Spinoff Sub Entities Case Study

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provision will be necessary to the extent that Parent has a fund of its own shares of which Spinoff Sub Entities Employees will be beneficiaries as a result of their prior employment with Parent. If Parent has such a fund, Parent will transfer such shares to Spinoff Sub for the continued benefit of Spinoff Sub Entities employees; however, Spinoff Sub Entities employees will not be permitted to increase investments in Parent shares in connection with their employment with Spinoff Sub Entities provision will be necessary to the extent that Parent has a fund of its own shares of which Spinoff Sub Entities Employees will be beneficiaries as a result of their prior employment with Parent. If Parent has such a fund, Parent will transfer such shares

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