Common use of Third-Party ASO Contracts, Group Insurance Policies and HMOs Clause in Contracts

Third-Party ASO Contracts, Group Insurance Policies and HMOs. NCR and Teradata shall use commercially reasonable efforts to obligate the third party administrator of each administrative-services-only contract with a third-party administrator that relates to any of the NCR Health and Welfare Plans (an “ASO Contract”), each group insurance policy that relates to any of the NCR Health and Welfare Plans (“Group Insurance Policies”) and each agreement with a Health Maintenance Organization that provides medical services under the NCR Health and Welfare Plans (“HMO Agreements”), in each case, in existence as of the date of this Agreement that is applicable to Teradata Employees, to enter into a separate ASO Contract, Group Insurance Policy and HMO Agreement, as applicable, with Teradata providing for substantially similar terms and conditions as are contained in the ASO Contracts, Group Insurance Policies and HMO Agreements, as applicable, to which NCR is a party. Such terms and conditions shall include the financial and termination provisions, performance standards, methodology, auditing policies, quality measures and reporting requirements.

Appears in 2 contracts

Samples: Employee Benefits Agreement (Teradata Corp /De/), Employee Benefits Agreement (NCR Corp)

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Third-Party ASO Contracts, Group Insurance Policies and HMOs. NCR IAC and Teradata Expedia shall use commercially reasonable efforts to obligate the third party administrator of to each administrative-services-only contract with a third-party administrator that relates to any of the NCR IAC Health and Welfare Plans (an “ASO Contract”), each group insurance policy that relates to any of the NCR IAC Health and Welfare Plans (“Group Insurance Policies”) and each agreement with a Health Maintenance Organization that provides medical services under the NCR IAC Health and Welfare Plans (“HMO Agreements”), in each case, in existence as of the date of this Agreement that is applicable to Teradata Expedia Employees, to enter into a separate ASO Contract, Group Insurance Policy and HMO Agreement, as applicable, with Teradata Expedia providing for substantially similar terms and conditions as are contained in the ASO Contracts, Group Insurance Policies and HMO Agreements, as applicable, to which NCR IAC is a party. Such terms and conditions shall include the financial and termination provisions, performance standards, methodology, auditing policies, quality measures and reporting requirements.

Appears in 2 contracts

Samples: Employee Matters Agreement (Iac/Interactivecorp), Employee Matters Agreement (Expedia, Inc.)

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