Common use of Continuation of Maximum Benefits Clause in Contracts

Continuation of Maximum Benefits. Constar shall cause the Constar Welfare Plans to recognize and give credit for all benefits paid to Active Constar Employees and Former Constar Employees under the Crown Welfare Plans, before and during the benefit limit year in which the Closing Date occurs, for purposes of determining when such persons have reached their lifetime maximum benefits under the Constar Welfare Plans.

Appears in 5 contracts

Samples: Benefits Allocation Agreement, Benefits Allocation Agreement (Constar Inc), Benefits Allocation Agreement (Constar International Inc)

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Continuation of Maximum Benefits. Constar shall cause the Constar Welfare Plans to recognize and give credit for all benefits paid to Active Constar Employees and Former Constar Employees under the Crown Welfare Plans, before and during the benefit limit year in which the Closing Date occurs, for purposes of determining when such persons have reached their lifetime maximum benefits under the Constar Welfare Plans.. (e)

Appears in 1 contract

Samples: Benefits Allocation Agreement

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