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Retiree Medical Plan Sample Clauses

Retiree Medical PlanEffective August 1, 1993, and as amended herein by the Board of Supervisors, the County shall administer a Retiree Medical Plan (Plan) for employees to include a Retiree Medical Grant (Grant) or a lump sum benefits (Lump Sum) as set forth below. New employees hired on or after October 12, 2007 are not eligible for the Grant or Lump Sum.
Retiree Medical Plan. Before the Effective Time, Adient shall establish the Adient U.S. Retiree Medical Plan and the Adient U.S. VEBA.
Retiree Medical Plan. (1) Employees hired on or before December 31, 1995 shall retain Citizens Retiree Medical with prescriptions and retiree life insurance. Only those employees who are in the bargaining unit covered by this collective bargaining agreement as of December 31, 1995 are eligible to receive this benefit. (2) Citizens Retiree Medical shall not apply to employees hired on or after January 1, 1996. (3) (RELOCATED FROM ATTACHMENT #2) “Courtland Employees”: Those former GTE employees covered by this accretion will continue to be covered by the Retiree and Medical Life Insurance Program (x-GTE) in effect as of February 1997. However, in accordance with the October 1, 1999 collective bargaining agreement, such employees will be offered the retiree medical buy-out option contained in Article 24.
Retiree Medical Plan. The Seller shall, on and after the Closing Date, continue to provide retiree medical coverage under its Retiree Medical Plan for Fasco Employees to individuals and their eligible spouses and dependents who are receiving retiree medical benefits as of the Closing Date ("Company Retirees"); provided, however, that the Seller may, at any time, in Seller's sole discretion (subject to applicable Laws), revise or terminate the medical coverage as applicable to such Company Retirees at the same time and in the same manner that such coverage is revised or terminated with respect to all other similarly-situated individuals under the Retiree Medical Plan for Fasco Employees.
Retiree Medical PlanFrom and after the Closing, Stockholder shall take all reasonable action to maintain retiree medical benefits under Stockholder’s retiree medical plan for those Applicable Employees who are eligible to receive such retiree medical benefits under such retiree medical plan of Stockholder as of the Closing Date. This Agreement does not limit Stockholder’s ability to terminate or otherwise amend Stockholder’s retiree medical coverage following the Closing; provided, that, as a result of such amendment or termination, such Applicable Employees are treated no less favorably than the employees of Stockholder generally.
Retiree Medical Plan. As of the Distribution Date, PHH shall have adopted, approved and established the PHH Corporation Retiree Medical Plan, and Cendant shall have adopted the Cendant corporation Retiree Medical Plan, in such forms substantially as previously disclosed to each other. Following the Distribution Date (i) PHH shall assume any and all retiree medical and retiree insurance obligations, to the extent in existence immediately prior to the Distribution Date, related to any person who is actively employed by PHH immediately following the Distribution Date and (ii) Cendant shall retain any and all retiree medical and retiree insurance obligations, to the extent in existence immediately prior to the Distribution Date, related to both (A) any person who was formerly employed by PHH and has retired by either PHH or Cendant prior to the Distribution Date and (B) any person who does not become an employee of PHH immediately following the Distribution Date.
Retiree Medical Plan. The term “Retiree Medical Plan” means and includes the KeyCorp Retiree Medical Plan as may be from time to time amended, restated, or otherwise modified, including any plan that, after the Effective Date, succeeds, replaces, or is substituted for that plan. In the event that the Plan is terminated without a successor plan being substituted for the Retiree Medical Plan, then in such event, for purposes of this Agreement only, Xxxxx (and his eligible dependents) shall be provided with individual medical coverage which, at a minimum, will be comparable to the medical coverage provided, or which would have been provided to Xxxxx under the terms of the Retiree Medical Plan, and which shall satisfy Key’s obligations with regard to Section 7.1, Section 7.2 and Section 7.3 hereof.
Retiree Medical PlanThe Buyer agrees that, upon and following the Domestic Employee Transition Date, the Buyer Entity shall sponsor a retiree medical plan (the "BUYER RETIREE MEDICAL PLAN") with respect to the Domestic Transferred Employees who participate in the Sabre Inc. Retiree Medical Plan (the "SELLER RETIREE MEDICAL PLAN") prior to the Domestic Employee Transition Date with benefits and privileges which are equivalent to those provided to similarly situated employees of the Buyer Entity. The Buyer Entity shall take into account each Domestic Transferred Employee's Past Service for purposes of eligibility in the Buyer Retiree Medical Plan. The Buyer Retiree Medical Plan may include such other terms and provisions as shall be determined by the Buyer in its discretion to the extent not inconsistent with applicable Law and this Section 8.7.
Retiree Medical PlanSeller currently maintains the "GenCorp Retiree Medical Plan" (the "Retiree Medical Plan") providing medical benefits for eligible retired employees of GenCorp and their respective eligible dependents. With respect to the medical benefits for current and future retirees, the following will apply: (i) Buyer will have no obligation to provide retiree medical benefits to any current retiree or eligible dependent of a current retiree. (ii) Buyer's benefits to be offered to Transferred Salaried Employees do not include a retiree medical plan. (iii) Effective as of the Closing, no Transferred Salaried Employee who is not eligible as of the Closing to participate in the Retiree Medical Plan will become eligible to participate in the Retiree Medical Plan.
Retiree Medical Plan. If Bernstock is receiving retiree medical benefits under this Agreement because of total disability and is no longer totally disabled and is under age 55, such benefits will cease.