Common use of Actuarial Determinations Clause in Contracts

Actuarial Determinations. For purposes of this Section 5.02, actuarial determinations shall be based upon the actuarial assumptions and methodologies used in preparing the most recent audited financial statements of Pluto as of the date of the determination (except that the assumptions concerning the applicable discount rate and rate of compensation increases will be determined as of the Distribution Date by ▇▇▇▇▇▇ but consistent with the manner in which those assumptions were determined for the most recent audited financial statements of Pluto) (the “Actuarial Assumptions”). Unless otherwise agreed by the Parties, all actuarial determinations under this Agreement shall be made by ▇▇▇▇▇▇.

Appears in 3 contracts

Sources: Employee Matters Agreement (Viatris Inc), Employee Matters Agreement (Upjohn Inc), Employee Matters Agreement (Upjohn Inc)