Savings Plans. (a) As of the date of this Agreement, Seller participates in the GTE Savings Plan and the GTE Hourly Savings Plan (collectively referred to as the "Seller's Savings Plans"). Except as provided in Section (g) of this Section 11.2.2, Transferred Employees shall not be entitled to make contributions to or to benefit from matching or other contributions under the Seller's Savings Plans on and after the Closing Date.
Appears in 3 contracts
Samples: Asset Purchase Agreement (Centurytel Inc), Asset Purchase Agreement (Centurytel Inc), Asset Purchase Agreement (Centurytel Inc)
Savings Plans. (a) As of the date of this Agreement, Seller participates in the GTE Savings Plan and the GTE Hourly Savings Plan (collectively referred to as the "Seller's Seller Savings Plans"). Except as provided in Section (g) of this Section 11.2.2, Transferred Employees shall not be entitled to make contributions to or to benefit from matching or other contributions under the Seller's Seller Savings Plans on and after the Closing Date.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Citizens Utilities Co), Asset Purchase Agreement (Citizens Utilities Co)
Savings Plans. (ai) As of the date of this Agreement, Seller participates in has adopted and made contributions to the GTE Savings Plan and the GTE Hourly Savings Plan (collectively referred to as the "Seller's GTE Savings Plans"). Except as provided in Section (g) subsection viii of this Section 11.2.29(a), Transferred Employees shall not be entitled to make contributions to or to benefit from matching or other contributions under the Seller's GTE Savings Plans on and after the Closing DateFebruary 1, 1997.
Appears in 1 contract
Samples: Sale and Transfer of Assets Agreement (Source Media Inc)
