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 Newco Employees under Xxxxxxx Benefit Arrangements shall be transferred to and be in full force and effect under the corresponding NetScout Benefit Arrangements until such beneficiary designations, authorizations or rights are replaced or revoked by, or no longer apply, to the relevant Newco Employee.

Appears in 2 contracts

Samples: Employee Matters Agreement (Netscout Systems Inc), Employee Matters Agreement (Netscout Systems Inc)

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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 contemplated by this Agreement, all beneficiary designations, authorizations for the release of Information and rights to reimbursement made by or relating to Newco Nextracker Group Employees under Xxxxxxx Flex Benefit Arrangements shall be transferred to and be in full force and effect under the corresponding NetScout Nextracker Benefit Arrangements until such beneficiary designations, authorizations or rights are replaced or revoked by, or no longer apply, to the relevant Newco Nextracker Group Employee.

Appears in 1 contract

Samples: Employee Matters Agreement (Nextracker 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 Newco Employees under Xxxxxxx Fox Benefit Arrangements shall be transferred to and be in full force and effect under the corresponding NetScout Ainge Benefit Arrangements until such beneficiary designations, authorizations or rights are replaced or revoked by, or no longer apply, to the relevant Newco Employee.

Appears in 1 contract

Samples: Employee Matters Agreement (Stevens Holding Company, Inc.)

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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 Newco Employees under Xxxxxxx Fox Benefit Arrangements shall be transferred to and be in full force and effect under the corresponding NetScout 34 Ainge Benefit Arrangements until such beneficiary designations, authorizations or rights are replaced or revoked by, or no longer apply, to the relevant Newco Employee.

Appears in 1 contract

Samples: Employee Matters Agreement

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