Common use of Actuarial Verification Clause in Contracts

Actuarial Verification. If the Visteon Actuary and the Ford Actuary are unable to agree on a verification, they shall jointly designate a third independent actuary whose verification shall be final and binding. Ford and Visteon shall each pay one-half of the cost of such third actuary.

Appears in 2 contracts

Samples: Hourly Employee Assignment Agreement (Visteon Corp), Hourly Employee Assignment Agreement (Visteon Corp)

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Actuarial Verification. If the Visteon Ford Actuary and the Ford Visteon Actuary are unable to agree on a verification, they shall jointly designate a third independent actuary whose verification shall be final and binding. Ford and Visteon shall each pay one-half of the cost of such third actuary.

Appears in 2 contracts

Samples: Employee Transition Agreement (Visteon Corp), Employee Transition Agreement (Visteon Corp)

Actuarial Verification. If the Visteon Ford Actuary and the Ford Visteon Actuary are unable to agree on a verification, they Ford and Visteon shall jointly designate a third independent actuary whose verification shall be final and binding. Ford and Visteon shall each pay one-half of the cost of such third actuary.

Appears in 2 contracts

Samples: Employee Transition Agreement (Visteon Corp), Employee Transition Agreement (Visteon Corp)

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Actuarial Verification. If the Visteon Actuary and the Ford Actuary are unable to agree on a verification, they Ford and Visteon shall jointly designate a third independent actuary whose verification shall be final and binding. Ford and Visteon shall each pay one-half of the cost of such third actuary.

Appears in 1 contract

Samples: Hourly Employee Assignment Agreement (Visteon Corp)

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