Time, subject to applicable law, the Surviving Corporation and its subsidiaries will honor obligations of the Company and its Subsidiaries subsidiaries incurred prior to the Effective Time under all existing Employee Plans and Benefit Arrangements and International Plans (as defined in Section 3.14).
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Thermadyne Holdings Corp /De), Agreement and Plan of Merger (Thermadyne Holdings Corp /De), Agreement and Plan of Merger (Donaldson Lufkin & Jenrette Inc /Ny/)
Employee Plans and Benefit Arrangements. (a) From and after the Effective Time, subject to applicable law, the Surviving Corporation shall cause the Company and its subsidiaries will Subsidiaries to, and the Company and its Subsidiaries shall, honor the obligations of the Company and its Subsidiaries incurred prior to the Effective Time under all existing Employee Plans and Plans, Benefit Arrangements (as defined in Section 3.14)and International Plans.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Donaldson Lufkin & Jenrette Inc /Ny/), Agreement and Plan of Merger (Donaldson Lufkin & Jenrette Inc /Ny/)
