Retiree Welfare Plans. The Company does not maintain or have any obligation to contribute to (or any other liability with respect to) any plan or arrangement whether or not terminated, which provides medical, health, life insurance or other welfare-type benefits for current or future retired or terminated employees (except for limited continued medical benefit coverage required to be provided under Section 4980B of the IRC or as required under applicable state law).
Retiree Welfare Plans. The Corporation Group shall be responsible for providing retiree welfare benefits, where applicable, to Corporation Retirees and Corporation Post-Distribution Employees. The IMS Health Group shall be responsible for providing retiree welfare benefits, where applicable, to IMS Health Retirees and IMS Health Employees.
Retiree Welfare Plans. The Cognizant Group shall be responsible for providing retiree welfare benefits to those D&B Pre-Distribution Employees who are Cognizant Employees and who, immediately prior to the Effective Time, are (i) eligible to retire and (ii) eligible to elect such coverage under the D&B Employee Benefit Welfare Plans (but who do not in fact elect such coverage) (the "Cognizant Retirement Eligible Employees"); provided, however, that in the event the Cognizant Group fails to provide to a Cognizant Retirement Eligible Employee one or more components of retiree welfare coverage (such components consisting of medical, dental and life benefits), the D&B Group shall be responsible for the missing component(s), but only to the same extent it provides such component(s) to its retirees from and after the time when such Cognizant Retirement Eligible Employee retires or loses his or her coverage. In the event the D&B Group must provide the benefits described hereunder, it shall have full rights of reimbursement from the Cognizant Group. The ACNielsen Group shall be responsible for providing retiree welfare benefits to those D&B Pre-Distribution Employees who are ACNielsen Employees and who, immediately prior to the Effective Time, are (i) eligible to retire and (ii) eligible to elect such coverage under the D&B Employee Benefit Welfare Plans (but who do not in fact elect such coverage) (the "ACNielsen Retirement Eligible Employees"); provided, however, that in the event the ACNielsen Group fails to provide to an ACNielsen Retirement Eligible Employee one or more components of retiree welfare coverage (such components consisting of medical, dental and life benefits), the D&B Group shall be responsible for the missing component(s), but only to the same extent it provides such component(s) to its retirees from and after the time when such ACNielsen Retirement Eligible Employee retires or loses his or her coverage. In the event the D&B Group must provide the benefits described hereunder, it shall have full rights of reimbursement from the ACNielsen Group. Notwithstanding the provisions of Sections 10.2, 10.3 or 10.4 hereof, in the event any D&B Pre-Distribution Employee elects to retire on or prior to the Effective Time and receive retiree welfare coverage under the D&B Employee Welfare Benefit Plans, neither the Cognizant Group nor the ACNielsen Group shall provide such employee with past service credit under their respective Employee Benefit Plans, nor shall any assets and lia...
Retiree Welfare Plans. Except as disclosed in Section 3.1(s) of --------------------- -------------- the Company Disclosure Schedule, no Company Benefit Plan that is a "welfare benefit plan" (within the meaning of Section 3(1) of ERISA) provides ------------ benefits for any retired or former employees (other than as required under the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended, or other applicable state or local law that specifically mandates continued health coverage).
Retiree Welfare Plans. The RHD Group shall be responsible for providing retiree welfare benefits, where applicable, to RHD Employees. The New D&B Group shall be responsible for providing retiree welfare benefits, where applicable, to Corporation Retirees and New D&B Employees
Retiree Welfare Plans. HI does not maintain or have any obligation to contribute to (or any other liability with respect to) any plan or arrangement whether or not terminated, which provides medical, health, life insurance or other welfare-type benefits for current or future retired or terminated employees (except for limited continued medical benefit coverage required to be provided under Section 4980B of the IRC or as required under applicable state law).
Retiree Welfare Plans. The Moody's Group shall be responsible for providing retiree welfare benefits, where applicable, to Moody's Employees. The New D&B Group shall be responsible for providing retiree welfare benefits, where applicable, to Corporation Retirees and New D&B Employees.
Retiree Welfare Plans. (n) The consummation of the transactions contemplated by this Agreement will not: (i) entitle any current or former Employee to severance pay, unemployment compensation or any similar payment; (ii) accelerate the time of payment or vesting, or increase the amount of any compensation due to, any current or former Employee; or (iii) constitute or involve a prohibited transaction (as defined in ERISA section 406 or Code section 4975), constitute or involve a breach of fiduciary responsibility within the meaning of ERISA section 502(1) or otherwise violate Part 4 of Title I of ERISA.
Retiree Welfare Plans. Except as disclosed in Schedule 3.1(l)(v) to the Camco Disclosure Letter, no Camco Benefit Plan that is a "welfare plan" (within the meaning of ERISA Section 3(1)) provides benefits for any retired or former employees (other than as required pursuant to ERISA Section 601).
Retiree Welfare Plans. No Security Party has any obligation to contribute to (or any other liability with respect to) any plan or arrangement whether or not terminated, which provides medical, health, life insurance or other welfare-type benefits for current or future retired or terminated employees (except for limited continued medical benefit coverage required to be provided under Section 4980B of the Code or as required under applicable state law).
