Change in Control Agreements. In the event that a change in control of ▇▇▇▇ Foods or White Wave shall occur after the IPO and prior to the Distribution Date which would activate the protection afforded under the Change in Control agreements that have been implemented by ▇▇▇▇ Foods, the appropriate member of the WhiteWave Group shall be responsible for the payment of and shall pay any benefits that become payable under the terms of any such agreement (other than with respect to any awards related to the common stock of ▇▇▇▇ Foods outstanding under the ▇▇▇▇ Foods Equity Plan, which shall remain the responsibility of ▇▇▇▇ Foods) to any WhiteWave Employee who is a party to any such agreement, including, without limitation, the Specified Officers.
Appears in 4 contracts
Sources: Employee Matters Agreement (Dean Foods Co), Employee Matters Agreement (WHITEWAVE FOODS Co), Employee Matters Agreement (WHITEWAVE FOODS Co)