Common use of Certain Benefit Plans Clause in Contracts

Certain Benefit Plans. (a) Purchaser shall provide the employees of WMC with employee benefits that are substantially equivalent to those provided to other employees holding similar positions with Purchaser ("Purchaser's Benefit Plans"). Purchaser shall use reasonable efforts to cause Purchaser's Benefit Plans to give employees of WMC credit under Purchaser's Benefit Plans (i) for their service with WMC prior to the Closing Date for purposes of any eligibility, vesting, waiting periods or pre-existing condition limitations otherwise applicable under any of Purchaser's Benefit Plans and (ii) for amounts paid under GTI's employee benefit plans toward any applicable deductibles, co-payments and out-of-pocket limits as though such amounts had been paid in accordance with the terms and conditions of Purchaser's Benefit Plans.