Common use of Contributions as of the Distribution Date Clause in Contracts

Contributions as of the Distribution Date. All contributions payable to the Temple-Inland Savings Plan with respect to employee deferrals and contributions, matching contributions and other contributions for Forestar Participants through the Forestar Distribution Date, determined in accordance with the terms and provisions of the Temple-Inland Savings Plan, ERISA and the Code, shall be paid by Temple-Inland to the Temple-Inland Savings Plan prior to the date of the Asset transfer described in subsection (b), above.

Appears in 2 contracts

Sources: Employee Matters Agreement (Forestar Real Estate Group Inc.), Employee Matters Agreement (Guaranty Financial Group Inc.)