Common use of Post-Distribution Transitional Arrangements Clause in Contracts

Post-Distribution Transitional Arrangements. (a) Continuance of Elections, Co-Payments and Maximum Benefits. (i) As of the Distribution Date or such other date as REI and Resources may mutually agree, Resources shall cause the Resources Health and Welfare Plans to maintain substantially comparable coverage and contribution elections, if any, made by Resources Employees under the REI Health and Welfare Plans and apply such elections under the Resources Health and Welfare Plans for the remainder of the period or periods, if any, for which such elections are by their terms applicable. The transfer or other movement of employment between REI and Resources in connection with the Distribution shall constitute neither a "status change" under the REI Health and Welfare Plans or the Resources Health and Welfare Plans nor a "qualifying event," as defined under COBRA. (ii) On and after the Distribution Date, Resources shall cause the Resources Health Plans to recognize and give credit for all benefits paid to Resources Employees under the REI Health Plans for (A) all amounts applied to deductibles, out of pocket maximums, co-payments and other applicable benefit coverage limits with respect to which such expenses have been incurred by Resources Employees under the REI Health Plans for the remainder of the calendar year in which the Distribution Date occurs and (B) all benefits paid to Resources Employees under the REI Health Plans for purposes of determining when such persons have reached their lifetime maximum benefits under the Resources Health Plans. Notwithstanding the above, Resources's obligations under this Subsection 6.03(a)(ii) shall be limited by the market availability of health insurance products or other arrangements satisfying the criteria described above. Resources shall use its commercially reasonable best efforts to locate and engage the services of a vendor whose policies or other arrangements meet the requirements above.

Post-Distribution Transitional Arrangements. (a) Continuance of Elections, Co-Payments and Maximum Benefits. (i) As of the Distribution Date or such other date as REI and Resources may mutually agree, Resources Huttig shall cause the Resources Huttig Health and Welfare Plans to recognize and maintain substantially comparable all coverage and contribution elections, if any, elections made by Resources Employees Huttig Individuals under the REI Crane Health and Welfare Plans and apply such elections under the Resources Huttig Health and Welfare Plans for the remainder of the period or periods, if any, periods for which such elections are by their terms applicable. The transfer or other movement of employment between REI and Resources in connection with from Crane to Huttig at any time before the Close of the Distribution Date shall neither constitute neither nor be treated as a "status change" under the REI Crane Health and Welfare Plans or the Resources Huttig Health and Welfare Plans nor a "qualifying event," as defined under COBRAPlans. (ii) On and after the Distribution Date, Resources Huttig shall cause the Resources Huttig Health and Welfare Plans to recognize and give credit for all benefits paid to Resources Employees under the REI Health Plans for (A) all amounts applied to deductibles, out of out-of-pocket maximums, co-payments and other applicable benefit coverage limits with respect to which such expenses have been incurred by Resources Employees Huttig Individuals under the REI Crane Health and Welfare Plans for the remainder of the calendar year in which the Distribution Date occurs occurs, and (B) all benefits paid to Resources Employees Huttig Individuals under the REI Crane Health and Welfare Plans for purposes of determining when such persons have reached their lifetime maximum benefits under the Resources Huttig Health and Welfare Plans. Notwithstanding the above, Resources's obligations under this Subsection 6.03(a)(ii. (iii) shall be limited by the market availability of health insurance products or other arrangements satisfying the criteria described above. Resources Huttig shall use its commercially reasonable best efforts to locate (A) provide coverage to Huttig Individuals under the Huttig Group Life Program without the need to undergo a physical examination or otherwise provide evidence of insurability, and engage (B) recognize and maintain all irrevocable assignments and accelerated benefit option elections made by Huttig Individuals under the services of a vendor whose policies or other arrangements meet the requirements aboveCrane Group Life Program.

