Benefits and Other Matters. (i) XxxXxxxx will have the right to continue his participation in the Company’s group health coverage plan under the applicable COBRA regulations and the Company shall pay all applicable COBRA premiums for a period of twelve (12) consecutive months following the Effective Date.
Benefits and Other Matters. 4.1. Upon payment of the appropriate premiums, Bodnar will have the right to continue his participation in xxx Xompany's group health coverage plan under the applicable COBRA regulations.
Benefits and Other Matters. 28 7.11. Consummation of the Merger...........................................29
Benefits and Other Matters. (a) Following the Effective Time, Parent shall, and shall cause the SBC Companies to, recognize service with the Company and any of its respective Subsidiaries which prior to the date hereof has been recognized by the Company and/or such Subsidiaries (including service with Parent or its Affiliates) prior to the Effective Time for purposes of eligibility, participation and vesting under any benefit plans of Parent or the SBC Companies in which the particular employee or former employee of the Company or its respective Subsidiaries is eligible to participate to the same extent as if such service had been rendered to Parent or any of the SBC Companies; provided, however, that the foregoing shall not result in any duplication of benefits for the same period of service. From and after the Effective Time, Parent shall, and shall cause the SBC Companies to, recognize any and all eligible out-of-pocket expenses of each employee or former employee of the Company and its Subsidiaries for purposes of determining such employee's and former employee's (including their beneficiaries and dependents) deductible and co-payment expenses under Parent or any of the SBC Companies medical benefit plans in which they are eligible to participate. Parent shall waive, or cause to be waived, and shall cause the SBC Companies to waive, or cause to be waived, any pre-existing condition limitation under any welfare benefit plan maintained by Parent or any of the SBC Companies in which employees of Company and its Subsidiaries (and their respective eligible dependents) will be eligible to participate on or following the Effective Time to the extent such pre-existing condition limitation was waived or satisfied under the comparable plan of the Company or its Subsidiaries. Notwithstanding the foregoing, nothing in this Section 7.10 shall alter the benefits rights, obligations or status of any former SBC Company employee with respect to benefits in effect as a result of prior employment with or termination of employment with any SBC Company.
Benefits and Other Matters. SECTION 3.01.
Benefits and Other Matters. 4.1. Cracker Barrel shall continue to provide all group health insurance benefits for Xxxxxxx and his dependents at the same level as for other Cracker Barrel officers for the period ending September 30, 2006. Afterwards, upon payment of the appropriate premiums, Xxxxxxx will have the right to continue his participation in CBRL's group health coverage plan under the applicable COBRA regulations.
Benefits and Other Matters. 20 7.11.List of Certain Contracts .............................................. 22 ARTICLE VIII
Benefits and Other Matters. (a) It is the specific intention of the Company and the Parent that the compensation and benefit programs (including annual and long-term incentive programs) to be provided by BPA and the BPA Companies for current and former employees of the Company will be no less favorable in the aggregate than is provided to similarly situated U.S. employees of BPA and the BPA Companies.
Benefits and Other Matters. 5.1. Until the earlier of: (a) the end of the Consulting Term or (b) Xxxxxx'x obtaining other employment at which he receives health insurance benefits irrespective of their scope and coverage, CBRL, subject to Xxxxxx'x payment of contributions applicable to plan participants, shall continue to provide all group health and life insurance benefits for Xxxxxx and his dependents at the same level as for other CBRL senior level executives. Afterwards, CBRL will have no obligation to provide further life insurance benefits, but upon payment of the appropriate premiums, Xxxxxx will have the right to continue his participation in CBRL's group health coverage plan under the applicable COBRA regulations. Xxxxxx shall not be entitled to any other benefits as a consultant to CBRL.
Benefits and Other Matters. 29 4.8.1 Director and Officer Liability. ..................................... 29 4.8.2 Directors of Carnival and P&O Princess .............................. 30 4.8.3 Executive Officers .................................................. 30 4.9 Expenses ..................................................................... 30 4.10 Other Actions by Carnival and P&O Princess. .................................. 30 4.10.1 Dividends ........................................................... 30 4.10.2 Integration Planning ................................................ 31 4.11 Carnival Offer to Exchange ................................................... 31 4.11.1 Offer to Exchange ................................................... 31 4.11.2 Modification of the Offer, Fractional Shares ........................ 31 4.11.3 Expiration and Extension of the Offer Acceptance Period ............. 32 4.11.4 Acceptances by Carnival ............................................. 32 4.11.5 Schedule TO ......................................................... 32 4.11.6 P&O Princess Shareholder Information ................................ 32 4.11.7 Schedule 14D-9 ...................................................... 33 4.11.8 Termination of the Offer ............................................ 33 4.11.9 Adjustment of the Offer Exchange Ratio .............................. 33 ARTICLE V Conditions to the Closing ............................................... 33 5.1 Conditions to Each Party's Obligation to Effect the Closing .................. 33 5.1.1 Shareholder Approvals ............................................... 33 5.1.2 Regulatory Consents ................................................. 33 5.1.3 Laws and Orders ..................................................... 34 5.1.4 Carnival Amendments and P&O Princess Amendments ..................... 34 5.1.5 Approval of P&O Princess EGM Circular ............................... 34 5.1.6 Offer ............................................................... 34
