Termination of Participating Company Status. Unless otherwise provided in this Agreement, to the extent applicable, effective as of the Close of the Distribution Date, SpinCo and each member of the SpinCo Group shall cease to be a Participating Company in any of the Acuity Plans remaining with Acuity, and Acuity and each member of the Acuity Group shall cease to be a Participating Company in any Plan assumed by SpinCo or a member of the SpinCo Group.
Appears in 3 contracts
Samples: Employee Benefits Agreement (Zep Inc.), Employee Benefits Agreement (Zep Inc.), Employee Benefits Agreement (Acuity SpinCo, Inc.)
Termination of Participating Company Status. Unless otherwise provided in this Agreement, to the extent applicable, effective as of the Close of the Distribution Date, SpinCo and each member of the SpinCo Group shall cease to be a Participating Company in any of the Acuity Parent Plans remaining with AcuityParent, and Acuity Parent and each member of the Acuity Parent Group shall cease to be a Participating Company in any Plan assumed by SpinCo or a member of the SpinCo Group.
Appears in 2 contracts
Samples: Employee Benefits Agreement (FNB Corp/Fl/), Employee Benefits Agreement (First National Bankshares of Florida Inc)
