Section 125 Plans. (a) CAFETERIA PLAN. Roxio shall, until the Distribution Date (or such other date as Roxio and Adaptec may mutually agree), continue to be a Participating Company in the Adaptec 125 Plan. Effective as of the Distribution Date, Roxio may establish, in its sole discretion, a Roxio 125 Plan for the benefit of Roxio Employees.
Appears in 4 contracts
Samples: Employee Matters Agreement (Roxio Inc), Employee Matters Agreement (Adaptec Inc), Employee Matters Agreement (Roxio Inc)
