Continuation Coverage Claims. As of the Distribution Date, Hi/fn shall assume or retain and shall be responsible for, or cause its insurance carriers or HMOs to be responsible for, all liabilities and obligations in connection with claims asserted or incurred or premiums owed through the Distribution Date under any Stac Medical/Dental Plan in respect of any Hi/fn Qualified Beneficiary and claims asserted or incurred or premiums owed after the Distribution Date under any Stac Medical/Dental Plan in respect of any Hi/fn Qualified Beneficiary, and Stac shall have no liability or obligation with respect thereto.
Appears in 2 contracts
Sources: Employee Benefits & Other Employment Matters Allocation Agreement (Hi/Fn Inc), Employee Benefits & Other Employment Matters Allocation Agreement (Stac Software Inc)