Common use of Scholarship Program Clause in Contracts

Scholarship Program. As of the Effective Time, New Ceridian shall have in place a scholarship program that is substantially the same as the scholarship program funded by the Corporation. New Ceridian shall assume the responsibility to provide the scholarships previously awarded under the Corporation's program to individuals who are related to New Ceridian Employees and Former New Ceridian Employees. The Corporation shall retain the responsibility to provide scholarships awarded under the Corporation's program to individuals who are related to Arbitron Employees and Former Arbitron Employees.

Appears in 6 contracts

Samples: Personnel Agreement (New Ceridian Corp), Personnel Agreement (New Ceridian Corp), Personnel Agreement (New Ceridian Corp)

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