Establishment of Welfare Plans. Effective as of the Closing Date, Constar shall take all actions necessary or appropriate to establish the Constar Welfare Plans to provide Active Constar Employees (and Former Constar Employees, if applicable) benefits that are identical in all Material Features to those benefits provided under the Crown Welfare Plans from time to time during the period that Crown is providing administrative services with respect to the Constar Welfare Plans pursuant to the terms of the Transition Services Agreement.
Appears in 5 contracts
Samples: Benefits Allocation Agreement, Benefits Allocation Agreement (Constar International Inc), Benefits Allocation Agreement (Constar Inc)
Establishment of Welfare Plans. Effective as of the Closing Date, Constar shall take all actions necessary or appropriate to establish the Constar Welfare Plans to provide Active Constar Employees (and Former Constar Employees, if applicable) benefits that are identical in all Material Features to those benefits provided under the Crown Welfare Plans from time to time during the period that Crown is providing administrative services with respect to the Constar Welfare Plans pursuant to the terms of the Transition Services Agreement.. Section 4.3
Appears in 1 contract
Samples: Benefits Allocation Agreement
