Common use of Filipovic Canadian Benefits Clause in Contracts

Filipovic Canadian Benefits. Purchaser agrees to assume and continue the employment arrangement of Mxxx Xxxxxxxxx, as set forth in a letter dated May 2, 2007, a copy of which is attached as Schedule 6.10, including providing the Canadian pension plan benefits described therein, either through Purchaser’s Canadian defined contribution pension plan or a comparable Canadian pension plan arrangement established by Purchaser. Seller and Purchaser shall cooperate in transferring to Purchaser’s group RSP plan, the assets and applicable records related to Mxxx Xxxxxxxxx’x interest in Seller’s Canadian defined contribution plan that currently covers Mxxx Xxxxxxxxx.

Appears in 3 contracts

Samples: Asset and Stock Purchase Agreement (Catalyst Paper Corp), Asset and Stock Purchase Agreement (Catalyst Paper Corp), Asset and Stock Purchase Agreement (AbitibiBowater Inc.)

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Filipovic Canadian Benefits. Purchaser agrees to assume and continue the employment arrangement of Mxxx Xxxx Xxxxxxxxx, as set forth in a letter dated May 2, 2007, a copy of which is attached as Schedule 6.10, including providing the Canadian pension plan benefits described therein, either through Purchaser’s Canadian defined contribution pension plan or a comparable Canadian pension plan arrangement established by Purchaser. Seller and Purchaser shall cooperate in transferring to Purchaser’s group RSP plan, the assets and applicable records related to Mxxx Xxxx Xxxxxxxxx’x interest in Seller’s Canadian defined contribution plan that currently covers Mxxx Xxxx Xxxxxxxxx.

Appears in 1 contract

Samples: Asset and Stock Purchase Agreement (AbitibiBowater Inc.)

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