Tax Benefits Plan. The Company shall have taken all action necessary to terminate the Tax Benefits Plan effective immediately prior to the Effective Time or otherwise amend the Tax Benefits Plan such that no rights provided for in such plan are exercisable in connection with or following the transactions contemplated by this Agreement.
Appears in 4 contracts
Samples: Merger Agreement (Entegra Financial Corp.), Merger Agreement (Entegra Financial Corp.), Merger Agreement (Smartfinancial Inc.)