CareFusion 401(k) Plan definition
Examples of CareFusion 401(k) Plan in a sentence
Cardinal Health shall have no fiduciary or funding obligations with respect to the CareFusion 401(k) Plan.
CareFusion shall be responsible for taking all necessary, reasonable and appropriate action to establish, maintain and administer the CareFusion 401(k) Plan so that it is qualified under Section 401(a) of the Code and meets the requirements of Section 401(k) of the Code and that the related trust thereunder is tax-exempt under Section 501(a) of the Code.
CareFusion (acting directly or through its Affiliates) shall be responsible for any and all Liabilities (including Liability for funding) and other obligations with respect to the CareFusion 401(k) Plan.
As soon as reasonably practicable following the date the contributions described in Section 4.1(e) are made to the Cardinal Health 401(k) Plan, CareFusion shall permit CareFusion Participants to elect a direct rollover of cash and any outstanding loan balances distributed from the Cardinal Health 401(k) Plan into the CareFusion 401(k) Plan.