NON-EMPLOYEE DIRECTOR BENEFITS. The parties intend that all Water Pik Non-Employee Directors who were ATI Non-Employee Directors prior to the Distribution Date may continue to serve as ATI Non-Employee Directors. In furtherance of such intention, ATI shall retain all Benefit Liabilities with respect to the services of its Non-Employee Directors under the ATI Non-Employee Director Plans accrued as of the Distribution Date. Water Pik assumes no Benefit Liabilities under the ATI Non-Employee Director Plans.
NON-EMPLOYEE DIRECTOR BENEFITS. The parties intend that all Teledyne Technologies Non-Employee Directors who were ATI Non-Employee Directors prior to the Distribution Date may continue to serve as ATI Non-Employee Directors. In furtherance of such intention, ATI shall retain all Benefit Liabilities with respect to the services of its Non-Employee Directors under the ATI Non-Employee Director Plans accrued as of the Distribution Date. Teledyne Technologies assumes no Benefit Liabilities under the ATI Non-Employee Director Plans.
NON-EMPLOYEE DIRECTOR BENEFITS. 29 (a) Non-Employee Director Deferred Stock Unit Plan.............................................29 (b) Non-Employee Directors' Stock Option Plan..................................................29
NON-EMPLOYEE DIRECTOR BENEFITS. (A) NON-EMPLOYEE DIRECTOR DEFERRED STOCK UNIT PLAN Effective not later than the Close of the Distribution Date, Spinco shall establish a Spinco non-employee director deferred stock unit plan that is substantially identical in all Material Respects to the National Service Industries, Inc. Non-Employee Director Deferred Stock Unit Plan, and Spinco shall assume and be solely responsible for all Liabilities under the NSI Non-Employee Director Deferred Stock Unit Plan relating to individuals who become non-employee directors of Spinco (and certain former non-employee directors of NSI). The deferred stock units of NSI Common Stock relating to non-employee directors of Spinco shall be converted into deferred stock units of Spinco Common Stock in an equitable manner as determined by Spinco.
NON-EMPLOYEE DIRECTOR BENEFITS. The parties intend that all Spinco Non-Employee Directors who were ATI Non-Employee Directors prior to the Distribution Date may continue to serve as ATI Non-Employee Directors. In furtherance of such intention, ATI shall retain all Benefit Liabilities with respect to the services of its Non-Employee Directors under the ATI Non-Employee Director Plans accrued as of the Distribution Date. Spinco assumes no Benefit Liabilities under the ATI Non-Employee Director Plans.
NON-EMPLOYEE DIRECTOR BENEFITS. (a) Non-Employee Director Deferred Compensation Plan
NON-EMPLOYEE DIRECTOR BENEFITS. 25 6.6 Rabbi Trust........................................................................................... 27
NON-EMPLOYEE DIRECTOR BENEFITS. As of the Distribution Date, MOD-PAC shall assume and be solely responsible for all Liabilities under the Non-Employee Director Plan to or relating to MOD-PAC Non-Employee Directors.
NON-EMPLOYEE DIRECTOR BENEFITS. Rabbi Trust a. Establishment of Mirror Rabbi Trust b. Funding of Avaya Rabbi Trust
NON-EMPLOYEE DIRECTOR BENEFITS. As of the Distribution Date, Avaya shall assume and be solely responsible for all Liabilities under the Non-Employee Director Plan to or relating to Avaya Non-Employee Directors.
