Common use of Remainco Individual Arrangements Clause in Contracts

Remainco Individual Arrangements. RemainCo acknowledges and agrees that, except as otherwise provided herein, it shall have full responsibility with respect to any liabilities and the payment or performance of any obligations arising out of or relating to any employment, consulting, non-competition, retention or other compensatory arrangement previously provided by any member of the RemainCo Group or SpinCo Group to any RemainCo Participant, including life insurance policies not held in any trust and covering any RemainCo Participant.

Appears in 4 contracts

Samples: Employee Matters Agreement (Hillenbrand, Inc.), Employee Matters Agreement (Hill-Rom Holdings, Inc.), Employee Matters Agreement (Batesville Holdings, Inc.)

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Remainco Individual Arrangements. RemainCo Remainco acknowledges and agrees that, except as otherwise provided herein, it shall have full responsibility with respect to any liabilities Liabilities and the payment or performance of any obligations arising out of or relating to any employment, separation, severance, consulting, non-competition, retention or other compensatory arrangement previously provided by any member of the RemainCo Spinco Group or SpinCo Remainco Group to any RemainCo Participant, including life insurance policies not held in any trust and covering any RemainCo Remainco Participant.

Appears in 2 contracts

Samples: Employee Matters Agreement (At&t Inc.), Employee Matters Agreement (Discovery, Inc.)

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