Employee Plans and Benefits and Employment Contracts. (a) From and after the Effective Time, the Surviving Corporation and its Subsidiaries will honor in accordance with their terms all existing employment, severance, consulting and salary continuation agreements between the Company or any of its Subsidiaries and any current or former officer, director, employee or consultant of the Company or any of its Subsidiaries or group of such officers, directors, employees or consultants.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Amfm Inc), Agreement and Plan of Merger (Jacor Communications Inc), Agreement and Plan of Merger (Clear Channel Communications Inc)
Employee Plans and Benefits and Employment Contracts. (a) From and after the Effective Time, the Surviving Corporation and its Subsidiaries subsidiaries will honor in accordance with their terms all existing employment, severance, consulting and salary continuation agreements between the Company or any of its Subsidiaries subsidiaries and any current or former officer, director, employee or consultant of the Company or any of its Subsidiaries subsidiaries or group of such officers, directors, employees or consultantsconsultants described in Sections 3.09 and 5.06(a) of the Disclosure Letter.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (New Grancare Inc), Agreement and Plan of Merger (Chase Equity Associates L P), Agreement and Plan of Merger (Living Centers of America Inc)
Employee Plans and Benefits and Employment Contracts. (a) From and after the Effective Time, the Surviving Corporation and its Subsidiaries subsidiaries will honor in accordance with their terms all existing employment, severance, consulting and salary continuation agreements between the Company or any of its Subsidiaries subsidiaries and any current or former officer, director, employee or consultant of the Company or any of its Subsidiaries subsidiaries or group of such officers, directors, employees or consultantsconsultants described in Section 5.06(a) of the Company Disclosure Letter.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Living Centers of America Inc), Agreement and Plan of Merger (New Grancare Inc), Agreement and Plan of Merger (Living Centers of America Inc)
Employee Plans and Benefits and Employment Contracts. (a) From and after the Effective Time, the Surviving Corporation and its Subsidiaries will honor in accordance with their terms all existing employment, severance, consulting and salary continuation agreements between the Company or any of its Subsidiaries and any current or former officer, director, employee or consultant of the Company or any of its Subsidiaries or group of such officers, directors, employees or consultantsconsultants described in Section 5.07(a) of the Company Disclosure Letter.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Mariner Health Group Inc), Agreement and Plan of Merger (Paragon Health Network Inc)
Employee Plans and Benefits and Employment Contracts. (a) From and after the Effective Time, the Surviving Corporation and its Subsidiaries subsidiaries will honor in accordance with their terms all existing written employment, severance, consulting and salary continuation agreements between the Company or any of its Subsidiaries subsidiaries and any current or former officer, director, employee or consultant of the Company or any of its Subsidiaries subsidiaries or group of such officers, directors, employees or consultantsconsultants described in Section 7.14(a) of the Company Disclosure Schedule.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Transamerican Waste Industries Inc)
