Example ContractsClausesassumption of liabilitiesIdentical
Assumption of Liabilities
Assumption of Liabilities contract clause examples

Liabilities Transferred to HPE. HP distributed its interest in Hewlett Packard Enterprise Company (“HPE”) to its shareholders on or about November 1, 2015 (the “HPE Distribution Date”). Pursuant to an agreement between HP and HPE, on the HPE Distribution Date certain employees and former employees of HPE ceased to participate in the Plan and the liabilities for these participants' benefits under the Plan were transferred to HPE. On and after the HPE Distribution Date, HP, the Plan, any directors, officers, or employees of HP, and any successors thereto, shall have no further obligation or liability to any such participant with respect to any benefit, amount, or right due under the Plan.

HP INC (HPQ) (CIK 0000047217)
Source: SEC EDGAR database • Date: December 14, 2017 • SIC: 3570 • CIK: 3570

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