Parent Health and Welfare Plans. The SpinCo Group members shall be solely and exclusively responsible for, and shall indemnify and defend the Parent Indemnitees against, any and all claims related to the establishment of, or transfer of Liabilities to, the Mirror Maintained Health and Welfare Plans or Mirror Fringe Benefit and Severance Programs, and/or the SpinCo Group, and/or any amendments to, or termination of, the Mirror Maintained Health and Welfare Plans or Mirror Fringe Benefit and Severance Programs. For the avoidance of doubt, the SpinCo Group shall be solely and exclusively responsible for all Liabilities arising from the establishment of the Mirror Maintained Health and Welfare Plans or Mirror Fringe Benefit and Severance Programs or any such amendment or termination of the Mirror Maintained Health and Welfare Plans or Mirror Fringe Benefit and Severance Programs. The SpinCo Group members shall be solely and exclusively responsible for, and shall indemnify and defend the Parent Indemnitees against, any and all claims related to participation by, or termination of participation by, Employees and Former Employees in the Parent Health and Welfare Plans. For the avoidance of doubt, the SpinCo Group shall be solely and exclusively responsible for all Liabilities arising from the foregoing.
Appears in 2 contracts
Samples: Employee Matters Agreement (GE Vernova Inc.), Employee Matters Agreement (GE Vernova LLC)
Parent Health and Welfare Plans. The SpinCo Group members shall be solely and exclusively responsible for, and shall indemnify and defend the Parent Indemnitees Group against, any and all claims related to the establishment of, or transfer of Liabilities to, the Mirror Maintained Health and Welfare Plans or Mirror Fringe Benefit and Severance Programs, and/or the SpinCo Group, and/or any amendments to, or termination of, the Mirror Maintained Health and Welfare Plans or Mirror Fringe Benefit and Severance Programs. For the avoidance of doubt, the SpinCo Group shall be solely and exclusively responsible for all Liabilities arising from the establishment of the Mirror Maintained Health and Welfare Plans or Mirror Fringe Benefit and Severance Programs or any such amendment or termination of the Mirror Maintained Health and Welfare Plans or Mirror Fringe Benefit and Severance Programs. The SpinCo Group members shall be solely and exclusively responsible for, and shall indemnify and defend the Parent Indemnitees Group against, any and all claims related to participation by, or termination of participation by, Employees Employees, Former Employees, and Legacy Former Employees Employees, in the Parent Health and Welfare Plans. For the avoidance of doubt, the SpinCo Group shall be solely and exclusively responsible for all Liabilities arising from the foregoing.
Appears in 2 contracts
Samples: Employee Matters Agreement (GE HealthCare Technologies Inc.), Employee Matters Agreement (GE Healthcare Holding LLC)
