Common use of COBRA and HIPAA Compliance Clause in Contracts

COBRA and HIPAA Compliance. ASD shall be responsible for administering compliance with the health care continuation requirements of COBRA, the certificate of creditable coverage requirements of HIPAA, and the corresponding provisions of the ASD Health and Welfare Plans with respect to WABCO Employees and ASD Transferees and their covered dependents who incur a COBRA qualifying event or loss of coverage under the ASD Health and Welfare Plans at any time on or before the Benefits Transition Date. Subject to the provisions of the Transition Service Agreement, effective immediately after the Benefits Transition Date, WABCO shall be responsible for administering compliance with the health care continuation requirements of COBRA, the certificate of creditable coverage requirements of HIPAA, and the corresponding provisions of the WABCO Health and Welfare Plans with respect to WABCO Employees, ASD Transferees and their covered dependents who incur a COBRA qualifying event or loss of coverage under the WABCO Health and Welfare Plans at any time after the Benefits Transition Date.

Appears in 3 contracts

Samples: Employee Matters Agreement, Employee Matters Agreement (American Standard Companies Inc), Employee Matters Agreement (WABCO Holdings Inc.)

AutoNDA by SimpleDocs

COBRA and HIPAA Compliance. ASD iGATE shall be responsible for administering compliance with the health care continuation requirements of COBRA, the certificate of creditable coverage requirements of HIPAA, and the corresponding provisions of the ASD iGATE Health and Welfare Plans with respect to WABCO Mastech Employees and ASD iGATE Transferees and their covered dependents who incur a COBRA qualifying event or loss of coverage under the ASD iGATE Health and Welfare Plans at any time on or before the Benefits Transition Date. Subject to the provisions of the Transition Service Agreement, effective immediately after the Benefits Transition Date, WABCO Mastech shall be responsible for administering compliance with the health care continuation requirements of COBRA, the certificate of creditable coverage requirements of HIPAA, and the corresponding provisions of the WABCO Mastech Health and Welfare Plans with respect to WABCO Mastech Employees, ASD iGATE Transferees and their covered dependents who incur a COBRA qualifying event or loss of coverage under the WABCO Mastech Health and Welfare Plans at any time after the Benefits Transition Date.

Appears in 2 contracts

Samples: Employee Matters Agreement (Mastech Holdings, Inc.), Employee Matters Agreement (Mastech Holdings, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.