Common use of Life Insurance Plans Clause in Contracts

Life Insurance Plans. The Corporation's life, business travel accident, spouse and dependent life, and accidental death and dismemberment insurance plans primarily for Media Information Employees and Arbitron Employees shall provide coverage for all eligible Media Information Employees and Arbitron Employees on and after the Effective Date. If any Media Information Employee is entitled to any continuation or conversion option under any such plan assumed by New Ceridian, the Corporation shall reimburse New Ceridian for any costs it incurs in providing such conversion or continuation after the Effective Date.

Appears in 4 contracts

Samples: Personnel Agreement (New Ceridian Corp), Personnel Agreement (New Ceridian Corp), Personnel Agreement (New Ceridian Corp)

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