Employee Plans and Benefits and Employment Contracts. (a) From and after the Effective Time, Parent shall cause the Surviving Corporation to honor in accordance with their terms all existing employment, severance, consulting or other compensation agreements, plans or contracts between the Company or any Subsidiary and any officer, director or employee of the Company or any Subsidiary set forth on Section 5.06 of the Company Disclosure Schedule.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Merck & Co Inc), Agreement and Plan of Merger (Shopko Stores Inc), Agreement and Plan of Merger (Merck & Co Inc)
