Common use of IMS Health Savings Plan Clause in Contracts

IMS Health Savings Plan. (b) Prior to the date on which the transfer of assets and liabilities to the IMS Health Savings Plan shall occur (the "IMS Health Savings Plan Transfer Date"), which date shall occur as promptly as practicable following the Effective Time, Corporation shall (A) cause the trustee of the Corporation Savings Plan to segregate, in accordance with the spinoff provisions set forth under Section 414(l) of the Code, the assets of the Corporation Savings Plan representing the full account balances of IMS Health Transferred Savings Plan Employees for all periods of participation through the Effective Time (including, as applicable, all contributions and all earnings attributable thereto); (B) make all required filings and submissions to the appropriate governmental agencies; and (C) make all required amendments to the Corporation Savings Plan and related trust agreement necessary to provide for the segregation and transfer of assets described in this Section 3.2. (c) On the IMS Health Savings Plan Transfer Date, IMS Health shall cause the trustee of the Corporation Savings Plan to transfer to the trustee of the IMS Health Savings Plan the full account balances (inclusive of loans) of IMS Health Transferred Savings Plan Employees in kind based on those investment funds in which such account balances are then invested (including, but not limited to, the pooled stock fund described in Section 3.4); provided, however, that loans to IMS Health Transferred Savings Plan Employees shall be transferred in the form of notes. In consideration of the segregation and transfer of assets described herein, the IMS Health Savings Plan shall, as of the IMS Health Savings Plan Transfer Date, assume all Liabilities attributable to such assets, whether incurred prior to or after the Effective Time. If the account balances of the IMS Health Transferred Savings Plan that are transferred on the IMS Health Savings Plan Transfer Date are thereafter determined to have been incorrect, the parties agree to make appropriate payments or asset transfers to correct such error (appropriately adjusted for subsequent investment experience and expenses incurred).

IMS Health Savings Plan. (a) As of the Effective Time, IMS Health shall adopt the IMS Health Savings Plan for the benefit of IMS Health Employees, IMS Health Disabled Employees, IMS Health Transitional Employees and IMS Health Retirees who were participants in the Corporation Savings Plan immediately prior to the Effective Time (the "IMS Health Transferred Savings Plan Employees"). (b) Prior to the date on which the transfer of assets and liabilities to the IMS Health Savings Plan shall occur (the "" IMS Health Savings Plan Transfer Date"), which date shall occur as promptly as practicable following the Effective Time, Corporation shall (A) cause the trustee of the Corporation Savings Plan to segregate, in accordance with the spinoff provisions set forth under Section 414(l) of the Code, the assets of the Corporation Savings Plan representing the full account balances of IMS Health Transferred Savings Plan Employees for all periods of participation through the Effective Time (including, as applicable, all contributions and all earnings attributable thereto); (B) make all required filings and submissions to the appropriate governmental agencies; and (C) make all required amendments to the Corporation Savings Plan and related trust agreement necessary to provide for the segregation and transfer of assets described in this Section 3.2. (c) On the IMS Health Savings Plan Transfer Date, IMS Health shall cause the trustee of the Corporation Savings Plan to transfer to the trustee of the IMS Health Savings Plan the full account balances (inclusive of loans) of IMS Health Transferred Savings Plan Employees in kind based on those investment funds in which such account balances are then invested (including, but not limited to, the pooled stock fund described in Section 3.4); provided, however, that loans to IMS Health Transferred Savings Plan Employees shall be transferred in the form of notes. In consideration of the segregation and transfer of assets described herein, the IMS Health Savings Plan shall, as of the IMS Health Savings Plan Transfer Date, assume all Liabilities attributable to such assets, whether incurred prior to or after the Effective Time. If the account balances of the IMS Health Transferred Savings Plan that are transferred on the IMS Health Savings Plan Transfer Date are thereafter determined to have been incorrect, the parties agree to make appropriate payments or asset transfers to correct such error (appropriately adjusted for subsequent investment experience and expenses incurred).

IMS Health Savings Plan. (b) Prior to the date on which the transfer of assets and liabilities to the IMS Health Savings Plan shall occur (the "IMS Health Savings Plan Transfer DateHEALTH SAVINGS PLAN TRANSFER DATE"), which date shall occur as promptly as practicable following the Effective Time, Corporation shall (A) cause the trustee of the Corporation Savings Plan to segregate, in accordance with the spinoff provisions set forth under Section 414(l) of the Code, the assets of the Corporation Savings Plan representing the full account balances of IMS Health Transferred Savings Plan Employees for all periods of participation through the Effective Time (including, as applicable, all contributions and all earnings attributable thereto); (B) make all required filings and submissions to the appropriate governmental agencies; and (C) make all required amendments to the Corporation Savings Plan and related trust agreement necessary to provide for the segregation and transfer of assets described in this Section 3.2. (c) On the IMS Health Savings Plan Transfer Date, IMS Health shall cause the trustee of the Corporation Savings Plan to transfer to the trustee of the IMS Health Savings Plan the full account balances (inclusive of loans) of IMS Health Transferred Savings Plan Employees in kind based on those investment funds in which such account balances are then invested (including, but not limited to, the pooled stock fund described in Section 3.4); providedPROVIDED, howeverHOWEVER, that loans to IMS Health Transferred Savings Plan Employees shall be transferred in the form of notes. In consideration of the segregation and transfer of assets described herein, the IMS Health Savings Plan shall, as of the IMS Health Savings Plan Transfer Date, assume all Liabilities attributable to such assets, whether incurred prior to or after the Effective Time. If the account balances of the IMS Health Transferred Savings Plan that are transferred on the IMS Health Savings Plan Transfer Date are thereafter determined to have been incorrect, the parties agree to make appropriate payments or asset transfers to correct such error (appropriately adjusted for subsequent investment experience and expenses incurred).