Common use of Amendment Authority Clause in Contracts

Amendment Authority. Except as otherwise provided in this Agreement, nothing in this Agreement is intended to prohibit any member of the Parent Group or SpinCo Group from amending or terminating any employee benefit plans, policies and compensation programs at any time on or after the Pre-Spin Transition Date.

Appears in 3 contracts

Sources: Employee Matters Agreement (Zimmer Biomet Holdings, Inc.), Employee Matters Agreement (ZimVie Inc.), Employee Matters Agreement (ZimVie Inc.)