Transfer of Obligations/Liabilities. Effective as of the date of establishment of the Spinco Executive Plan, the obligations and liabilities with respect to Spinco Employees and Spinco Individuals under the Executive Deferred Compensation Plan shall be transferred to and assumed by the Spinco Executive Plan.
Appears in 2 contracts
Samples: Employee Benefits Agreement (Alltel Corp), Employee Benefits Agreement (Windstream Corp)
Transfer of Obligations/Liabilities. Effective as of the date of establishment of the Spinco Executive 1998 Management Plan, the obligations and liabilities with respect to Spinco Employees and Spinco Individuals under the Executive 1998 Management Deferred Compensation Plan shall be transferred to and assumed by the Spinco Executive 1998 Management Plan.
Appears in 2 contracts
Samples: Employee Benefits Agreement (Windstream Corp), Employee Benefits Agreement (Alltel Corp)