Water Pik Entity definition
Examples of Water Pik Entity in a sentence
Water Pik shall take, and shall cause each other applicable Water Pik Entity to take, all actions necessary or appropriate to facilitate the distribution of all applicable ATI Plan-related communications and materials to Water Pik Individuals and their beneficiaries, including summary plan descriptions and related summaries of material modification, summary annual reports, investment information, prospectuses, notices and enrollment material related to the Water Pik Plans.
Water Pik shall assist, and Water Pik shall cause each other applicable Water Pik Entity to assist, ATI in complying with all reporting and disclosure requirements of ERISA, including the preparation of Form 5500 annual reports for the ATI Plans, where applicable.
ATI and Water Pik shall share, ATI shall cause each applicable ATI Entity to share, and Water Pik shall cause each applicable Water Pik Entity to share, with each other and their respective agents and vendors (without obtaining releases) all participant information necessary for the efficient and accurate administration of each of the ATI Plans and the Water Pik Plans.
No provision of this Agreement or the Separation and Distribution Agreement shall be construed to create any right, or accelerate entitlement, to any compensation or benefit whatsoever on the part of any Water Pik Individual or other future, present or former employee of ATI, an ATI Entity, Water Pik, or a Water Pik Entity under any ATI Plan or Water Pik Plan or otherwise.
Each of ATI and Water Pik shall cause to be performed, and hereby guarantees the performance of, all actions, agreements and obligations set forth in this Agreement to be performed by an ATI Entity or a Water Pik Entity, respectively.
Further, each such Water Pik Entity, unless otherwise expressly provided under the terms of this Agreement or any Ancillary Agreement, shall defend, indemnify and hold harmless ATI for any costs incurred by ATI pursuant to the provisions of Article V on behalf of or related to such Water Pik Entity.