Stock-Based Employee Benefit Plans. At or prior to the Distribution Date, Valero and Corner Store shall take all actions as may be necessary to approve the stock-based employee benefit plans of Corner Store in order to satisfy the requirements of Rule 16b-3 under the Exchange Act and the applicable rules and regulations of the NYSE.
Appears in 4 contracts
Samples: Separation and Distribution Agreement, Separation and Distribution Agreement (CST Brands, Inc.), Separation and Distribution Agreement (CST Brands, Inc.)