COBRA AND DIRECT PAY. Effective Immediately After the Distribution Date, Spinco shall solely be responsible for administering compliance with the health care continuation coverage requirements of COBRA and the Spinco Health and Welfare plans, and, with respect to Spinco Individuals, the ATI Health and Welfare Plans.
Appears in 2 contracts
Sources: Employee Benefits Agreement (Water Pik Technologies Inc), Employee Benefits Agreement (Teledyne Technologies Inc)