Common use of Employees of Company Clause in Contracts

Employees of Company. (a) As soon as reasonably practicable after the Effective Time, but in any event not later than January 1, 1999, Acquiror shall provide employee benefit plans and arrangements to employees of the Company and its subsidiaries that are similar to the employee benefit plans and arrangements of Acquiror for similarly situated employees of the Acquiror as in effect immediately prior to the Effective Time.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Owen H Dean Jr), Agreement and Plan of Merger (Core Laboratories N V)

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Employees of Company. (a) As soon as reasonably practicable after the Effective Time, but in any event not later than January 1, 19992000, Acquiror shall provide employee benefit plans and arrangements to employees of the Company and its subsidiaries that are similar to the employee benefit plans and arrangements of Acquiror for similarly situated employees of the Acquiror as then in effect immediately prior to the Effective Timeeffect.

Appears in 1 contract

Samples: Escrow Agreement (Core Laboratories N V)

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Employees of Company. (a) As soon as reasonably practicable after the Effective Time, but in any event not later than January 1, 19992000, Acquiror shall provide employee benefit plans and arrangements to employees of the Company and its subsidiaries that are substantially similar to the employee benefit plans and arrangements of Acquiror for similarly situated employees of the Acquiror as then in effect immediately prior to the Effective Timeeffect.

Appears in 1 contract

Samples: Escrow Agreement (Core Laboratories N V)

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