Common use of JOINT SAVINGS PLAN Clause in Contracts

JOINT SAVINGS PLAN. (a) Effective on the Distribution Date, the GenCorp Retirement Savings Plan and the Profit Sharing Retirement and Savings Plan of GenCorp Inc. and Certain Participating Subsidiaries will become multiple employer plans (collectively, "Joint Savings Plan") in which both GenCorp and OMNOVA will be unrelated participating employers. Day-to-day administration of the Joint Savings Plan will be performed by GenCorp with cooperation and assistance of OMNOVA pursuant to the separate Services and Support Agreement between GenCorp and OMNOVA.

JOINT SAVINGS PLAN. (a) Effective on or prior to the Distribution Date, the GenCorp Retirement Savings Plan and the GenCorp Profit Sharing Retirement and Savings Plan of GenCorp Inc. and Certain Participating Subsidiaries will become a multiple employer plan or plans (collectively, "Joint Savings Plan") in which both GenCorp and OMNOVA Omnova will be unrelated participating employers. Day-to-day administration of the The Joint Savings Plan will be performed by GenCorp with cooperation and assistance of OMNOVA administered pursuant to the separate Services and Support Agreement between GenCorp and OMNOVAOmnova.