TWX Cafeteria Plan definition
Examples of TWX Cafeteria Plan in a sentence
TWCable shall, or shall cause its Affiliates to, cause the TWCable Cafeteria Plan to accept, effective as of the Transfer Time, a spin-off of the flexible spending reimbursement accounts of Transferred Employees from the TWX Cafeteria Plan and to honor and continue through the end of the plan year in which the Transfer Time occurs the elections made by each Transferred Employee under the TWX Cafeteria Plan for the plan year in which the Transfer Time occurs.
Notwithstanding Section 9.04(b) above, on and after the Transfer Time, TWCable or its Affiliates shall assume and be solely responsible for all claims by Transferred Employees under the TWX Cafeteria Plan that were incurred in the year in which the Transfer Time occurs, whether incurred prior to, on or after the Transfer Time, that have not been paid in full as of the Transfer Time.