Common use of CONSENTS AND NOTIFICATIONS Clause in Contracts

CONSENTS AND NOTIFICATIONS. AT&T and Lucent shall use their reasonable best efforts to obtain, or cause to be obtained, to the extent necessary, the written consent of each Transferred Individual who is a party to an Individual Agreement and/or a participant in any AT&T Executive Benefit Plan, and of each Lucent Non-Employee Director who is a participant in any AT&T Non-Employee Director Plan, to the treatment of such Individual Agreement, Executive Benefit Plan and/or AT&T Non-Employee Director Plan, as applicable, in accordance with this Article VI, including the assumption by Lucent and the Lucent Entities, of sole responsibility for, and the release of AT&T and the AT&T Entities from, all Liabilities thereunder; provided, that no failure to seek or to obtain any such consent shall have any effect upon the obligations of Lucent and the Lucent Entities with respect to such Liabilities.

Appears in 2 contracts

Sources: Employee Benefits Agreement (Lucent Technologies Inc), Employee Benefits Agreement (At&t Corp)