Assumption of Health and Welfare Plan Liabilities. (a) Immediately After the Distribution Date, all Benefit Liabilities to or relating to Teledyne Technologies 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 Teledyne Technologies Health and Welfare Plans.
Appears in 6 contracts
Samples: Employee Benefits Agreement (Allegheny Technologies Inc), Employee Benefits Agreement (Teledyne Technologies Inc), Employee Benefits Agreement (Teledyne Technologies Inc)
