Common use of Establishment of Health and Welfare Plans Clause in Contracts

Establishment of Health and Welfare Plans. (a) Effective as of the date following the Benefits Participation End Date, Match shall adopt Health and Welfare Plans for the benefit of Match Employees and Former Match Employees, and Match shall be responsible for all Liabilities relating to, arising out of or resulting from health and welfare coverage or claims incurred by or on behalf of Match Employees and Former Match Employees or their covered dependents under the Match Health and Welfare Plans after the Benefits Participation End Date.

Appears in 4 contracts

Samples: Employee Matters Agreement (Match Group, Inc.), Transaction Agreement (Match Group, Inc.), Employee Matters Agreement (IAC/InterActiveCorp)

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Establishment of Health and Welfare Plans. (a) Effective as of the date following the Benefits Participation End Plan Milestone Date, Match shall adopt Health and Welfare Plans for the benefit of Match Employees and Former Match Employees, and Match shall be responsible for all Liabilities relating to, arising out of or resulting from health and welfare coverage or claims incurred by or on behalf of Match Employees and Former Match Employees or their covered dependents under the Match Health and Welfare Plans on or after the Benefits Participation End Plan Milestone Date.

Appears in 2 contracts

Samples: Employee Matters Agreement (Iac/Interactivecorp), Employee Matters Agreement (Match Group, Inc.)

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