Common use of Continuation of Elections Clause in Contracts

Continuation of Elections. As of the Benefits Commencement Date, WPX shall, to the extent applicable, cause the WPX Welfare Plans to recognize and maintain all elections and designations (including, without limitation, all coverage and contribution elections and beneficiary designations) in effect with respect to WPX Employees prior to the Benefits Commencement Date under the comparable WMB Welfare Plan and apply such elections and designations under the WPX Welfare Plans for the remainder of the period or periods for which such elections or designations are by their original terms effective, unless superseded by new elections made under the WPX Welfare Plans.

Appears in 4 contracts

Samples: Employee Matters Agreement (WPX Energy, Inc.), Employee Matters Agreement (Williams Companies Inc), Employee Matters Agreement (WPX Energy, Inc.)

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