Common use of Spinco Individual Arrangements Clause in Contracts

Spinco Individual Arrangements. SpinCo 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 SpinCo Participant, including life insurance policies not held in any trust and covering any SpinCo 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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Spinco Individual Arrangements. SpinCo Spinco 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 MSG Networks Group or SpinCo Spinco Group to any SpinCo Participant, including life insurance policies not held in any trust and covering any SpinCo Spinco Participant.

Appears in 4 contracts

Samples: Employee Matters Agreement (Madison Square Garden Entertainment Corp.), Employee Matters Agreement (Madison Square Garden Co), Employee Matters Agreement (MSG Spinco, Inc.)

Spinco Individual Arrangements. SpinCo Spinco 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 Vector Group or SpinCo Spinco Group to any SpinCo Participant, including life insurance policies not held in any trust and covering any SpinCo Spinco Participant.

Appears in 4 contracts

Samples: Employee Matters Agreement (Douglas Elliman Inc.), Employee Matters Agreement (Douglas Elliman Inc.), Employee Matters Agreement (Douglas Elliman Inc.)

Spinco Individual Arrangements. SpinCo Spinco 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 MSG Entertainment Group or SpinCo Spinco Group to any SpinCo Participant, including life insurance policies not held in any trust and covering any SpinCo Spinco Participant.

Appears in 3 contracts

Samples: Employee Matters Agreement (MSGE Spinco, Inc.), Employee Matters Agreement (Madison Square Garden Entertainment Corp.), Employee Matters Agreement (MSGE Spinco, Inc.)

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Spinco Individual Arrangements. SpinCo Spinco 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 MSGS Group or SpinCo Spinco Group to any SpinCo Participant, including life insurance policies not held in any trust and covering any SpinCo Spinco Participant.

Appears in 3 contracts

Samples: Employee Matters Agreement (MSG Entertainment Spinco, Inc.), Employee Matters Agreement (Madison Square Garden Co), Employee Matters Agreement (MSG Entertainment Spinco, Inc.)

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