From and after the Effective Time. Buyer shall, and shall cause the Surviving Corporation and its Subsidiaries to, honor in accordance with their terms, the employment contracts (including without limitation the severance provisions therein) listed in Schedule 3.20 between the Company or one of the Company Subsidiaries and certain current or former directors, officers or employees thereof (true and correct copies of which have been delivered by the Company to Buyer).
Appears in 5 contracts
Samples: Merger Agreement (Phar Mor Inc), Merger Agreement (Pharmhouse Corp), Merger Agreement (Pharmhouse Corp)