Common use of Obligations of Tribune; Continuance of Benefits Clause in Contracts

Obligations of Tribune; Continuance of Benefits. For a period of one year immediately following the Effective Time, the coverage and benefits provided to employees and former employees of the Company and its Subsidiaries ("Company Employees") pursuant to employee benefits plans or arrangements maintained by Tribune or any of its Subsidiaries shall be no less favorable, in the aggregate, than those provided to such employees immediately prior to the Effective Time. Except as provided in Section 3.4 and 6.9(c), notwithstanding the foregoing, nothing herein shall require (i) the continuation of any particular benefit plan or prevent the amendment or termination thereof (subject to the maintenance, in the aggregate, of the benefits, or (ii) Tribune to continue or maintain any stock option, stock purchase or other incentive plan related to the equity of the Company.

Obligations of Tribune; Continuance of Benefits. For a period of one year immediately following the Effective Time, the coverage and benefits provided to employees and former employees of the Company and its Subsidiaries ("Company Employees") pursuant to employee benefits plans or arrangements maintained by Tribune or any of its Subsidiaries shall be no less favorable, in the aggregate, than those provided to such employees immediately prior to the Effective Time. Except as provided in Section Sections 3.4 and 6.9(c), notwithstanding the foregoing, nothing herein shall require (i) the continuation of any particular benefit plan or prevent the amendment or termination thereof (subject to the maintenance, in the aggregate, of the benefits, or (ii) Tribune to continue or maintain any stock option, stock purchase or other incentive plan related to the equity of the Company.