Compensation and Benefits Programs definition
Examples of Compensation and Benefits Programs in a sentence
Any assumption of Compensation and Benefits Programs pursuant to the terms herein shall not be deemed to trigger any applicable change of control, immediate vesting, termination, or similar provisions therein.
The assumption of Compensation and Benefits Programs pursuant to the terms herein shall not be deemed to trigger any applicable change of control, vesting, termination, or similar provisions therein, and no counterparty shall have rights under a Compensation and Benefits Program assumed pursuant to the Plan other than those applicable immediately prior to such assumption.
All collective bargaining agreements to which any Debtor is a party, and all Compensation and Benefits Programs which are maintained pursuant to such collective bargaining agreements or to which contributions are made or benefits provided pursuant to a current or past collective bargaining agreement, shall be deemed assumed on the Effective Date pursuant to the provisions of sections 365 and 1123 of the Bankruptcy Code and the Reorganized Debtors reserve all of their rights under such agreements.
These good faith estimates are based upon the provisions of the Specified Compensation and Benefits Programs as of April 2, 1998 and my compensation as of April 2, 1998, adjusted for anticipated increases in base salary.
The orientation sessions may include personal appearances by Purchase's senior management and will cover subject such as Purchaser's Compensation and Benefits Programs, including a Business Retention and Sales Incentive Program specifically designed for Branch Employees who become Transferred Employees on the date after the Closing Date.