Common use of Beneficiary Designation/Release of Information/Right to Reimbursement Clause in Contracts

Beneficiary Designation/Release of Information/Right to Reimbursement. To the extent permitted by applicable Law and except as otherwise provided for in this Agreement, all beneficiary designations, authorizations for the release of information and rights to reimbursement made by or relating to SpinCo Employees under Company Benefit Plan shall be transferred to and be in full force and effect under the corresponding SpinCo Benefit Plan until such beneficiary designations, authorizations or rights are replaced or revoked by, or no longer apply, to the relevant SpinCo Employee.

Appears in 5 contracts

Samples: Employee Matters Agreement (Ligand Pharmaceuticals Inc), Employee Matters Agreement (Avista Public Acquisition Corp. II), Merger Agreement (Avista Public Acquisition Corp. II)

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Beneficiary Designation/Release of Information/Right to Reimbursement. To the extent permitted by applicable Law and except as otherwise provided for in this Agreement, all beneficiary designations, authorizations for the release of information and rights to reimbursement made by or relating to SpinCo Spinco Employees under Company PNX Benefit Plan Plans shall be transferred to and be in full force and effect under the corresponding SpinCo Spinco Benefit Plan Plans until such beneficiary designations, authorizations or rights are replaced or revoked by, or no longer applyapply to, to the relevant SpinCo Spinco Employee.

Appears in 4 contracts

Samples: Employee Matters Agreement, Employee Matters Agreement (Virtus Investment Partners, Inc.), Employee Matters Agreement (Phoenix Companies Inc/De)

Beneficiary Designation/Release of Information/Right to Reimbursement. To the extent permitted by applicable Law and except as otherwise provided for in this Agreement, all beneficiary designations, authorizations for the release of information and rights to reimbursement made by or relating to SpinCo Employees under Company DevCo Benefit Plan Arrangements shall be transferred to and be in full force and effect under the corresponding SpinCo Benefit Plan Arrangements until such beneficiary designations, authorizations or rights are replaced or revoked by, or no longer apply, to the relevant SpinCo Employee.

Appears in 4 contracts

Samples: Employee Matters Agreement (Aimco Properties L.P.), Employee Matters Agreement (Aimco OP L.P.), Employee Matters Agreement (Apartment Income REIT Corp.)

Beneficiary Designation/Release of Information/Right to Reimbursement. To the extent permitted by applicable Law law and except as otherwise provided for in this Agreement, all beneficiary designations, authorizations for the release of information and rights to reimbursement made by or relating to SpinCo Employees Participants under Company RemainCo Benefit Plan Plans shall be transferred to and be in full force and effect under the corresponding SpinCo Benefit Plan Plans until such beneficiary designations, authorizations or rights are replaced or revoked by, or no longer apply, to the relevant SpinCo EmployeeParticipant.

Appears in 4 contracts

Samples: Employee Matters Agreement (Hill-Rom Holdings, Inc.), Employee Matters Agreement (Batesville Holdings, Inc.), Employee Matters Agreement (Batesville Holdings, Inc.)

Beneficiary Designation/Release of Information/Right to Reimbursement. To the extent permitted by applicable Law and except as otherwise provided for in this Agreement, all beneficiary designations, authorizations for the release of information and rights to reimbursement made by or relating to SpinCo Employees Spinco Participants under Company Benefit Plan Vector Plans shall be transferred to and be in full force and effect under the corresponding SpinCo Benefit Plan Spinco Plans until such beneficiary designations, authorizations or rights are replaced or revoked by, or no longer applyapply to, to the relevant SpinCo EmployeeSpinco Participant.

Appears in 4 contracts

Samples: Employee Matters Agreement (Douglas Elliman Inc.), Employee Matters Agreement (Douglas Elliman Inc.), Employee Matters Agreement (Douglas Elliman Inc.)

