Common use of Tenneco Benefits Protection Program and Rabbi Trust Clause in Contracts

Tenneco Benefits Protection Program and Rabbi Trust. The Tenneco Inc. Benefits Protection Trust (the "BPT") and the Tenneco Inc. Rabbi Trust (collectively the "Trusts") shall be terminated prior to the Distribution, and neither Packaging Company nor Automotive Company shall have any liability with respect to either of the Trusts or any of the terms of either.

Appears in 7 contracts

Samples: Human Resources Agreement (Tenneco Packaging Inc), Distribution Agreement (Tenneco Packaging Inc), Human Resources Agreement (Tenneco Packaging Inc)

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Tenneco Benefits Protection Program and Rabbi Trust. The Tenneco Inc. --------------------------------------------------- Benefits Protection Trust (the "BPT") and the Tenneco Inc. Rabbi Trust (collectively the "Trusts") shall be terminated prior to the Distribution, and neither Packaging Company nor Automotive Company shall have any liability with respect to either of the Trusts or any of the terms of either.

Appears in 1 contract

Samples: Human Resources Agreement (Tenneco Packaging Inc)

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