Shared Contracts Exceptions Clause Samples

Shared Contracts Exceptions. Section 3.01(a) - Parent Credit Support Instruments Section 3.01(c)(v) - Fallaway Amount Section 3.01(c)(vi) - Guarantee Fee Section 3.01(d) - Specified Parent Credit Support Instruments Section 3.02(a) - SpinCo Credit Support Instruments Section 3.02(d) - Specified SpinCo Credit Support Instruments Section 3.04(b) - Information Rights Section 6.11 - Advancement, Payment and Reimbursement of Litigation Costs Section 6.11(a) - SpinCo Directed Actions Section 6.11(b) - Parent Directed Actions Section 6.11(c) - Joint Actions Section 6.12 - Environmental Matters Section 7.04(a) - Parent Record Retention Section 7.04(b) - SpinCo Record Retention Section 7.04(c) - Litigation Holds Section 8.04 - Insurance Proceeds Section 11.03(a) - Arbitrators Section 11.06 - Payments Section 11.14 - Expenses SEPARATION AND DISTRIBUTION AGREEMENT, dated as of [•], 2024, by and between General Electric Company, a New York corporation (“Parent”) and GE Vernova Inc., a Delaware corporation (“SpinCo”). Capitalized terms used and not otherwise defined herein shall have the respective meanings assigned to them in Article I. WHEREAS, the board of directors of Parent has determined that it is in the best interests of Parent and its stockholders to create a new publicly traded company that will operate the SpinCo Business;