Other Cash Incentive Plans. (i) No later than the Effective Time, the Parent Group shall continue to retain (or assume as necessary) any cash incentive plan for the exclusive benefit of Parent Group Employees and Former Parent Group Employees, whether or not sponsored by the Parent Group, and, from and after the Effective Time, shall be solely responsible for all Liabilities thereunder.
Appears in 8 contracts
Samples: Employee Matters Agreement (Aramark), Employee Matters Agreement (Vestis Corp), Employee Matters Agreement (Vestis Corp)
Other Cash Incentive Plans. (i) No later than the Effective Time, the Parent Group shall continue to retain (or assume as necessary) any cash incentive plan that is for the exclusive benefit of Parent Group Employees and Former Parent Group Employees, whether or not sponsored by the Parent Group, Employees and, from and after the Effective Time, shall be solely responsible for all Liabilities thereunder.
Appears in 3 contracts
Samples: Employee Matters Agreement (Knife River Holding Co), Employee Matters Agreement (Mdu Resources Group Inc), Employee Matters Agreement (Knife River Holding Co)
