Motorola Pension Plan. (a) On the Reorganization Date and continuing through the Distribution Date, Freescale shall adopt and maintain the Motorola, Inc. Pension Plan (the “Motorola Pension Plan”) for the benefit of its eligible employees, and Motorola shall consent to such adoption and maintenance, in accordance with the terms of the Motorola Pension Plan. Immediately prior to the Distribution Date, each U.S. Transferred Employee and other Freescale employee shall cease to accrue benefits and to otherwise actively participate in the Motorola Pension Plan.
Appears in 4 contracts
Samples: Employee Matters Agreement (Freescale Semiconductor Inc), Employee Matters Agreement (Freescale Semiconductor Inc), Employee Matters Agreement (Motorola Inc)
