Common use of ROXIO HEALTH PLANS Clause in Contracts

ROXIO HEALTH PLANS. As of the Distribution Date (or such other date(s) as Adaptec and Roxio may mutually agree), Roxio shall have established Roxio Health Plans that will provide coverage for Roxio Employees (and their eligible dependents). Effective as of the last day of the month in which the Distribution Date occurs, Roxio Employees shall cease to be covered under the Adaptec Health Plans, and Roxio shall be solely responsible for (i) all Liabilities incurred with respect to such Roxio Health Plans; and (ii) the administration of the Roxio Health Plans, including, without limitation, the payment of all employer-related costs in establishing and maintaining the Roxio Health Plans, and for the collection and remittance of employee premiums from such date forward.

ROXIO HEALTH PLANS. As of the Distribution Date (or such other date(s) as Adaptec and Roxio may mutually agree), Roxio shall have established Roxio Health Plans that will provide coverage for Roxio Employees (and their eligible dependents). Effective as of the last day of the month in which the Distribution Date occursDate, Roxio Employees shall cease to be covered under a Participating Company in the Adaptec Health Plans, and Roxio shall be solely responsible for (i) all Liabilities incurred with respect to such Roxio Health Plans; and (ii) the administration of the Roxio Health Plans, including, without limitation, the payment of all employer-related costs in establishing and maintaining the Roxio Health Plans, and for the collection and remittance of employee premiums from such date forwardpremiums.