Common use of Standalone Valvoline Benefit Plans Clause in Contracts

Standalone Valvoline Benefit Plans. To the extent that any member of the Valvoline Group maintains any Benefit Plans as of the date hereof that are separate and distinct from the Ashland Global Benefit Plans, such member of the Valvoline Group shall continue to maintain, operate and contribute to such separate Benefit Plans immediately following the date hereof in accordance with their terms, and all Liabilities relating to, arising out of or resulting from such separate Benefit Plans shall be Valvoline Liabilities.

Appears in 4 contracts

Samples: Employee Matters Agreement (Ashland LLC), Employee Matters Agreement (Valvoline Inc), Employee Matters Agreement (Valvoline Inc)

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