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

Allocation of Health and Welfare Plan Liabilities. (a) Without limiting the obligations of Mastech under the Services Agreement, all Liabilities relating to, arising out of, or resulting from health and welfare coverage or claims incurred by or on behalf of Mastech Employees, iGATE Transferees, or their covered dependents (other than Liabilities relating to health and welfare coverage or claims incurred under the Mastech Health and Welfare Plans, if such Mastech Employees or iGATE Transferees participate in the Mastech Health and Welfare Plans on or before the Benefits Transition Date) under the iGATE Health and Welfare Plans on or before the Benefits Transition Date shall remain Liabilities of iGATE, and all Liabilities relating to health and welfare coverage or claims incurred by or on behalf of Mastech Employees, iGATE Transferees, or their covered dependents after the Benefits Transition Date shall be Liabilities of Mastech under the corresponding Mastech Health and Welfare Plans. A claim or Liability (i) for medical and dental benefits shall be deemed to be incurred upon the rendering of health services giving rise to the obligation to pay such benefits; (ii) for life insurance and accidental death and dismemberment insurance benefits shall be deemed to be incurred upon the occurrence of the event giving rise to the entitlement to such benefits; and (iii) for disability benefits shall be deemed to be incurred on the date an individual is deemed to be disabled, as defined under the applicable plan.

Appears in 2 contracts

Samples: Employee Matters Agreement (Mastech Holdings, Inc.), Employee Matters Agreement (Mastech Holdings, Inc.)

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Allocation of Health and Welfare Plan Liabilities. (a) Without limiting the obligations of Mastech WABCO under the Transition Services Agreement, all Liabilities relating to, arising out of, or resulting from health and welfare coverage or claims incurred by or on behalf of Mastech WABCO Employees, iGATE ASD Transferees, or their covered dependents (other than Liabilities relating to health and welfare coverage or claims incurred under the Mastech WABCO Health and Welfare Plans, if such Mastech WABCO Employees or iGATE ASD Transferees participate in the Mastech WABCO Health and Welfare Plans on or before the Benefits Transition Date) under the iGATE ASD Health and Welfare Plans on or before the Benefits Transition Date shall remain Liabilities of iGATEASD, and all Liabilities relating to health and welfare coverage or claims incurred by or on behalf of Mastech WABCO Employees, iGATE ASD Transferees, or their covered dependents after the Benefits Transition Date shall be Liabilities of Mastech WABCO under the corresponding Mastech WABCO Health and Welfare Plans. A claim or Liability (i) for medical and dental benefits shall be deemed to be incurred upon the rendering of health services giving rise to the obligation to pay such benefits; (ii) for life insurance and accidental death and dismemberment insurance benefits shall be deemed to be incurred upon the occurrence of the event giving rise to the entitlement to such benefits; and (iii) for disability benefits shall be deemed to be incurred on the date an individual is deemed to be disabled, as defined under the applicable plan.

Appears in 2 contracts

Samples: Employee Matters Agreement (American Standard Companies Inc), Employee Matters Agreement (WABCO Holdings Inc.)

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