Common use of Sequencing of Initial Deposits to the New VEBA and Termination of Existing External VEBA, LLC and TAA Clause in Contracts

Sequencing of Initial Deposits to the New VEBA and Termination of Existing External VEBA, LLC and TAA. The initial deposits to the New VEBA shall be made and credited to the GM Separate Retiree Account, and the Existing External VEBA and TAA shall be terminated, as provided below.

Appears in 2 contracts

Sources: Settlement Agreement, Settlement Agreement