This smart 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. It 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. This smart field was trained on arrangement agreements and merger agreements.


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Document Types

  • 99% Business Transaction Agt
  • 1% Other


  • M&A Deal Points (Public Target)


  • 100% English