Post-Distribution Transitional Arrangements. (a) Continuance of Elections, Co-Payments and Maximum Benefits.. ---------------------------------------------------------- (i) As of the Distribution Date or such other date as REI HP and Resources Agilent may mutually agree, Resources Agilent shall cause the Resources Agilent Health and Welfare Plans to recognize and maintain substantially comparable all coverage and contribution elections, if any, elections made by Resources Agilent Employees and Agilent Transferred Employees under the REI HP Health and Welfare Plans and apply such elections under the Resources Agilent Health and Welfare Plans for the remainder of the period or periods, if any, periods for which such elections are by their terms applicable. The transfer or other movement of employment between REI and Resources in connection with HP to Agilent at any time upon or before the Distribution Date shall neither constitute neither nor be treated as a "status change" or termination of employment under the REI HP Health and Welfare Plans or the Resources Agilent Health and Welfare Plans nor a "qualifying event," as defined under COBRAPlans. (ii) On and after the Distribution Date, Resources Agilent shall cause the Resources Agilent Health Plans to recognize and give credit for all benefits paid to Resources Employees under the REI Health Plans for (A) all amounts applied to deductibles, out of out-of-pocket maximums, co-payments and other applicable benefit coverage limits with respect to which such expenses have been incurred by Resources Agilent Transferred Employees under the REI HP Health Plans for the remainder of the calendar year in which the Distribution Date occurs occurs, and (B) all benefits paid to Resources Agilent Transferred Employees under the REI HP Health Plans for purposes of determining when such persons have reached their lifetime maximum benefits under the Resources Agilent Health Plans. Notwithstanding the above, Resources's obligations under this Subsection 6.03(a)(ii) shall be limited by the market availability of health insurance products or other arrangements satisfying the criteria described above. Resources shall use its commercially reasonable best efforts to locate and engage the services of a vendor whose policies or other arrangements meet the requirements above.

Post-Distribution Transitional Arrangements. (a) Continuance of Elections, Co-Payments Payments, and Maximum Benefits.. To the extent permitted by the applicable Health and Welfare Plan and applicable law: (i) As of the Distribution Date or such other date as REI and Resources may mutually agree, Resources SpinCo shall cause the Resources SpinCo Health and Welfare Plans to recognize and maintain substantially comparable all coverage and contribution elections, if any, elections made by Resources Employees Transferred Individuals under the REI Parent Health and Welfare Plans Plans, as such elections were last in effect during the period immediately prior to the Distribution Date, and shall apply such elections under the Resources SpinCo Health and Welfare Plans for the remainder of the period or periods, if any, periods for which such elections are by their terms applicableapplicable (subject to applicable election change rights). The transfer or other movement of employment between REI and Resources in connection with Parent shall cause the Distribution shall constitute neither a "status change" under claims administrator for the REI Parent Health and Welfare Plans or to transfer to the Resources claims administrator for the SpinCo Health and Welfare Plans nor a "qualifying event," as defined under COBRAall data necessary to maintain such coverage and elections. (ii) On and after the Distribution Date, Resources SpinCo shall cause the Resources SpinCo Health and Welfare Plans to recognize and give credit for all benefits paid to Resources Employees under the REI Health Plans for (A) all amounts applied to deductibles, out of out-of-pocket maximums, co-payments and other applicable benefit coverage limits with respect to which such expenses which have been incurred by Resources Employees Transferred Individuals under the REI Parent Health and Welfare Plans for the remainder of the calendar benefit limit year in which the Distribution Date occurs occurs, and (B) all benefits paid to Resources Employees Transferred Individuals under the REI Parent Health Plans and Welfare Plans, during and prior to the benefit limit year in which the Distribution occurs, for purposes of determining when such persons have reached their lifetime maximum benefits under the Resources SpinCo Health and Welfare Plans. Notwithstanding . (iii) SpinCo shall recognize and cover under the above, Resources's obligations under this Subsection 6.03(a)(ii) shall be limited SpinCo Health and Welfare Plans all eligible employee groups covered by the market availability Parent Health and Welfare Plans (pertaining to Transferred Individuals) as of health the Distribution Date (determined under the applicable Plan documents). (iv) SpinCo shall (A) provide coverage to Transferred Individuals under the SpinCo Health and Welfare Plans without the need to undergo a physical examination or otherwise provide evidence of insurability, and (B) recognize and maintain all irrevocable assignments, elections and beneficiary designations made by Transferred Individuals in connection with their life insurance products or other arrangements satisfying coverage under the criteria described above. Resources shall use its commercially reasonable best efforts to locate Parent Health and engage the services of a vendor whose policies or other arrangements meet the requirements aboveWelfare Plans and any predecessor plans.

