Assumption of Health and Welfare Plan Liabilities. (a) Immediately After the Distribution Date, all Benefit Liabilities to or relating to Water Pik Individuals under the ATI Health and Welfare Plans shall cease to be Benefit Liabilities of the ATI Health and Welfare Plans and shall be assumed by the corresponding Water Pik Health and Welfare Plans.
Appears in 6 contracts
Samples: Employee Benefits Agreement (Water Pik Technologies Inc), Employee Benefits Agreement (Water Pik Technologies Inc), Employee Benefits Agreement (Water Pik Technologies Inc)