Flexible Spending Account Plan. Until the Distribution Date, Roxio shall continue to be a Participating Company in the health care spending account and dependent care spending account (the "Adaptec Flexible Spending Accounts") of the Adaptec 125 Plan. Effective as of the Distribution Date, Roxio shall cause to be implemented and shall sponsor a Roxio health care spending account and dependent care spending account (the "Roxio Flexible Spending Accounts") for the benefit of Roxio Employees that is substantially similar to that of the Adaptec Flexible Spending Accounts.
Appears in 4 contracts
Samples: Employee Matters Agreement (Roxio Inc), Employee Matters Agreement (Adaptec Inc), Employee Matters Agreement (Roxio Inc)