Common use of Non-Agreement Employee Benefit Plans Clause in Contracts

Non-Agreement Employee Benefit Plans. (a) The employee benefit plans, programs and policies which currently are provided to the non-agreement employees of CRR, CRC or their respective Affiliates will continue to be provided to the non-agreement employees of CRC and its Affiliates and to non-agreement Continuing CRC Management on and after the Control Date, unless it is determined jointly by CSX and NSC that such benefits shall be changed; provided that CSX and NSC shall not make any changes in such plans, programs or policies that contravene Attachment A to the CRR Disclosure Schedule delivered in connection with the Third Amendment. The costs associated with such plans, programs and policies shall be Corporate Level Liabilities, except that Separation Costs shall be allocated and paid as otherwise provided herein. CSX and NSC jointly may enter into one or more agency agreements with CRR, CRC or their respective Affiliates for CSX or NSC to provide any of such benefits, programs or policies.

Appears in 5 contracts

Samples: Transaction Agreement (CSX Transportation Inc), Transaction Agreement (CSX Corp), Transaction Agreement (Norfolk Southern Corp)

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