Nondivided Nonqualified Plans. As of the Operational Separation Date, (a) the Parent Group shall retain (or assume to the extent necessary) sponsorship of the Howmet Corporation Supplemental Executive Retirement Plan, the Howmet Corporation Retirement Income Make-Up Plan “B”, the Howmet Corporation Retirement Income Make-Up Plan “A”, the Huck International, Inc. Excess Benefit Plan for Selected Employees, the Alumax Deferred Compensation Plan, the Alumax Deferred Compensation Plan for Former Directors of Amax, the Alcoa Estate Enhancement Deferred Fee Plan for Directors, the Alcoa Fee Continuation Plan for Nonemployee Directors, and the Howmet (Pechiney) Deferred Compensation Plan and, from and after the Operational Separation Date, all Assets and Liabilities thereunder shall be Assets and Liabilities of the Parent Group, and (b) the UpstreamCo Group shall retain (or assume to the extent necessary) sponsorship of the Alcoa Closure Systems Management Retirement Plan, the Alcoa Closure Systems Excess Pension Plan, the Alcoa Fujikura Excess Pension Plan, the Alcoa Home Exteriors Excess Benefit Plan, the Xxxxxxxx Metals Company Benefits Restoration Plan for New Retirement Program and the Xxxxxxxx Metals Company Supplemental Death Benefit Plan for Officers and, from and after the Operational Separation Date, all Assets and Liabilities thereunder shall be Assets and Liabilities of the UpstreamCo Group.
Appears in 4 contracts
Samples: Employee Matters Agreement, Employee Matters Agreement (Alcoa Corp), Employee Matters Agreement (Arconic Inc.)
