Establishment and Maintenance of Tronox Employee Benefit Plans. Effective as of the Offering Date, Tronox shall adopt, or cause to be adopted, the Tronox Stock Plans for the benefit of Tronox Individuals and other current and future employees of Tronox and the Tronox Entities. Effective Immediately after the Distribution Date, Tronox shall adopt, or cause to be adopted, the remaining Tronox Employee Benefit Plans for the benefit of Transferred Individuals and other current and future employees (and Non-Employee Directors) of Tronox and the Tronox Entities. The Tronox Employee Benefit Plans, as in effect immediately after their effective dates, need not be substantially similar in any respect to the corresponding Xxxx-XxXxx Employee Benefit Plans as in effect immediately before the effective dates of the Tronox Employee Benefit Plans, except as follows:
Appears in 4 contracts
Samples: Employee Benefits Agreement, Employee Benefits Agreement (Tronox Inc), Employee Benefits Agreement (Tronox Inc)
