Common use of Employment and Benefit Arrangements Clause in Contracts

Employment and Benefit Arrangements. (a) From and after the Effective Time, Parent shall cause the Surviving Corporation to honor all employment, severance, termination and retirement agreements to which the Company is a party, as such agreements are in effect on the date hereof.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Tyco International LTD), Agreement and Plan of Merger (Rgi Holdings Inc), Agreement and Plan of Merger (Legend Properties Inc)

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Employment and Benefit Arrangements. (a) From and after the ----------------------------------- Effective Time, Parent shall cause the Surviving Corporation to honor all employment, severance, termination and retirement agreements to which the Company is a party, as such agreements are in effect on the date hereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Earth Technology Corp Usa), Agreement and Plan of Merger (Tyco International LTD)

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