Amendment or Termination of Employee Benefit Plans Sample Clauses

Amendment or Termination of Employee Benefit Plans. Notwithstanding anything herein to the contrary, neither the FNT Group nor the FNF Group shall be restricted in any way from amending or, with 30 days advance written notice to the other Party, terminating, at any time or for any reason, their respective Employee Benefit Plans, in whole or in part, or with respect to any employee or group of employees.
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Amendment or Termination of Employee Benefit Plans. Except as otherwise expressly provided herein, nothing in this Agreement shall be construed as limiting the ability of CPC or Corn, as applicable, in its sole discretion, to amend or terminate any employee benefit plan, program or practice which it now maintains or may hereafter establish at any time or for any reason nor shall any provision of this Agreement be construed as creating a right in any CPC Employee or Corn Employee under any such plans, programs or practices which such Employee would not otherwise have under the terms of the plans, program or practice itself.
Amendment or Termination of Employee Benefit Plans. Notwithstanding anything herein to the contrary, neither the LPS Group nor the FIS Group shall be restricted in any way from amending or, with thirty (30) days’ advance written notice to the other Party, terminating, at any time or for any reason, their respective Employee Benefit Plans, in whole or in part, or with respect to any employee or group of employees; provided, however, that FIS shall provide LPS with at least thirty (30) days’ advance written notice before the effectiveness of any material amendment by FIS of any FIS Employee Benefit Plan in which Employees participate.
Amendment or Termination of Employee Benefit Plans. To the extent permitted by applicable Legal Requirements, upon the written request of Centrue Financial, ICB shall take such action as may be necessary to amend or terminate any ICB Employee Benefit Plan of ICB or any ICB Subsidiary on or before the Closing on terms reasonably acceptable to Centrue Financial; provided, however, that none of ICB nor any ICB Subsidiary shall be obligated to take any such requested action that is irrevocable until immediately prior to the Closing. ICB shall terminate the DirectorsRetirement Plan on or before the Closing and all actual and projected costs and expenses associated therewith shall be taken into account in calculating the Adjusted Shareholders’ Equity.
Amendment or Termination of Employee Benefit Plans. Except as -------------------------------------------------- otherwise expressly provided herein, nothing in this Agreement is intended or does in fact limit the ability of MRI, RTI, MFCI or MHCI, as applicable, in its sole discretion, from amending or terminating any employee benefit plan or fringe benefit arrangement which it now maintains or may hereafter establish at any time or for any reason nor does anything herein empower any party hereto to unilaterally reduce any vested benefits accrued by participants under such plans or arrangements prior to any such amendment or termination.
Amendment or Termination of Employee Benefit Plans. To the extent permitted by applicable Legal Requirements, upon the written request of Princeton, SBI shall take such action as may be necessary to amend or terminate any SBI Employee Benefit Plan on or before the Closing on terms reasonably acceptable to Princeton; provided, however, that none of SBI nor any SBI Subsidiary shall be obligated to take any such requested action that is irrevocable until immediately prior to the Closing.
Amendment or Termination of Employee Benefit Plans. Notwithstanding anything herein to the contrary, neither the FIS Group nor the FNF Group shall be restricted in any way from amending or terminating, at any time or for any reason, their respective Employee Benefit Plans, in whole or in part, or with respect to any employee or group of employees.
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Amendment or Termination of Employee Benefit Plans. Except as -------------------------------------------------- otherwise expressly provided herein, nothing in this Agreement is intended or does in fact limit the ability of Scout, New Scout or SNFCo, as applicable, in its sole discretion, from amending or terminating any employee benefit plan, arrangement or practice which it now maintains or may hereafter establish at any time or for any reason nor does anything herein empower any party hereto to unilaterally reduce any vested benefits accrued by participants under such plans, arrangements or practices prior to any such amendment or termination.
Amendment or Termination of Employee Benefit Plans. To the extent permitted by applicable Legal Requirements, upon the written request of Parent, GRB shall take such action as may be necessary to amend or terminate any GRB Employee Benefit Plan of GRB or any GRB Subsidiary on or before the Closing on terms reasonably acceptable to Parent; provided, however, that none of GRB nor any GRB Subsidiary shall be obligated to take any such requested action that is irrevocable until immediately prior to the Closing.
Amendment or Termination of Employee Benefit Plans. Notwithstanding anything herein to the contrary, neither the FIS Group nor the FNF Group shall be restricted in any way from amending or, with 30 days advance written notice to the other Party, terminating, at any time or for any reason, their respective Employee Benefit Plans, in whole or in part, or with respect to any employee or group of employees, provided that FNF shall provide FIS with at least 30 days’ prior written notice before the effectiveness of any material amendment by FNF of any FNF Employee Benefit Plan; provided, further, FNF shall not amend any FNF Employee Benefit Plan in a manner that materially changes the benefits provided to the U.S. Employees or Non-U.S. Employees or the cost of such benefits without the consent of FIS. In addition, upon reasonable prior written notice, FIS shall have the right in its sole discretion to terminate its participation in any FNF Employee Benefit Plan.
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