Certain Employee Agreements. (a) Subject to Section 5.11(d), Lil Marc and its subsidiaries shall honor, without modification, all contracts, agreements, collective bargaining agreements and commitments of ITI and its subsidiaries that apply to any current or former employees or current or former directors of ITI and its subsidiaries; provided, however, that this undertaking is not intended to prevent Lil Marc from enforcing such contracts, agreements, collective bargaining agreements and commitments in accordance with their terms, or from enforcing any right to amend, modify, suspend, revoke or terminate any such contract, agreement, collective bargaining agreement or commitment.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Lil Marc Inc), Agreement and Plan of Merger (Lil Marc Inc), Agreement and Plan of Merger (Lil Marc Inc)
