401(k) Plan Matters. (a) From the A/L Split Date and continuing until such time as Parent ceases to own at least 80% of the combined voting power of the outstanding Xxxx Capital Stock (such date or such earlier date agreed to in writing by Xxxx and Parent, the “Plan Milestone Date”), Xxxx adopts, and shall participate in as an Adopting Employer (as defined in the Parent 401(k) Plan), the Parent 401(k) Plan for the benefit of Xxxx Employees and Former Xxxx Employees, and Parent consents to such adoption and maintenance, in accordance with the terms of the Parent 401(k) Plan.
Appears in 4 contracts
Samples: Employee Matters Agreement (Netgear, Inc), Employee Matters Agreement (Arlo Technologies, Inc.), Employee Matters Agreement (Arlo Technologies, Inc.)
