Severance Plans. The Cognizant Group shall retain all Liabilities with respect to severance payments made or to be made to employees of the Cognizant Group who terminated employment prior to the Effective Time. The ACNielsen Group shall retain all Liabilities with respect to severance payments made or to be made to employees of the ACNielsen Group who terminated employment prior to the Effective Time. The D&B Group shall retain all Liabilities with respect to severance payments made or to be made to all other D&B Pre-Distribution Employees who terminated employment prior to the Effective Time. For purposes of this Section 5.3, the term "severance payments" shall include any welfare benefit coverage provided under severance plans.
Appears in 4 contracts
Samples: Employee Benefits Agreement (Dun & Bradstreet Corp), Employee Benefits Agreement (Cognizant Corp), Employee Benefits Agreement (Dun & Bradstreet Corp)
Severance Plans. The Cognizant Group shall retain all Liabilities with respect to severance payments made or to be made to employees of the Cognizant Group who terminated employment prior to the Effective Time. The ACNielsen Group shall retain all Liabilities with respect to severance payments made or to be made to employees of the ACNielsen Group who terminated employment prior to the Effective Time. The D&B Group shall retain all Liabilities with respect to severance payments made or to be made to all other D&B Pre-Distribution Employees who terminated employment prior to the Effective Time. For purposes of this Section 5.3, the term "severance payments" shall include any welfare benefit coverage provided under severance plans. 23 SECTION 5.4.
Appears in 1 contract
