Common use of Employee Benefit Plans and Agreements Clause in Contracts

Employee Benefit Plans and Agreements. (a) Parent agrees that it will cause the Surviving Corporation from and after the Effective Time to honor all Company Plans and all employment agreements entered into by the Company prior to the date hereof; provided, however, that nothing in this Agreement shall be interpreted as limiting the power of Parent or the Surviving Corporation to amend or terminate any Company Plan or any other individual employee benefit plan, program, agreement or policy or as requiring Parent or the Surviving Corporation to offer to continue (other than as required by its terms) any written employment contract.

Employee Benefit Plans and Agreements. (a) Parent agrees that it will cause the Surviving Corporation from and after the Effective Time to honor all Company Plans and all employment agreements entered into by the Company prior to the date hereofhereof and described in Section 3.12 of the Company Letter; provided, however, that nothing in this Agreement shall be interpreted as limiting the power of Parent or the Surviving Corporation to amend or terminate any Company Plan or any other individual employee benefit plan, program, agreement Contract or policy or as requiring Parent or the Surviving Corporation to offer to continue (other than as required by its terms) any written employment contract.

Employee Benefit Plans and Agreements. (a) Parent agrees that it will cause the Surviving Corporation Company from and after the Effective Time to honor all Company Plans and Plans, including all employment agreements entered into by the Company prior to the date hereofEmployee Agreements; provided, however, that nothing in this Agreement shall be interpreted as limiting the power of Parent or the Surviving Corporation Company to amend or terminate any Company Plan or any other individual employee benefit plan, program, agreement Contract or policy in accordance with its terms or as requiring Parent or the Surviving Corporation Company to offer to continue (other than as required by its terms) any written employment contract.

Employee Benefit Plans and Agreements. (a) Parent agrees that it will cause the Surviving Corporation from and after the Effective Time to honor all Company Plans and all employment agreements entered into by the Company prior to the date hereofPlans; provided, however, that nothing in this Agreement shall be interpreted as limiting the power of Parent or the Surviving Corporation to amend or terminate any Company Plan or any other individual employee benefit plan, program, agreement Contract or policy in accordance with its terms or as requiring Parent or the Surviving Corporation to offer to continue (other than as required by its terms) any written employment contract.

Employee Benefit Plans and Agreements. (a) Parent agrees that it will cause the Surviving Corporation from and after the Effective Time to honor all Company Plans and all employment agreements entered into by the Company prior to the date hereofPlans; providedprovided , howeverhowever , that nothing in this Agreement shall be interpreted as limiting the power of Parent or the Surviving Corporation to amend or terminate any Company Plan or any other individual employee benefit plan, program, agreement Contract or policy in accordance with its terms or as requiring Parent or the Surviving Corporation to offer to continue (other than as required by its terms) any written employment contract.