HEALTH AND WELFARE PLANS SUBROGATION RECOVERY. As soon as administratively feasible following the collection of any such recovery, Holdings shall pay to Continental or the Continental Welfare Plan or the Holdings Welfare Plan, as appropriate, any amounts Holdings recovers from time to time through subrogation or otherwise for claims incurred by or reimbursed to any participant of the Continental Welfare Plan or the Holdings Welfare Plan that paid such claim. As soon as administratively feasible following the collection of any such recovery, Continental shall pay to Holdings or the Holdings Welfare Plan or the Continental Welfare Plan, as appropriate, any amounts Continental recovers from time to time through subrogation or otherwise for claims incurred by or reimbursed to any participant of the Continental Welfare Plan or the Holdings Welfare Plan that paid such claim.
Appears in 4 contracts
Samples: Employee Benefits Separation Agreement (Expressjet Holdings Inc), Employee Benefits Separation Agreement (Expressjet Holdings Inc), Employee Benefits Separation Agreement (Expressjet Holdings Inc)
