REX Xxxloyee Medical Claims Sample Clauses

REX Xxxloyee Medical Claims. (i) As of the Effective Date, the REX Xxxical Plan shall have sole responsibility for all obligations, financial and otherwise, with respect to medical claims for expenses incurred by REX Xxxloyees and their dependent(s) from and after the Effective Date; (ii) medical claims for expenses incurred by REX Xxxloyees and their dependent(s) prior to the Effective Date which remain unpaid as of the Effective Date shall be processed and paid by: (A) the RSI VEBA, through January 27, 1996; (B) Aetna Insurance Company from and after the Effective Date; and (C) REX's third party administrator from and after January 28, 1996. The total of the 1995 claims expense paid in 1996 will be charged against the portion of assets of the RSI VEBA allocated to REX xx of December 31, 1995, said allocation to be calculated in accordance with the formula and procedure described in Subsection (d) of this Section; and (iii) prior to December 31, 1996, the RSI VEBA, Aetna Insurance Company and REX's third party administrator will report to RSI the amount, in dollars, of REX 0005 medical claims paid in 1996. If the total of these claims paid is less than the REX xxxocation referred to in (ii) above, the difference shall be paid by REX xx RSI.
Sample 1
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Related to REX Xxxloyee Medical Claims

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  • Certain Employees (a) Each of the following is included in the list of agreements set forth in the Disclosure Schedule: all collective bargaining agreements, employment and consulting agreements, bonus plans, deferred compensation plans, employee pension plans or retirement plans, employee profit-sharing plans, employee stock purchase and stock option plans, hospitalization insurance, and other plans and arrangements providing for employee benefits of employees of the Seller.

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