Common use of HEALTH AND WELFARE PLANS SUBROGATION RECOVERY Clause in Contracts

HEALTH AND WELFARE PLANS SUBROGATION RECOVERY. After the Close of the Distribution Date, ATI shall pay to Teledyne Technologies any amounts ATI recovers from time to time through subrogation or otherwise for claims incurred by or reimbursed to any Teledyne Technologies Individual. If Teledyne Technologies recovers any amounts through subrogation or otherwise for claims incurred by or reimbursed to employees and former employees of ATI or an ATI Entity and their respective beneficiaries and dependents (other than Teledyne Technologies Individuals), Teledyne Technologies shall pay such amounts to ATI.

Appears in 6 contracts

Samples: Employee Benefits Agreement (Allegheny Technologies Inc), Employee Benefits Agreement (Teledyne Technologies Inc), Employee Benefits Agreement (Teledyne Technologies Inc)

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