Post-Distribution Transitional Arrangements. (a) Continuance of Elections, Co-Payments and Maximum Benefits. (i) As of the Distribution Date or such other date as REI and Resources may mutually agree, Resources Technologies shall cause the Resources Technologies Health and Welfare Plans to recognize and maintain substantially comparable all coverage and contribution elections, if any, elections made by Resources Employees Transferred Individuals under the REI Parent Health and Welfare Plans and apply such elections under the Resources Technologies Health and Welfare Plans for the remainder of the period or periods, if any, periods for which such elections are by their terms applicable. The transfer or other movement of employment between REI and Resources in connection with from Parent to Technologies at any time before the Close of the Distribution Date shall neither constitute neither nor be treated as a "status change" under the REI Parent Health and ------------- Welfare Plans or the Resources Technologies Health and Welfare Plans nor a "qualifying event," as defined under COBRAPlans. (ii) On and after the Distribution Date, Resources Technologies shall cause the Resources Technologies Health and Welfare Plans to recognize and give credit for all benefits paid to Resources Employees under the REI Health Plans for (A) all amounts applied to deductibles, out of out-of-pocket maximums, co-payments and other applicable benefit coverage limits with respect to which such expenses have been incurred by Resources Employees Transferred Individuals under the REI Parent Health and Welfare Plans for the remainder of the calendar year in which the Distribution Date occurs occurs, and (B) all benefits paid to Resources Employees Transferred Individuals under the REI Parent Health and Welfare Plans for purposes of determining when such persons have reached their lifetime maximum benefits under the Resources Technologies Health and Welfare Plans. (iii) Technologies shall (A) provide coverage to Transferred Individuals under the Technologies Group Life Program without the need to undergo a physical examination or otherwise provide evidence of insurability, and (B) recognize and maintain all irrevocable assignments and accelerated benefit option elections made by Transferred Individuals under the Parent Group Life Program. Notwithstanding anything herein to the abovecontrary, Resources's obligations under this Subsection 6.03(a)(ii) shall Transferred Individuals who elect a change in life insurance coverage may be limited by subject to rules of the market availability of health insurance products insurer, including without limitation, physical examination or other arrangements satisfying evidence of insurability. (b) HCFA Data Match. Effective as of May 1, 2001, Technologies shall assume administrative responsibility for HCFA data match reports and all Liabilities relating to, arising out of or resulting from claims verified by Parent or Technologies under the criteria described aboveHCFA data match reports for Transferred Individuals. Resources Technologies shall use not change any employee identification numbers assigned by Parent without notifying Parent of the change and the new employee identification number. As soon as administratively practicable after December 31, 2002, Technologies shall transfer all information to Parent to allow Parent to verify HCFA data match reports for its commercially reasonable best efforts to locate employees and engage the services of a vendor whose policies or other arrangements meet the requirements aboveformer employees. (c) Other Post-Distribution Transitional Rules.

