Common use of Benefit Plan Matters Clause in Contracts

Benefit Plan Matters. (a) Section 4.21(a) of the MPC Disclosure Schedules sets forth a true and complete list of each MPC Benefit Plan for the benefit of the Refinery Employees. On or before the Execution Date, MPC has delivered to NTI (on behalf of SPP Refining), with respect to each MPC Benefit Plan listed on Section 4.21(a) of the MPC Disclosure Schedules, a copy of the plan document (including all amendments thereto) and, to the extent applicable, a copy of the most recent summary plan description (and with respect to each such MPC Benefit Plan that is not in writing, a written description of the material terms thereof), including any amendments thereto. No such MPC Benefit Plan is a multiemployer plan (within the meaning of section 3(37) of ERISA). (b) There does not now exist, nor do any circumstances exist that could result in, any Controlled Group Liability (as defined below) of MPC or any of its ERISA Affiliates that would be, or could become, a liability following the Effective Time of SPP Refining or any of its Affiliates. As used in the preceding sentence, the term “Controlled Group Liability” means any and all liabilities (i) under Title IV of ERISA, (ii) under sections 206(g), 302 or 303 of ERISA, (iii) under sections 412, 430, 431, 436 or 4971 of the Code, (iv) as a result of the failure to comply with the continuation of coverage requirements of section 601 et seq. of ERISA and section 4980B of the Code, and (v) under corresponding or similar provisions of any foreign Law.

Benefit Plan Matters. (a) Section 4.21(a) 4.16 of the MPC SSA Disclosure Schedules sets forth a true and complete list of each MPC SSA Benefit Plan for the benefit of the Refinery SSA Employees. On or before the Execution Date, MPC SSA has delivered to NTI (on behalf of SPP RefiningNT Retail), with respect to each MPC SSA Benefit Plan listed on Section 4.21(a) 4.16 of the MPC SSA Disclosure Schedules, a copy of the plan document (including all amendments thereto) and, to the extent applicable, a copy of the most recent summary plan description (and with respect to each such MPC SSA Benefit Plan that is not in writing, a written description of the material terms thereof), including any amendments thereto. No such MPC SSA Benefit Plan is a multiemployer plan (within the meaning of section 3(37) of ERISA). (b) There does not now exist, nor do any circumstances exist that could result in, any Controlled Group Liability (as defined below) of MPC SSA or any of its ERISA Affiliates that would be, or could become, a liability following the Effective Time of SPP Refining NT Retail or any of its Affiliates. As used in the preceding sentence, the term “Controlled Group Liability” means any and all liabilities (i) under Title IV of ERISA, (ii) under sections 206(g), 302 or 303 of ERISA, (iii) under sections 412, 430, 431, 436 or 4971 of the Code, (iv) as a result of the failure to comply with the continuation of coverage requirements of section 601 et seq. of ERISA and section 4980B of the Code, and (v) under corresponding or similar provisions of any foreign Law.