Retiree Medical Coverage. (a) The Parties shall enter into the “Retiree Medical Benefits Transfer Agreement” which shall be executed by the Parties and shall be attached to this Agreement as Exhibit 2.9 hereto. (b) Notwithstanding any other provision of this Agreement, Motorola expressly reserves the right to amend, alter, modify the terms of, or terminate the Motorola Post-Employment Health Benefits Plan at any time and to interpret the provisions of that plan with respect to all of its current or former employees, and Freescale expressly reserves the same rights with respect to its retiree health plan referenced in the Retiree Medical Benefits Transfer Agreement (subject to any restrictions upon which the favorable Private Letter Ruling referenced in the Retiree Medical Benefits Transfer Agreement is conditioned). It is understood and agreed by the Parties that Motorola shall not be responsible or otherwise liable for the provision of post-retirement medical coverage to any U.S. Transferred Employee (or to any former Motorola employees covered by the Retiree Medical Benefits Transfer Agreement) other than as may be described in this Section 2.9 or the Retiree Medical Benefits Transfer Agreement. Freescale shall have no obligation to establish successor plans to the Motorola Post-Employment Health Benefits Plan other than as provided in the Retiree Medical Benefits Transfer Agreement, and shall not be otherwise liable for any claims arising from, in connection with or in any manner relating to the Motorola Post-Employment Health Benefits Plan.
Appears in 4 contracts
Samples: Employee Matters Agreement (Freescale Semiconductor Inc), Employee Matters Agreement (Motorola Inc), Employee Matters Agreement (Freescale Semiconductor Inc)
