Not a Change in Control. The Parties hereto acknowledge and agree that the transactions contemplated by the Separation Agreement and this Agreement do not constitute a “change in control” for purposes of any PNX Benefit Plan, PNX Stock Plan, Spinco Stock Plan or Spinco Benefit Plan.
Appears in 4 contracts
Samples: Employee Matters Agreement, Employee Matters Agreement (Phoenix Companies Inc/De), Employee Matters Agreement (Virtus Investment Partners, Inc.)
Not a Change in Control. The Parties hereto acknowledge and agree that the transactions contemplated by the Separation Agreement and this Agreement do not constitute a “change in control” for purposes of any PNX Parent Benefit Plan, PNX Parent Stock Plan, Spinco Stock Plan or Spinco Benefit Plan.
Appears in 2 contracts
Samples: Employee Matters Agreement (Michigan Commerce Bancorp LTD), Employee Matters Agreement (Michigan Commerce Bancorp LTD)
