Health and Welfare Benefit Plans. DevCo shall or shall cause a member of the DevCo Group to have in effect, no later than the Business Day immediately prior to the Plan Transition Date, DevCo Welfare Plans providing health and welfare benefits for the benefit of each DevCo Employee with terms that are, in the aggregate, substantially similar to those provided to the applicable DevCo Employee immediately prior to the date on which such DevCo Welfare Plans become effective.
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.)