Common use of Health and Welfare Plans Clause in Contracts

Health and Welfare Plans. (a) The Xxxx-XxXxx Health and Welfare Plans shall provide coverage, subject to the provisions of such plans, for Transferred Individuals otherwise covered under the Xxxx-XxXxx Health and Welfare Plans for any claim incurred by such Transferred Individuals before the Close of the Distribution Date (regardless of whether the claim is actually presented to Xxxx-XxXxx or the Xxxx-XxXxx Health and Welfare Plan for payment before the Close of the Distribution Date). Tronox or the appropriate Tronox Entity shall reimburse Xxxx-XxXxx or the Xxxx-XxXxx Health and Welfare Plans for any claims, expenses, costs, or other expenditures incurred by Xxxx-XxXxx or the Xxxx-XxXxx Health and Welfare Plans in providing such coverage for Transferred Individuals to the same extent Tronox or the applicable Tronox Entity would have reimbursed Xxxx-XxXxx or the Xxxx-XxXxx Health and Welfare Plan had the IPO not occurred.

Appears in 4 contracts

Samples: Employee Benefits Agreement, Employee Benefits Agreement (Tronox Inc), Employee Benefits Agreement (Kerr McGee Corp /De)

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