Common use of INSURANCE AND EMPLOYEE BENEFIT RELATED SERVICES Clause in Contracts

INSURANCE AND EMPLOYEE BENEFIT RELATED SERVICES. Arranging for liability, property and casualty, and other normal business insurance coverage. Support for product, worker safety and environmental programs (Subsidiary acknowledges that principal responsibility for compliance rests with the Subsidiary). Administration of Subsidiary's employee participation in employee benefit plans sponsored by Thermo and insurance programs such as the following: 401(k) plan, group medical insurance, group life insurance, employee stock purchase plan and various stock options plans. Filing of all required reports under ERISA for employee benefit plans sponsored by Thermo.

INSURANCE AND EMPLOYEE BENEFIT RELATED SERVICES. Arranging for liability, property and casualty, and other normal business insurance coverage. Support for product, worker safety and environmental programs (but Subsidiary acknowledges that principal responsibility for compliance rests with the Subsidiary). Administration of Subsidiary's employee participation in employee benefit plans sponsored by Thermo Andrx and insurance programs such as the following: 401(k) plan, group medical insurance, group life insurance, employee stock purchase plan and various disability insurance, stock options plans. Filing plan, and filing of all required reports under ERISA for employee benefit plans sponsored by ThermoAndrx.