ASSUMED OMPP LIABILITIES. As of the Distribution Date, Hospira shall, and shall cause the Hospira OMPP to assume all Liabilities for all accrued obligations under the Abbott OMPP for the benefits for Non-U.S. Transferred Employees determined as of the Distribution Date, and Abbott and the Abbott OMPP shall be relieved of all Liabilities for those benefits.
Appears in 3 contracts
Sources: Employee Benefits Agreement (Hospira Inc), Employee Benefits Agreement, Employee Benefits Agreement (Hospira Inc)