definiens: ) with retirement ( e.g., definedcontribution and excess savings ), welfare, vacation and other fringe benefits, as applicable, with each such plan toprovide such benefits, at such costs, as are no less favorable than each such plan provides immediately prior tothe Effective Time ; ( ii ) maintain ( A ) ( subject to increases in the ordinary course of business ) all annual base salary and wage ratesof each Affected Employee at no less than the levels in effect immediately prior to the Effective Time, and ( B ) allCompany Compensation and Benefit Plans that provide each Affected Employee with annual cash bonusopportunities ( including target bonus amounts that are payable subject to the satisfaction of performance criteriathat are comparable to those criteria in effect immediately prior to the Effective Time ) that are no less favorablethan those in effect immediately prior to the Effective Time ; provided, however, that in full satisfaction of Parent’sobligations of- 46 - under this Section 7.9(a)(ii)(B ) in respect of any annual bonus opportunity due, in respect of the year in which theEffective Time occurs ( the ), to any Affected Employee who, immediately prior to the Effective Time, participates in either the Company Executive Officer Incentive Plan or the Company Management Incentive Plans(together, the ), each such Affected Employee shall receive such payment(s ) as arerequired to be paid in respect of the Closing Year by the Company to such Affected Employee pursuant toSection 7 of the applicable Executive Bonus Plan ; such that, for the avoidance of doubt, no such AffectedEmployee shall receive a duplicative annual bonus payment in respect of the Closing Year ; and ( iii ) maintain, without any amendment that may be adverse to any Affected Employee ( other than as required byapplicable Law ), the [COMPANY] Pharmaceuticals Severance Package Pay Plan for U.S. Senior Executives, the BarrPharmaceuticals Long - Term International Assignment Policy and the PLIVA Severance Pay Plan ( non - exempt andexempt levels through senior director and I - V ), and to honor the terms of such plans in the event that any AffectedEmployee ’s employment is terminated in circumstances that give rise to the provision of benefits under such plans