Common use of Participation in Xxxxxxx Benefit Arrangements Clause in Contracts

Participation in Xxxxxxx Benefit Arrangements. Except as provided in this Agreement, including without limitation Section 3.1 of this Agreement, effective as of the Distribution Date, (i) Veralto and each member of the Veralto Group, to the extent applicable, shall cease to be a participating company in any Xxxxxxx Benefit Arrangement and (ii) each Veralto Employee shall cease to participate in, be covered by, accrue benefits under, be eligible to contribute to or have any rights under any Xxxxxxx Benefit Arrangement (except to the extent of previously accrued obligations that remain a Liability of any member of the Xxxxxxx Group pursuant to this Agreement).