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unless the mutual agreement with respect to, and <strong>Applicable Transfer Date</strong> of, any Delayed Transfer Employee occurs on or before the date that is 6 months after the Distribution Date.", "Timken, the Bearings Group, or a Split Welfare Plan will remain solely responsible for compliance with COBRA before, on and after the Distribution Date or <strong>Applicable Transfer Date</strong> for Bearings Employees, Former Bearings Business Employees and their \u201cqualified beneficiaries\u201d; provided, however, that TimkenSteel or a member of the TimkenSteel Group will be responsible for furnishing any election notice required under COBRA to any Bearings Transferee.", "Each TimkenSteel Spinoff DC Plan will assume liability for all benefits accrued or earned (whether or not vested) by TimkenSteel Employees and Former TimkenSteel Business Employees under the corresponding Split DC Plan as of the Distribution Date or <strong>Applicable Transfer Date</strong>.", "Notwithstanding the foregoing, for purposes of this Article X only, if an individual is a Delayed Transfer Employee, such individual will not be considered to have terminated on his or her <strong>Applicable Transfer Date</strong>, provided such treatment does not result in adverse Tax consequences under Code Section 409A.", "Subject to the terms of any applicable Collective Bargaining Agreement and except to the extent not permitted by applicable law, the TimkenSteel Group will assume or retain, as applicable, responsibility for accrued vacation attributable to TimkenSteel Employees as of the Distribution Date, or <strong>Applicable Transfer Date</strong>.", "The Bearings Group will have sole authority for administering, making decisions with respect to, and paying all United States (including its territories) workers\u2019 compensation claims of TimkenSteel Employees and Former TimkenSteel Business Employees with respect to Workers\u2019 Compensation Events occurring before the Distribution Date or <strong>Applicable Transfer Date</strong> (\u201cTimkenSteel Workers\u2019 Compensation Claims\u201d), subject to the prior consent of TimkenSteel, which consent shall not be unreasonably withheld.", "After the Distribution Date or <strong>Applicable Transfer Date</strong>, the TimkenSteel Flexible Account Plan will be responsible for reimbursement of all previously unreimbursable medical expense and dependent care claims incurred by TimkenSteel Employees and Former TimkenSteel Business Employees, regardless of when the claims were incurred.", "Any TimkenSteel Transferee will be treated in the same manner as a TimkenSteel Employee under this Article IX, except that such TimkenSteel Transferee may experience a separation from service (within the meaning of Code Section 409A) on his or her <strong>Applicable Transfer Date</strong>.", "The Bearings Group will be responsible for establishing and paying any annual bonus for its employees for performance periods after the Distribution Date or, for Bearings Transferees, the <strong>Applicable Transfer Date</strong>, and the TimkenSteel Group will be responsible for establishing and paying any annual bonus for its employees for performance periods after the Distribution Date."], "related": [["reais-transfer-date", "Reais Transfer Date", "Reais Transfer Date"], ["the-transfer-date", "the transfer date", "the transfer date"], ["transfer-date", "Transfer Date", "Transfer Date"], ["servicing-transfer-date", "Servicing Transfer Date", "Servicing Transfer Date"], ["risk-transfer-date", "Risk Transfer Date", "Risk Transfer Date"]], "related_snippets": [], "updated": "2025-11-07T05:43:00+00:00"}, "json": true, "cursor": ""}}