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Insurance Assistance Agreement [Form]
Insurance Assistance Agreement [Form] (20K)
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FROM OF INSURANCE ASSISTANCE AGREEMENT
THIS INSURANCE ASSISTANCE AGREEMENT, dated as of __________________, 2001 ("Agreement"), by and between USX Corporation, a Delaware corporation, to be --------- renamed "Marathon Oil Corporation" ("USX"), and United States Steel LLC, a --- Delaware limited liability company and wholly owned subsidiary of USX, to be renamed "United States Steel Corporation" ("SteelCo"). -------
W I T N E S S E T H:
WHEREAS, this Agreement is made pursuant to and as a condition of the Agreement and Plan of Reorganization, dated as of July 31, 2001 ("Separation ---------- Agreement"), by and between USX and SteelCo, pursuant to which the respective --------- businesses of the Marathon Group of USX and the U.S. Steel Group of USX are being separated into two independent companies by merging USX Merger Corporation, a Delaware corporation and a wholly owned subsidiary of USX ("Merger Sub"), with and into USX, subject to the terms and conditions thereof, ---------- and pursuant to Section 251 of the DGCL (the "Separation Merger"), with USX ----------------- continuing as the surviving corporation, so that immediately following the Separation Effective Time, SteelCo shall own and operate the business of the U.S. Steel Group and shall be wholly owned by the holders of the then outstanding shares of USX-U.S. Steel Group Common Stock , and the business of the Marathon Group shall be owned and operated by USX, which shall be a separate and independent entity from SteelCo and shall be wholly owned by the holders of the then outstanding shares of USX- Marathon Group Common Stock (the "Separation"); ----------
WHEREAS, prior to the date hereof, USX implemented a holding company structure by merging the then existing USX Corporation, a Delaware corporation ("Old USX"), with and into SteelCo, with SteelCo continuing as the surviving ------- entity and a wholly owned subsidiary of USX (the "HoldCo Merger"), so that ------------- immediately following the effective time of the HoldCo Merger, USX became a holding company that owns all of the outstanding equity of Marathon Oil Company ("Marathon") (which owns and operates the business of the Marathon Group) and of -------- SteelCo (which owns and operates the business of the U. S. Steel Group);
WHEREAS, prior to the time of the HoldCo Merger, the Marathon Group and the U.S. Steel Group maintained independent property and business interruption insurance policies. Other types of insurance, such as general liability, employer's liability, aircraft liability, automobile liability, workers' compensation and executive risk, were purchased and held by Old USX, for the benefit of Old USX and all of its Subsidiaries;
WHEREAS, following the HoldCo Merger, separate policies of insurance for certain general liability, employer's liability, automobile liability, workers' compensation, boiler and machinery, and aircraft seat accident were issued to cover (i) {PAGE}
USX, Marathon and its Subsidiaries, on the one hand, and (ii) SteelCo and it Subsidiaries, on the other hand. The remaining policies of insurance held by Old USX were maintained for the benefit of USX and its Subsidiaries; and
WHEREAS, the parties desire to enter into this Agreement to set forth the parties' understanding with respect to their respective responsibilities and rights with respect to various insurance policies and claims associated therewith, both prior to and after the Separation.
NOW, THEREFORE, in furtherance of the foregoing and in consideration of the mutual promises and undertakings contained herein and in any other document executed in connection with this Agreement, the parties agree as follows:
ARTICLE I
DEFINITIONS
Section 1.1 General. Unless otherwise defined herein, capitalized terms ------- used herein shall have their respective meanings as defined in the Separation Agreement.
Section 1.2 Other Definitional Provisions. -----------------------------
(a) The words "hereof", "herein", "hereunder" and words of similar import, when used in this Agreement, shall refer to this Agreement as a whole and not to any particular provision of this Agreement.
(b) The terms defined in the singular shall have a comparable meaning when used in the plural, and vice versa.
(c) The terms "dollars" and "$" shall mean United States dollars.
ARTICLE II
PRE-SEPARATION INSURANCE
Section 2.1 Insurance for Pre-HoldCo Merger Periods. Prior to the --------------------------------------- effective time of the HoldCo Merger, USX purchased certain policies of insurance to cover USX and its Subsidiaries, which included, without limitation, workers compensation and general liability fronting insurance. (The workers compensation and general liability fronting insurance are collectively referred to herein as the "Fronting Insurance"). From and after the effective time of the HoldCo Merger, the rights, liability and responsibility for insurance claims, retroactive reimbursements, uninsured retentions, and deductibles under the Fronting Insurance shall be as follows.
313534
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US Steel
As referenced in this Insurance Assistance Agreement [Form]:
United States Steel LLC, – AGREEMENT, dated as of __________________, 2001
("Agreement"), by and between USX Corporation, a Delaware corporation, to be
---------
renamed "Marathon Oil Corporation" ("USX"), and United States Steel LLC, a
---
Delaware limited liability company and wholly owned subsidiary of USX, to be
renamed "United States Steel Corporation" ("SteelCo").
