U.S. Pension Plans. There shall be no Transfer of Assets or Liabilities (including without limitation with respect to Actions) between, or otherwise among the Parties in respect of, any Benefit Plan maintained by any of them or their respective Affiliates that is a U.S. defined benefit pension plan intended to satisfy the requirements of Section 401(a) of the Code. Without limiting the foregoing, AgCo or a member of its Group shall maintain all Liability under or otherwise in respect of the DuPont Pension and Retirement Plan, including any Actions in respect thereof.
Appears in 4 contracts
Samples: Employee Matters Agreement (Corteva, Inc.), Employee Matters Agreement (DowDuPont Inc.), Employee Matters Agreement (Dow Inc.)
U.S. Pension Plans. There shall be no Transfer transfer of Assets assets or Liabilities liabilities (including without limitation with respect to Actions) between, or otherwise among the Parties in respect of, any Benefit Plan maintained by any of them or their respective Affiliates that is a U.S. defined benefit pension plan intended to satisfy the requirements of Section 401(a) of the Code. Without limiting the foregoing, AgCo or a member of its Group shall maintain all Liability under or otherwise in respect of the DuPont Pension and Retirement Plan, including any Actions in respect thereof.
Appears in 2 contracts
Samples: Employee Matters Agreement (Corteva, Inc.), Employee Matters Agreement (Dow Holdings Inc.)
