Post-Distribution Date terminations. Subject to the provisions of ERISA and to Section 2.08(b) (governing post-Distribution transfers through May 31, 1998), Choice may, in the case of Choice Employees, and Manor Care may, in the case of Retained Employees, each in its sole discretion, make such decisions as it deems appropriate with respect to determining Service Credits and vacation and sick leave balances for such Employees who terminate employment from the other company after the Distribution Date.
Appears in 3 contracts
Samples: Employee Benefits & Other Employment Matters Allocation Agreement (Choice Hotels Holdings Inc), Employee Benefits & Other Employment Matters Allocation Agreement (Choice Hotels Holdings Inc), Employee Benefits & Other Employment Matters Allocation Agreement (Choice Hotels Holdings Inc)
Post-Distribution Date terminations. Subject to the ----------------------------------- provisions of ERISA and to Section 2.08(b) (governing post-Distribution transfers through May 31, 19981999), Choice may, in the case of Choice Employees, and Manor Care Sunburst may, in the case of Retained Employees, each in its sole discretion, make such decisions as it deems appropriate with respect to determining Service Credits and vacation and sick leave balances for such Employees who terminate employment from the other company after the Distribution Date.
Appears in 2 contracts
Samples: Employee Benefits & Other Employment Matters Allocation Agreement (Choice Hotels International Inc), Employee Benefits & Other Employment Matters Allocation Agreement (Choice Hotels Franchising Inc)
