Long-Term Disability Liabilities. The Vendor will be exclusively responsible for the cost and administration of all long-term disability income payments that become due either before or after the Closing Date to all individuals who were employed in the SnackCo Business and were in receipt of long-term disability income payments as at the Closing Date in respect of claims arising before the Closing Date, regardless of whether such individuals become employed by the Purchaser.
Appears in 5 contracts
Samples: Asset Transfer Agreement (Mondelez International, Inc.), Canadian Asset Transfer Agreement (Kraft Foods Group, Inc.), Canadian Asset Transfer Agreement (Kraft Foods Group, Inc.)