Post-Distribution Transitional Arrangements. (a) Continuance of Elections, Co-Payments and Maximum Benefits.. ---------------------------------------------------------- (i) As of the Distribution Date or such other date as REI and Resources may mutually agree, Resources Global Payments shall cause the Resources Global Payments Health and Welfare Plans to recognize and maintain substantially comparable all coverage and contribution elections, if any, elections made by Resources Employees Global Payments Health and Welfare Plan Participants under the REI NDC Health and Welfare Plans and apply such elections under the Resources Global Payments Health and Welfare Plans for the remainder of the period or periods, if any, periods for which such elections are by their terms applicable. The transfer or other movement of employment between REI and Resources in connection with from NDC to Global Payments at any time before the Close of the Distribution Date shall neither constitute neither nor be treated as a "status change" under the REI NDC Health and Welfare Plans or the Resources Global Payments Health and Welfare Plans nor a "qualifying event," as defined under COBRAPlans. (ii) On and after the Distribution Date, Resources Global Payments shall cause the Resources Global Payments Health and Welfare Plans to recognize and give credit for all benefits paid to Resources Employees under the REI Health Plans for (A) all amounts applied to deductibles, out of out-of-pocket maximums, co-payments and other applicable benefit coverage limits with respect to which such expenses have been incurred by Resources Employees Global Payments Health and Welfare Plan Participants under the REI NDC Health and Welfare Plans for the remainder of the calendar year (or other applicable limitation period) in which the Distribution Date occurs occurs, and (B) all benefits paid to Resources Employees Global Payments Health and Welfare Plan Participants under the REI NDC Health and Welfare Plans for purposes of determining when such persons have reached their lifetime maximum benefits under the Resources Global Payments Health and Welfare Plans. Notwithstanding the above, Resources's obligations under this Subsection 6.03(a)(ii. (iii) shall be limited by the market availability of health insurance products or other arrangements satisfying the criteria described above. Resources Global Payments shall use its commercially reasonable best efforts to locate cause the respective insurance carriers to recognize and engage maintain all irrevocable assignments and accelerated option elections made by Global Payments Health and Welfare Plan Participants under the services of a vendor whose policies or other arrangements meet the requirements aboveNDC Group Life Program.

Post-Distribution Transitional Arrangements. (a) Continuance of Elections, Co-Payments and Maximum Benefits. (i) As of the Distribution Date or such other date as REI and Resources may mutually agree, Resources Technologies shall cause the Resources Technologies Health and Welfare Plans to recognize and maintain substantially comparable all coverage and contribution elections, if any, elections made by Resources Employees Transferred Individuals under the REI Parent Health and Welfare Plans and apply such elections under the Resources Technologies Health and Welfare Plans for the remainder of the period or periods, if any, periods for which such elections are by their terms applicable. The transfer or other movement of employment between REI and Resources in connection with from Parent to Technologies at any time before the Close of the Distribution Date shall neither constitute neither nor be treated as a "status change" under the REI Parent ------------- Health and Welfare Plans or the Resources Technologies Health and Welfare Plans nor a "qualifying event," as defined under COBRAPlans. (ii) On and after the Distribution Date, Resources Technologies shall cause the Resources Technologies Health and Welfare Plans to recognize and give credit for all benefits paid to Resources Employees under the REI Health Plans for (A) all amounts applied to deductibles, out of out-of-pocket maximums, co-payments and other applicable benefit coverage limits with respect to which such expenses have been incurred by Resources Employees Transferred Individuals under the REI Parent Health and Welfare Plans for the remainder of the calendar year in which the Distribution Date occurs occurs, and (B) all benefits paid to Resources Employees Transferred Individuals under the REI Parent Health and Welfare Plans for purposes of determining when such persons have reached their lifetime maximum benefits under the Resources Technologies Health and Welfare Plans. (iii) Technologies shall (A) provide coverage to Transferred Individuals under the Technologies Group Life Program without the need to undergo a physical examination or otherwise provide evidence of insurability, and (B) recognize and maintain all irrevocable assignments and accelerated benefit option elections made by Transferred Individuals under the Parent Group Life Program. Notwithstanding anything herein to the abovecontrary, Resources's obligations under this Subsection 6.03(a)(ii) shall Transferred Individuals who elect a change in life insurance coverage may be limited by subject to rules of the market availability of health insurance products insurer, including without limitation, physical examination or other arrangements satisfying evidence of insurability. (b) HCFA Data Match. Effective as of May 1, 2001, Technologies shall assume administrative responsibility for HCFA data match reports and all Liabilities relating to, arising out of or resulting from claims verified by Parent or Technologies under the criteria described aboveHCFA data match reports for Transferred Individuals. Resources Technologies shall use not change any employee identification numbers assigned by Parent without notifying Parent of the change and the new employee identification number. As soon as administratively practicable after December 31, 2002, Technologies shall transfer all information to Parent to allow Parent to verify HCFA data match reports for its commercially reasonable best efforts to locate employees and engage the services of a vendor whose policies or other arrangements meet the requirements aboveformer employees. (c) Other Post-Distribution Transitional Rules.

