Common use of Spinco Amendment Authority Clause in Contracts

Spinco Amendment Authority. Except as otherwise provided in this Agreement or in the Distribution Agreement, nothing in this Agreement is intended to prohibit Spinco or the Spinco Group from amending or terminating any employee benefit plans, policies, and compensation programs at any time after the Distribution Date.

Appears in 4 contracts

Samples: Employee Benefits Agreement (Valor Communications Group Inc), Employee Benefits Agreement (Alltel Corp), Employee Benefits Agreement (Alltel Corp)

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