Service Description Countries Term. Real Property Insurance Provider shall continue to purchase real property insurance, at Provider’s cost, from third-party insurers, and the policies so purchased will include coverage for Recipient as a “subsidiary” so long as Provider holds a majority voting interest in Recipient. Any claims made on Recipient’s behalf will be made by Provider pursuant to reasonable instructions and directions from Recipient, and Provider will transfer, or cause to be delivered, to Recipient all insurance proceeds with respect to any such claims. Worldwide July 1, 2010 Transit Insurance Provider will continue to purchase transit insurance, at Provider’s cost, from a third-party insurer, and the policies so purchased will include coverage for Recipient as a “subsidiary” so long as Provider holds a majority voting interest in Recipient. Any claims made on Recipient’s behalf will be made by Provider pursuant to reasonable instructions and directions from Recipient, and Provider will transfer, or cause to be delivered, to Recipient all insurance proceeds with respect to any such claims. Worldwide July 1, 2009 Employment Practices Insurance Provider will continue to purchase employment practices insurance, at Provider’s cost, from third-party insurers, and the policies so purchased will include coverage for Recipient as a “subsidiary” so long as Provider holds a majority voting interest in Recipient. Any claims made on Recipient’s behalf will be made by Provider pursuant to reasonable instructions and directions from Recipient, and Provider will transfer, or cause to be delivered, to Recipient all insurance proceeds with respect to any such claims. Worldwide November 1, 2009 Kidnap & ▇▇▇▇▇▇ Insurance Provider will continue to purchase kidnap & ▇▇▇▇▇▇ insurance, at Provider’s cost, from a third-party insurer, and the policies so purchased will include coverage for Recipient as a “subsidiary” so long as Provider holds a majority voting interest in Recipient. Any claims made on Recipient’s behalf will be made by Provider pursuant to reasonable instructions and directions from Recipient, and Provider will transfer, or cause to be delivered, to Recipient all insurance proceeds with respect to any such claims. Worldwide November 1, 2009
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Sources: Transitional Services Agreement (Mead Johnson Nutrition Co), Transitional Services Agreement (Mead Johnson Nutrition Co)