Common use of ATI SICKNESS AND ACCIDENT, LONG TERM DISABILITY AND PENSION DISABILITY BENEFITS Clause in Contracts

ATI SICKNESS AND ACCIDENT, LONG TERM DISABILITY AND PENSION DISABILITY BENEFITS. ATI shall transfer to Water Pik, effective Immediately After the Distribution Date, responsibility for administering all claims incurred by Water Pik Individuals and other employees and former employees of Water Pik and the Water Pik Entities before the Close of the Distribution Date that are administered by ATI as of the Close of the Distribution Date. Water Pik shall administer such claims in the same manner, and using the same methods and procedures, as ATI used in administering such claims. Water Pik shall have sole discretionary authority to make any necessary determinations with respect to such claims, including entering into settlements with respect to such claims.