Old Plans Clause Samples

The "Old Plans" clause defines how previous versions of plans, agreements, or arrangements are treated under a new contract or updated terms. Typically, this clause clarifies whether earlier plans are superseded, remain in effect for certain obligations, or are entirely replaced by the new agreement. For example, it may specify that any benefits, rights, or obligations under prior plans are no longer valid once the new plan is adopted. The core function of this clause is to prevent confusion or disputes by clearly stating the status of old plans, ensuring all parties understand which terms govern their relationship moving forward.