Common use of Allocation of Health and Welfare Plan Liabilities Clause in Contracts

Allocation of Health and Welfare Plan Liabilities. All outstanding Liabilities relating to, arising out of, or resulting from health and welfare claims incurred by or on behalf of SpinCo Group Employees or their covered dependents under the Ventas Welfare Plans on or before the Distribution Date, or, in the case of claims under the Ventas Welfare Plans for medical, dental, life insurance, accidental death & dismemberment, employee assistance, and short-term and long-term disability benefits, on or before the conclusion of the Welfare Plan Transition Period, including, in all cases, claims incurred but not reported, shall (subject to the provisions of Article II of the Transition Services Agreement) be retained by Ventas.

Appears in 4 contracts

Samples: Employee Matters Agreement (Care Capital Properties, Inc.), Employee Matters Agreement (Ventas Inc), Employee Matters Agreement (Care Capital Properties, Inc.)

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