Common use of Return and Retention Clause in Contracts

Return and Retention. In the event of termination of this Plan of Merger, Old Kent and Grand Premier each agree to promptly return to the other party or to destroy all written materials furnished to it by the other party and the other party's subsidiaries, and all copies, notes, and summaries of such written materials. Old Kent and Grand Premier each agree to preserve intact all such materials that are returned to them for a period of not less than six years from the termination of this Plan of Merger.