NBCWA Individual Employer Plan Liabilities

Example Definitions of "NBCWA Individual Employer Plan Liabilities"
NBCWA Individual Employer Plan Liabilities. Amounts PCC pays for benefits to those retirees of PCC identified on Attachment A hereto, and such retirees' eligible dependents, under the terms of the NBCWA Individual Employer Plan, provided that such retirees had vested in a right to receive retiree health benefits under the NBCWA Individual Employer Plan as of December 31, 2006 and that such retirees were retired from coal mine employment as of December 31, 2006 and did not thereafter return to employment with any company signatory to a... labor agreement which requires the employer to provide health benefits to its UMWA retirees. Changes to benefit levels, cost containment programs, plan design or other such modifications contained in PCC's future UMWA labor agreements that are applicable to the retirees and eligible dependents subject to this Agreement shall be included for the purposes of the definition of NBCWA Individual Employer Plan Liabilities; provided that, for purposes of any successor PCC labor contract, NBCWA Individual Employer Plan Liabilities shall be based on benefits that are the lesser of (i) benefits provided in any future UMWA labor agreement with Eastern Associated Coal, LLC or any successor of Eastern Associated Coal, LLC and (ii) benefits provided in any future NBCWA labor agreement or any successor labor agreement and offered to Eastern Associated Coal, LLC or any successor of Eastern Associated Coal, LLC, or which Eastern Associated Coal, LLC or any successor of Eastern Associated Coal, LLC had the opportunity to sign View More
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