Common use of Employee Benefit Welfare Plans Clause in Contracts

Employee Benefit Welfare Plans. Prior to the Effective Time, the Corporation shall continue to sponsor its Employee Benefit Welfare Plans for the benefit of the Corporation Employees. Except as provided in Section 5.4 and Section 5.6 below, from and after the Effective Time, RHD shall continue to sponsor its Employee Benefit Welfare Plans solely for the benefit of RHD Employees and RHD Disabled Employees. From and after the Effective Time, New D&B shall sponsor its Employee Benefit Welfare Plans for the benefit of New D&B Employees, Corporation Retirees, New D&B Disabled Employees and DonTech Retirees who participated in the Corporation Employee Benefit Welfare Plans immediately prior to the Effective Time. Notwithstanding the foregoing, neither RHD nor New D&B shall have any obligation to sponsor any Employee Benefit Welfare Plan from or after the Effective Time.