Common use of Contributions as of the Distribution Date Clause in Contracts

Contributions as of the Distribution Date. All contributions payable to the Duke Energy 401(k) Plan with respect to employee deferrals and contributions, matching contributions and other contributions for Spectra Energy Participants through the Distribution Date, determined in accordance with the terms and provisions of the Duke Energy 401(k) Plan, ERISA and the Code, shall be paid by Duke Energy to the Duke Energy 401(k) Plan prior to the date of the Asset transfer described in Sections 4.1(b) of this Agreement.

Appears in 3 contracts

Samples: Employee Matters Agreement (Duke Energy CORP), Employee Matters Agreement (Spectra Energy Corp.), Employee Matters Agreement (Spectra Energy Corp.)

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Contributions as of the Distribution Date. All contributions payable to the Duke Energy 401(k) Plan with respect to employee deferrals and contributions, matching contributions and other contributions for Spectra Energy GasCo Participants through the Distribution Date, determined in accordance with the terms and provisions of the Duke Energy 401(k) Plan, ERISA and the Code, shall be paid by Duke Energy to the Duke Energy 401(k) Plan prior to the date of the Asset transfer described in Sections 4.1(b) of this Agreement.

Appears in 1 contract

Samples: Employee Matters Agreement (Spectra Energy Corp.)

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