Employment and Employee Benefits Matters. (a) As of the Effective Time, the obligations of the Company and its subsidiaries under each Company Plan and Employment Agreement shall continue as obligations of the Surviving Corporation and its subsidiaries, respectively.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Reh Mergersub Inc), Agreement and Plan of Merger (Reh Mergersub Inc)
Employment and Employee Benefits Matters. (a) As of the Effective Time, the obligations of the Company and its subsidiaries Subsidiaries under each Company Plan Plan, Employment Agreement and New Employment Agreement shall continue as obligations of the Surviving Corporation and its subsidiariesSubsidiaries, respectively.
Appears in 2 contracts
Samples: Agreement and Plan of Merger and Recapitalization (Blount Winton M), Agreement and Plan of Merger and Recapitalization (Blount International Inc)