Common use of Disabled Persons Clause in Contracts

Disabled Persons. The Parties intend that any Employee who has, prior to the Distribution Date, become eligible to receive any long-term disability benefits pursuant to any third-party insurance policy applicable under any welfare benefit plan shall continue to be eligible to receive such benefits in accordance with the terms of such plan and policy.

Appears in 6 contracts

Samples: Employee Matters Agreement (Dr Pepper Snapple Group, Inc.), Employee Matters Agreement (Discover Financial Services), Employee Matters Agreement (Dr Pepper Snapple Group, Inc.)

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