Seller Benefit Plans. From and after the Closing, the Business Employees shall cease to be active participants in the Seller Benefit Plans that are not Company Benefit Plans. Except as otherwise expressly set forth in this Article VI, the Seller Group shall assume or retain, and indemnify and hold harmless Purchaser and its Affiliates (including the Company) in respect of, all assets and Liabilities related to Seller Benefit Plans that are not Company Benefit Plans.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Nextera Energy Inc), Stock Purchase Agreement (Gulf Power Co)
Seller Benefit Plans. From and after the Closing, the Business Company Employees shall cease to be active participants in the Seller Benefit Plans that are not Company Benefit Plans. Except as otherwise expressly set forth in this Article VIArticle VI, the Seller Group shall assume or retain, and indemnify and hold harmless Purchaser Parent and its Affiliates (including the Company) in respect of, all assets and Liabilities related to Seller Benefit Plans that are not Company Benefit Plans.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Gulf Power Co), Stock Purchase Agreement (Nextera Energy Inc)
Seller Benefit Plans. From and after the Closing, the Business Company Employees shall cease to be active participants in the Seller Benefit Plans that are not Company Benefit Plans. Except as otherwise expressly set forth in this Article VIArticle VI, the Seller Group shall - 57 - assume or retain, and indemnify and hold harmless Purchaser Parent and its Affiliates (including the Company) in respect of, all assets and Liabilities related to Seller Benefit Plans that are not Company Benefit Plans.. (b)
Appears in 1 contract
Samples: Stock Purchase Agreement
Seller Benefit Plans. From and after the Closing, the Business Employees shall cease to be active participants in the Seller Benefit Plans that are not Company Business Benefit Plans. Except as otherwise expressly set forth in this Article Article VI, the Seller Group shall assume or retain, and indemnify and hold harmless Purchaser Parent and its Affiliates (including the CompanyCompanies) in respect of, all assets and Liabilities related to Seller Benefit Plans that are not Company Business Benefit Plans.. (b)
Appears in 1 contract
Samples: Equity Interest Purchase Agreement
Seller Benefit Plans. From and after the Closing, the Business Employees shall cease to be active participants in the Seller Benefit Plans that are not Company Business Benefit Plans. Except as otherwise expressly set forth in this Article Article VI, the Seller Group shall assume or retain, and indemnify and hold harmless Purchaser Parent and its Affiliates (including the CompanyCompanies) in respect of, all assets and Liabilities related to Seller Benefit Plans that are not Company Business Benefit Plans.
Appears in 1 contract
