Other Employee Benefit Plans and Arrangements. Except as set forth in Schedule 3.16(C), Seller does not sponsor, maintain, support, is otherwise a party to, or has any liability or contingent liability under any plan, program, fund, arrangement or contractual undertaking, whether for the benefit of a single individual or for more than one individual, and whether or not funded, which is in the nature of (i) an employee pension benefit plan, (ii) an employee welfare benefit plan (as defined in section 3(1) of ERISA) or (iii) any incentive or other benefit arrangement for any of its employees, their dependents and/or their beneficiaries.
Other Employee Benefit Plans and Arrangements. The benefits, if any, payable to or on behalf of Employee upon his termination of employment from Employer under any other employee benefit plans and arrangements not specifically provided for herein shall be governed by the terms and conditions for benefit payments set forth in such plans and arrangements.
Other Employee Benefit Plans and Arrangements. Effective as of the Effective Time: (i) AINC transfers, assigns and delegates to New Holdco, and New Holdco hereby assumes, each of AINC’s other employee benefit plans and arrangements and all rights and obligations of AINC thereunder, if any, by AINC to New Holdco prior to the Effective Time; and (ii) New Holdco hereby assumes and agrees to perform the obligations of AINC thereunder upon the same terms and conditions as set forth in each such designated plan and arrangement as in effect at the Effective Time.
Other Employee Benefit Plans and Arrangements. New Parent shall assume each of Existing Parent’s other employee benefit plans and arrangements and the obligations of Existing Parent thereunder upon the same terms and conditions as set forth in such plans and arrangements as in effect at the Effective Time.
Other Employee Benefit Plans and Arrangements. Except as set forth in Schedule 3.16(a), neither the Seller nor any subsidiary sponsors, maintains, supports, is otherwise a party to, or has any liability or contingent liability under any plan, program, fund, arrangement or contractual undertaking, whether for the benefit of a single individual or for more than one individual, and whether or not funded, which is in the nature of (i) an employee pension benefit plan, (ii) an employee welfare benefit plan (as defined in Section 391) of ERISA) or (iii) any incentive or other benefit arrangement for employees, their dependents and/or their beneficiaries or (iv) any of the types of plans identified in the following list, or plans similar in nature or intent thereto:
(1) cash bonus or incentive pay arrangements (current or deferred, earned or contingent); (2) debt forgiveness or low-interest (or interest-free) loans; (3) stock bonus plan arrangements (including, but not limited to, arrangements known as ESOPs and /or TRASOPS); (4) employee stock purchase plans; (5) employee stock warrants, rights, options, or put options.
Other Employee Benefit Plans and Arrangements. The benefits, if --------------------------------------------- any, payable to or on behalf of Consultant upon his termination of engagement from the Company under any other employee benefit plans and arrangements not specifically provided for herein shall be governed by the terms and conditions for benefit payments set forth in such plans and arrangements.
Other Employee Benefit Plans and Arrangements. Effective as of the Effective Time, (i) A&B hereby assigns to A&B REIT Holdings, and A&B REIT Holdings hereby assumes, each of A&B’s other employee benefit plans and arrangements and (ii) A&B REIT Holdings hereby assumes and agrees to perform the obligations of A&B thereunder upon the same terms and conditions as set forth in such plans and arrangements as in effect at the Effective Time.
Other Employee Benefit Plans and Arrangements. Except as set forth on the Employees Schedule, the Company does not sponsor, maintain, support, nor is it otherwise a party to, or have any liability under any plan, program, fund, arrangement or contractual undertaking, whether for the benefit of a single individual or for more than one individual, and whether or not funded, which is in the nature of (i) an employee pension benefit plan, (ii) an employee welfare benefit plan (as defined in Section 3(1) of ERISA) or (iii) any incentive or other benefit arrangement for employees, their dependents and/or their beneficiaries.
Other Employee Benefit Plans and Arrangements. Pike (North Carolina) shall assume each of Pike (Delaware)’s other employee benefit plans and arrangements and the obligations of Pike (Delaware) thereunder upon the same terms and subject to the same conditions as set forth in such plans and arrangements as in effect at the Effective Date and Time.
Other Employee Benefit Plans and Arrangements. Ashland Global shall assume each of Ashland’s other employee benefit plans and arrangements and the obligations of Ashland thereunder upon the same terms and conditions as set forth in such plans and arrangements as in effect at the Effective Time.
