Common use of Severance Agreements Clause in Contracts

Severance Agreements. CRA shall, prior to or on the Closing Date, amend the Severance Pay Plan, or enter into appropriate agreements, to provide that any Person who has entered into an Executive Severance Agreement shall be excluded from, and shall not be entitled to, without limitation, any payments or benefits under the Severance Pay Plan.

Appears in 3 contracts

Sources: Merger Agreement (Stage Stores Inc), Merger Agreement (Stage Stores Inc), Merger Agreement (Anthony C R Co)