Employment Policies and Practices. Subject to the provisions of ERISA and Sections 2.01(b) on Service Credits and 2.04(e) and 2.08(b) governing post-Distribution transfers through May 31, 1998, Choice and Manor Care may adopt, continue, modify or terminate such employment policies, compensation practices, retirement plans, welfare benefit plans, and other employee benefit plans of any kind or description, as each may determine, in its sole discretion, are necessary and appropriate.
Appears in 3 contracts
Samples: Employee Benefits & Other Employment Matters Allocation Agreement (Choice Hotels Holdings Inc), Employee Benefits & Other Employment Matters Allocation Agreement (Choice Hotels Holdings Inc), Employee Benefits & Other Employment Matters Allocation Agreement (Choice Hotels Holdings Inc)
Employment Policies and Practices. Subject to the --------------------------------- provisions of ERISA and Sections 2.01(b) on Service Credits and 2.04(e) and 2.08(b) governing post-Distribution transfers through May 31, 19981999, Choice and Manor Care Sunburst may adopt, continue, modify or terminate such employment policies, compensation practices, retirement plans, welfare benefit plans, and other employee benefit plans of any kind or description, as each may determine, in its sole discretion, are necessary and appropriate.
Appears in 2 contracts
Samples: Employee Benefits & Other Employment Matters Allocation Agreement (Choice Hotels International Inc), Employee Benefits & Other Employment Matters Allocation Agreement (Choice Hotels Franchising Inc)