Common use of U.S. Welfare Plans Clause in Contracts

U.S. Welfare Plans. (a) No later than the Distribution, BHS shall have in effect welfare benefit plans that provide an appropriate level of life insurance, health care, dental care, accidental death and dismemberment insurance, disability and other group welfare benefits (the “BHS Welfare Plans”) for BHS Employees employed in the U.S. who immediately prior to the date such BHS Welfare Plans are established (the “Welfare Plan Transition Date”) are participants in the comparable Existing Brink’s Plans (the “Brink’s Welfare Plans”). Brink’s and BHS agree that, to the extent reasonably practicable, the BHS Welfare Plans shall provide to such BHS Employees coverage that is comparable to the coverage that was provided to them under the corresponding Brink’s Welfare Plans immediately prior to the Welfare Plan Transition Date. BHS shall, and shall cause its third-party insurance providers to, (A) waive all limitations as to preexisting conditions, exclusions and waiting periods and actively-at-work requirements with respect to participation and coverage requirements applicable to such BHS Employees and their dependents under the BHS Welfare Plans to the extent previously satisfied under the applicable corresponding Brink’s Welfare Plan immediately prior to the Welfare Plan Transition Date and (B) provide each such BHS Employee and his or her eligible dependents with credit under BHS Welfare Plans for any co-payments and deductibles paid under corresponding Brink’s Welfare Plans prior to the Welfare Plan Transition Date in the calendar year in which the Welfare Plan Transition Date occurs for purposes of satisfying any applicable deductible or out-of-pocket requirements under any BHS Welfare Plans in which such BHS Employees participate.

U.S. Welfare Plans. (a) No later than the Distribution, BHS ALTISOURCE shall have in effect welfare benefit plans that provide an appropriate level of life insurance, health care, dental care, accidental death and dismemberment insurance, disability and other group welfare benefits (the “BHS ALTISOURCE Welfare Plans”) for BHS ALTISOURCE Employees employed in the U.S. Luxembourg or such other foreign jurisdiction as may become applicable, who immediately prior to the date such BHS ALTISOURCE Welfare Plans are established (the “Welfare Plan Transition Date”) are participants in the comparable Existing Brink’s OCWEN Plans (the “Brink’s OCWEN Welfare Plans”) (except where applicable laws in such foreign jurisdictions may require a different approach). Brink’s OCWEN and BHS ALTISOURCE agree that, to the extent reasonably practicable, the BHS ALTISOURCE Welfare Plans shall provide to such BHS ALTISOURCE Employees coverage that is comparable substantially similar to the coverage that was provided to them under the corresponding Brink’s OCWEN Welfare Plans immediately prior to the Welfare Plan Transition Date. BHS ALTISOURCE shall, and shall cause subject to approval by its third-party insurance providers toproviders, (A) waive all limitations as to preexisting conditions, exclusions and waiting periods and actively-at-work requirements with respect to participation and coverage requirements applicable to such BHS ALTISOURCE Employees and their dependents under the BHS ALTISOURCE Welfare Plans to the extent previously satisfied under the applicable corresponding Brink’s OCWEN Welfare Plan immediately prior to the Welfare Plan Transition Date and (B) provide each such BHS ALTISOURCE Employee and his or her eligible dependents with credit under BHS ALTISOURCE Welfare Plans for any co-payments and deductibles paid under corresponding Brink’s OCWEN Welfare Plans prior to the Welfare Plan Transition Date in the calendar year in which the Welfare Plan Transition Date occurs for purposes of satisfying any applicable deductible or out-of-pocket requirements under any BHS ALTISOURCE Welfare Plans in which such BHS ALTISOURCE Employees participate.

U.S. Welfare Plans. (a) No later than the Distribution, BHS ALTISOURCE shall have in effect welfare benefit plans that provide an appropriate level of [life insurance, health care, dental care, accidental death and dismemberment insurance, disability and other group welfare benefits benefits] (the “BHS ALTISOURCE Welfare Plans”) for BHS ALTISOURCE Employees employed in the U.S. Luxembourg or such other foreign jurisdiction as may become applicable, who immediately prior to the date such BHS ALTISOURCE Welfare Plans are established (the “Welfare Plan Transition Date”) are participants in the comparable Existing Brink’s OCWEN Plans (the “Brink’s OCWEN Welfare Plans”) (except where applicable laws in such foreign jurisdictions may require a different approach). Brink’s OCWEN and BHS ALTISOURCE agree that, to the extent reasonably practicable, the BHS ALTISOURCE Welfare Plans shall provide to such BHS ALTISOURCE Employees coverage that is comparable substantially similar to the coverage that was provided to them under the corresponding Brink’s OCWEN Welfare Plans immediately prior to the Welfare Plan Transition Date. BHS ALTISOURCE shall, and shall cause subject to approval by its third-party insurance providers toproviders, (A) waive all limitations as to preexisting conditions, exclusions and waiting periods and actively-at-work requirements with respect to participation and coverage requirements applicable to such BHS ALTISOURCE Employees and their dependents under the BHS ALTISOURCE Welfare Plans to the extent previously satisfied under the applicable corresponding Brink’s OCWEN Welfare Plan immediately prior to the Welfare Plan Transition Date and (B) provide each such BHS ALTISOURCE Employee and his or her eligible dependents with credit under BHS ALTISOURCE Welfare Plans for any co-payments and deductibles paid under corresponding Brink’s OCWEN Welfare Plans prior to the Welfare Plan Transition Date in the calendar year in which the Welfare Plan Transition Date occurs for purposes of satisfying any applicable deductible or out-of-pocket requirements under any BHS ALTISOURCE Welfare Plans in which such BHS ALTISOURCE Employees participate.