Post-Distribution Transitional Arrangements. (a) Continuance of Elections, Co-Payments Payments, and Maximum Benefits. (i) As of the Distribution Date or such other date as REI and Resources may mutually agree, Resources SpinCo shall cause the Resources SpinCo Health and Welfare Plans to recognize and maintain substantially comparable all coverage and contribution elections, if any, elections made by Resources Employees Transferred Individuals under the REI Parent Health and Welfare Plans Plans, as such elections were last in effect during the period immediately prior to the Distribution Date, and shall apply such elections under the Resources SpinCo Health and Welfare Plans for the remainder of the period or periods, if any, periods for which such elections are by their terms applicableapplicable (subject to applicable election change rights). The transfer or other movement of employment between REI and Resources in connection with Parent shall cause the Distribution shall constitute neither a "status change" under claims administrator for the REI Parent Health and Welfare Plans or to transfer to the Resources claims administrator for the SpinCo Health and Welfare Plans nor a "qualifying event," as defined under COBRAall data necessary to maintain such coverage and elections. (ii) On and after the Distribution Date, Resources SpinCo shall cause the Resources SpinCo Health and Welfare Plans to recognize and give credit for all benefits paid to Resources Employees under the REI Health Plans for (A) all amounts applied to deductibles, out of out-of-pocket maximums, co-payments and other applicable benefit coverage limits with respect to which such expenses which have been incurred by Resources Employees Transferred Individuals under the REI Parent Health and Welfare Plans for the remainder of the calendar benefit limit year in which the Distribution Date occurs occurs, and (B) all benefits paid to Resources Employees Transferred Individuals under the REI Parent Health Plans and Welfare Plans, during and prior to the benefit limit year in which the Distribution occurs, for purposes of determining when such persons have reached their lifetime maximum benefits under the Resources SpinCo Health and Welfare Plans. Notwithstanding . (iii) SpinCo shall recognize and cover under the above, Resources's obligations under this Subsection 6.03(a)(ii) shall be limited SpinCo Health and Welfare Plans all eligible employee groups covered by the market availability Parent Health and Welfare Plans (pertaining to Transferred Individuals) as of health the Distribution Date (determined under the applicable Plan documents). (iv) SpinCo shall (A) provide coverage to Transferred Individuals under the SpinCo Health and Welfare Plans without the need to undergo a physical examination or otherwise provide evidence of insurability, and (B) recognize and maintain all irrevocable assignments, elections and beneficiary designations made by Transferred Individuals in connection with their life insurance products or other arrangements satisfying coverage under the criteria described above. Resources shall use its commercially reasonable best efforts to locate Parent Health and engage the services of a vendor whose policies or other arrangements meet the requirements aboveWelfare Plans and any predecessor plans.

