Common use of Varex Retained Bonus Plans Clause in Contracts

Varex Retained Bonus Plans. No later than the Effective Time, the Varex Group shall continue to retain (or assume as necessary) any incentive plan for the exclusive benefit of Varex Employees, whether or not sponsored by the Varex Group, and, from and after the Effective Time, shall be solely responsible for all Liabilities thereunder.

Appears in 5 contracts

Samples: Employee Matters Agreement, Employee Matters Agreement (Varian Medical Systems Inc), Employee Matters Agreement (Varex Imaging Corp)

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