Contributions as of the Distribution Date. All contributions payable to the Holdings 401(k) Plans with respect to employee deferrals and contributions, matching contributions and other contributions for New A&B Participants through the Distribution Date, determined in accordance with the terms and provisions of the Holdings 401(k) Plans, ERISA and the Code, shall be paid by Holdings to the Holdings 401(k) Plans prior to the date of the Asset transfer described in Section 4.1(b) of this Agreement.
Appears in 3 contracts
Sources: Employee Matters Agreement (A & B II, Inc.), Employee Matters Agreement (Alexander & Baldwin Inc), Employee Matters Agreement (A & B II, Inc.)