Automobile Program. As of the Distribution Date, SpinCo shall assume all of Parent's Liabilities and obligations with respect to the motor vehicles leased by Parent for Transferred Individuals pursuant to lease agreements under any Parent executive automobile program.
Appears in 3 contracts
Sources: Employee Benefits Agreement (First National Bankshares of Florida Inc), Employee Benefits Agreement (First National Bankshares of Florida Inc), Employee Benefits Agreement (FNB Corp/Fl/)