Common use of Information and Operation Clause in Contracts

Information and Operation. Each Party shall use its commercially reasonable efforts to provide the other Party with information describing each Benefit Plan election made by an Employee or Former Employee that may have application to such Party’s Benefit Plans from and after the Effective Time, and each Party shall use its commercially reasonable efforts to administer its Benefit Plans using those elections. Each Party shall, upon reasonable request, use its commercially reasonable efforts to provide the other Party and the other Party’s respective Affiliates, agents, and vendors all information reasonably necessary to the other Party’s operation or administration of its Benefit Plans.

Appears in 26 contracts

Samples: Employee Matters Agreement, Employee Matters Agreement, Employee Matters Agreement (Raytheon Technologies Corp)

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Information and Operation. Each Party shall use its commercially reasonable efforts to provide the other Party with information describing each Benefit Plan election made by an Employee or Former Employee that may have application to such Party’s Benefit Plans from and after the Effective Time, and each Party shall use its commercially reasonable efforts to administer its Benefit Plans using those elections, including any beneficiary designations. Each Party shall, upon reasonable request, use its commercially reasonable efforts to provide the other Party and the other Party’s respective Affiliates, agents, and vendors all information reasonably necessary to the other Party’s operation or administration of its Benefit Plans.

Appears in 2 contracts

Samples: Employee Matters Agreement (Embecta Corp.), Employee Matters Agreement (Embecta Corp.)

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Information and Operation. Each Party shall use its commercially reasonable efforts to provide the other Party with information describing setting forth each Benefit Plan election made by an Employee or Former former Employee that may have application to such Party’s Benefit Plans from and after the Effective TimeDistribution, and each Party shall use its commercially reasonable efforts to administer its Benefit Plans using those elections. Each Party shall, upon reasonable request, use its commercially reasonable efforts to provide the other Party and the other Party’s respective Affiliates, agents, and vendors all information reasonably necessary to the other Party’s operation or administration of its Benefit Plans.

Appears in 1 contract

Samples: Employee Matters Agreement (Jacobs Solutions Inc.)

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