Common use of Termination of Participating Company Status Clause in Contracts

Termination of Participating Company Status. Except as specified otherwise in this Agreement or as mutually agreed upon by Roxio and Adaptec, effective as of the Distribution Date, Roxio shall automatically cease to be a Participating Company in any and all Adaptec Plans.

Appears in 4 contracts

Samples: Employee Matters Agreement (Roxio Inc), Employee Matters Agreement (Roxio Inc), Employee Matters Agreement (Roxio Inc)

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Termination of Participating Company Status. Except as specified otherwise in this Agreement or as mutually agreed upon by Roxio and Adaptec, effective as of the Distribution Date, Roxio shall automatically cease to be a Participating Company in any and all Adaptec Plans.

Appears in 1 contract

Samples: Employee Matters Agreement (Roxio Inc)

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