Description

This AI field captures a purchaser’s agreement to credit certain continuing target employees for past service for the purposes of eligibility and vesting in employee benefit plans post-closing. This AI field also captures a purchaser’s agreement to recognize prior amounts paid by such employees for the purposes of determining deductibles, co-payments, out-of-pocket maximums, etc. under any welfare benefit plans in which such employees may be enrolled post-closing.


Jurisdiction

  • Canada (Alberta, British Columbia, Ontario, and Quebec)
  • United States (California, Delaware, Florida, Missouri, New York, Pennsylvania, Texas, and Washington)

Document Types

  • 52% M&A Purchase Agt
  • 26% Equity Related Agt
  • 20% M&A Supplemental Agt
  • 2% Other

Tags

  • M&A Deal Points (Public Target)

Language

  • 100% English