Beneficiary Designation/Release of Information/Right to Reimbursement. To the extent permitted by applicable Law and except as otherwise provided for in this Agreement, all beneficiary designations, authorizations for the release of information Information and rights to reimbursement made by or relating to SpinCo Employees under Company Parent Benefit Plan Arrangements shall be transferred to and be in full force and effect under the corresponding SpinCo Benefit Plan Arrangements until such beneficiary designations, authorizations or rights are replaced or revoked by, or no longer apply, to the relevant SpinCo Employee.

Appears in 2 contracts

Samples: Employee Matters Agreement (N-Able, Inc.), Employee Matters Agreement (N-Able, LLC)

Beneficiary Designation/Release of Information/Right to Reimbursement. To the extent permitted by applicable Law and except as otherwise provided for in this Agreement, all beneficiary designations, authorizations for the release of information and rights to reimbursement made by or relating to SpinCo Spinco Employees under Company Parent Benefit Plan Plans shall be transferred to and be in full force and effect under the corresponding SpinCo Spinco Benefit Plan Plans until such beneficiary designations, authorizations or rights are replaced or revoked by, or no longer applyapply to, to the relevant SpinCo Spinco Employee.

Appears in 2 contracts

Samples: Employee Matters Agreement (Michigan Commerce Bancorp LTD), Employee Matters Agreement (Michigan Commerce Bancorp LTD)

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Beneficiary Designation/Release of Information/Right to Reimbursement. To the extent permitted by applicable Law and except as otherwise provided for in this Agreement, all beneficiary designations, authorizations for the release of information and rights to reimbursement made by or relating to SpinCo Employees Spinco Participants under Company Benefit Plan Remainco Plans shall be transferred to and be in full force and effect under the corresponding SpinCo Benefit Plan Spinco Plans until such beneficiary designations, authorizations or rights are replaced or revoked by, or no longer applyapply to, to the relevant SpinCo EmployeeSpinco Participant.

Appears in 2 contracts

Samples: Employee Matters Agreement (Discovery, Inc.), Employee Matters Agreement (At&t Inc.)

Beneficiary Designation/Release of Information/Right to Reimbursement. To the extent permitted by applicable Law and except as otherwise provided for in this AgreementAgreement or any agreement between SpinCo and the provider of its applicable Benefit Plan, all beneficiary designations, authorizations for the release of information and rights to reimbursement made by or relating to SpinCo Employees under Company Benefit Plan shall be transferred to and be in full force and effect under the corresponding SpinCo Benefit Plan until such beneficiary designations, authorizations or rights are replaced or revoked by, or no longer apply, to the relevant SpinCo Employee.

Appears in 2 contracts

Samples: Employee Matters Agreement (CXApp Inc.), Employee Matters Agreement (Inpixon)

Beneficiary Designation/Release of Information/Right to Reimbursement. To the extent permitted by applicable Law and except as otherwise provided for in this Agreement, all beneficiary designations, authorizations for the release of information Information and rights to reimbursement made by or relating to SpinCo Spinco Employees under Company WDC Benefit Plan Arrangements shall be transferred to and be in full force and effect under the corresponding SpinCo Spinco Benefit Plan Arrangements until such beneficiary designations, authorizations or rights are replaced or revoked by, or no longer apply, to the relevant SpinCo Spinco Employee.

Appears in 1 contract

Samples: Employee Matters Agreement (Sandisk Corp)

Beneficiary Designation/Release of Information/Right to Reimbursement. To the extent permitted by applicable Law law and except as otherwise provided for in this Agreement, all beneficiary designations, authorizations for the release of information and rights to reimbursement made by or relating to SpinCo Employees Spinco Participants under Company Benefit Plan Quanex Plans shall be transferred to and be in full force and effect under the corresponding SpinCo Benefit Plan Spinco Plans until such beneficiary designations, authorizations or rights are replaced or revoked by, or no longer apply, to the relevant SpinCo EmployeeSpinco Participant.

Appears in 1 contract

Samples: Employee Matters Agreement (Quanex Corp)

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