Post-Distribution Transitional Arrangements. (a) Continuance of Elections, Co-Payments and Maximum Benefits. (i) As of the Distribution Date or such other date as REI and Resources may mutually agree, Resources Huttig shall cause the Resources Huttig Health and Welfare Plans to recognize and maintain substantially comparable all coverage and contribution elections, if any, elections made by Resources Employees Huttig Individuals under the REI Crane Health and Welfare Plans and apply such elections under the Resources Huttig Health and Welfare Plans for the remainder of the period or periods, if any, periods for which such elections are by their terms applicable. The transfer or other movement of employment between REI and Resources in connection with from Crane to Huttig at any time before the Close of the Distribution Date shall neither constitute neither nor be treated as a "status change" under the REI Crane Health and Welfare Plans or the Resources Huttig Health and Welfare Plans nor a "qualifying event," as defined under COBRAPlans. (ii) On and after the Distribution Date, Resources Huttig shall cause the Resources Huttig Health and Welfare Plans to recognize and give credit for all benefits paid to Resources Employees under the REI Health Plans for (A) all amounts applied to deductibles, out of out-of-pocket maximums, co-payments and other applicable benefit coverage limits with respect to which such expenses have been incurred by Resources Employees Huttig Individuals under the REI Crane Health and Welfare Plans for the remainder of the calendar year in which the Distribution Date occurs occurs, and (B) all benefits paid to Resources Employees Huttig Individuals under the REI Health CraneHealth and Welfare Plans for purposes of determining when such persons have reached their lifetime maximum benefits under the Resources Huttig Health and Welfare Plans. Notwithstanding the above, Resources's obligations under this Subsection 6.03(a)(ii. (iii) shall be limited by the market availability of health insurance products or other arrangements satisfying the criteria described above. Resources Huttig shall use its commercially reasonable best efforts to locate (A) provide coverage to Huttig Individuals under the Huttig Group Life Program without the need to undergo a physical examination or otherwise provide evidence of insurability, and engage (B) recognize and maintain all irrevocable assignments and accelerated benefit option elections made by Huttig Individuals under the services of a vendor whose policies or other arrangements meet the requirements aboveCrane Group Life Program.

Post-Distribution Transitional Arrangements. (a) Continuance of Elections, Co-Payments and Maximum Benefits.. ---------------------------------------------------------- (i) As of the Distribution Date or such other date as REI and Resources may mutually agree, Resources Global Payments shall cause the Resources Global Payments Health and Welfare Plans to recognize and maintain substantially comparable all coverage and contribution elections, if any, elections made by Resources Employees Global Payments Health and Welfare Plan Participants under the REI NDC Health and Welfare Plans and apply such elections under the Resources Global Payments Health and Welfare Plans for the remainder of the period or periods, if any, periods for which such elections are by their terms applicable. The transfer or other movement of employment between REI and Resources in connection with from NDC to Global Payments at any time before the Close of the Distribution Date shall neither constitute neither nor be treated as a "status change" under the REI NDC Health and Welfare Plans or the Resources Global Payments Health and Welfare Plans nor a "qualifying event," as defined under COBRAPlans. (ii) On and after the Distribution Date, Resources Global Payments shall cause the Resources Global Payments Health and Welfare Plans to recognize and give credit for all benefits paid to Resources Employees under the REI Health Plans for (A) all amounts applied to deductibles, out of out-of-pocket maximums, co-payments and other applicable benefit coverage limits with respect to which such expenses have been incurred by Resources Employees Global Payments Health and Welfare Plan Participants under the REI NDC Health and Welfare Plans for the remainder of the calendar year (or other applicable limitation period) in which the Distribution Date occurs occurs, and (B) all benefits paid to Resources Employees Global Payments Health and Welfare Plan Participants under the REI NDC Health and Welfare Plans for purposes of determining when such persons have reached their lifetime maximum benefits under the Resources Global Payments Health and Welfare Plans. Notwithstanding the above, Resources's obligations under this Subsection 6.03(a)(ii. (iii) shall be limited by the market availability of health insurance products or other arrangements satisfying the criteria described above. Resources Global Payments shall use its commercially reasonable best efforts to locate cause the respective insurance carriers to recognize and engage maintain all irrevocable assignments and accelerated benefit option elections made by Global Payments Health and Welfare Plan Participants under the services of a vendor whose policies or other arrangements meet the requirements aboveNDC Group Life Program.