Leland’s Water and Wastewater Utility Employee Liabilities Sample Clauses

Leland’s Water and Wastewater Utility Employee Liabilities. Leland shall retain all liabilities and obligations, including, without limitation, the liability and obligation for all wages, salaries, accrued time off pay, unemployment, welfare benefits, and retirement benefits, for any claims made or incurred by any Leland employee prior to the Date of Hire. The Sanitary District shall not, at any time, assume any liability for the benefits of any New Employee under any of Leland's benefit plans. Leland shall be responsible for providing any Leland Employee, and such Leland Employee’s “qualified beneficiaries” within the meaning of Section 4980B(g)(1) of the Federal Revenue Code, whose “qualifying event,” within the meaning of Section 4980B(f)(3) of the Federal Revenue Code occurs on or prior to the Date of Hire, with the continuation of group health coverage required by Section 4980B(f) of the Federal Revenue Code under the terms of the health plan maintained by Leland.
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