-------
W I T _____________
United States Steel LLC
– receipt indicated on the return receipt if mailed (registered or
certified, return receipt requested, properly addressed and postage prepaid).
If to SteelCo, to:
United States Steel LLC
600 Grant Street
Suite 6100
5
{PAGE}
Pittsburgh, PA 15219-4776
Attention: General Counsel
Facsimile: 412-433-1131
If to USX, to:
_____________
UNITED STATES STEEL LLC
– its officers thereunto duly authorized, all as of
the day and year first above written.
USX CORPORATION
By: ___________________________
Name: _________________________
Title: ________________________
UNITED STATES STEEL LLC
By: ___________________________
Name: _________________________
Title: ________________________
7
{/TEXT}
{/DOCUMENT} _____________
dt 367101
;
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Skadden
As referenced in this Insurance Assistance Agreement [Form]:
Skadden, Arps – of all notices, requests, permissions, waivers, referrals
and all other communications hereunder given prior to the Separation Effective
Time shall be given to:
Skadden, Arps , Slate, Meagher & Flom LLP
4 Times Square
New York, NY 10036-6522
Attention: Roger S. Aaron, Esquire
Facsimile: (212) 735-2000
Section _____________
dt 513818
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Preview
Full Doc
 | 2001 |
Assistance Agreement
Assistance Agreement (22K)
Doc #924212: Click preview link for longer preview.
ASSISTANCE AGREEMENT
This ASSISTANCE AGREEMENT (this "Agreement") is made and entered into as of
March 27, 1998 by and between SODEXHO ALLIANCE, S.A. a societe anonyme organized
under the laws of the Republic of France ("Sodexho"), and MARRIOTT
INTERNATIONAL, INC., a Delaware corporation to be renamed "Sodexho Marriott
Services, Inc." ("SMS").
W I T N E S S E T H:
WHEREAS, Sodexho has significant experience and knowledge in the
administration, trading, organization, control, . . .
924212
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Marriott Int'l
As referenced in this Assistance Agreement:
MARRIOTT
INTERNATIONAL, INC – made and entered into as of
March 27, 1998 by and between SODEXHO ALLIANCE, S.A. a societe anonyme organized
under the laws of the Republic of France ("Sodexho"), and MARRIOTT
INTERNATIONAL, INC ., a Delaware corporation to be renamed "Sodexho Marriott
Services, Inc." ("SMS").
W I T N E S S E T H:
WHEREAS, Sodexho has significant experience and knowledge in _____________
Marriott International, Inc – dated as of the date hereof by
and between Sodexho and SMS (the "Royalty Agreement"), the Agreement
and Plan of Merger dated as of September 30, 1997 by and among
Marriott International, Inc . ("MII"), Marriott-ICC Merger Corp., New
Marriott MI, Inc. ("Spinco"), Sodexho and International Catering
Corporation, as amended (the "Merger Agreement"), the Distribution
Agreement dated as of September 30, 1997 _____________
MARRIOTT INTERNATIONAL, INC – hereto have executed this Agreement as of
the date first above written.
SODEXHO ALLIANCE, S.A.
/s/ Bernard Carton
------------------------------------------
Name: Bernard Carton
Title: Senior Vice President And Chief Financial Officer
MARRIOTT INTERNATIONAL, INC .
(to be renamed "Sodexho Marriott Services, Inc.")
/s/ Lawrence E. Hyatt
------------------------------------------
Name: Lawrence E. Hyatt
Title: Vice President
Annex A
Termination of
Assistance Agreement
The undersigned hereby agree _____________
dt 1326867
;
Sodexho Alliance, SA
As referenced in this Assistance Agreement:
SODEXHO ALLIANCE, – OF MARCH 27, 1998
Exhibit 99.(d)(5)
ASSISTANCE AGREEMENT
This ASSISTANCE AGREEMENT (this "Agreement") is made and entered into as of
March 27, 1998 by and between SODEXHO ALLIANCE, S.A. a societe anonyme organized
under the laws of the Republic of France ("Sodexho"), and MARRIOTT
INTERNATIONAL, INC., a Delaware corporation to be renamed "Sodexho Marriott
Services, Inc." (" _____________
Sodexho Alliance, – Financial Officer
With a copy to:
Sodexho Marriott Services, Inc.
10400 Fernwood Road
Bethesda, MD 20817
U.S.A.
Fax: (301) 380-6727
Attn: General Counsel
If to Sodexho, to:
Sodexho Alliance, S.A.
3, avenue Newton
78180 Montigny Le Bretonneux
France
Fax: 011-33-1-3085-5005
Attn: Bernard Carton
All such notices, requests and other communications shall be deemed
_____________
SODEXHO ALLIANCE, – injunction or any other
equitable remedy which may then be available.
9
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of
the date first above written.
SODEXHO ALLIANCE, S.A.
/s/ Bernard Carton
------------------------------------------
Name: Bernard Carton
Title: Senior Vice President And Chief Financial Officer
MARRIOTT INTERNATIONAL, INC.
(to be renamed "Sodexho Marriott Services, Inc.")
/s/ Lawrence E. _____________
Sodexho Alliance, – Termination of
Assistance Agreement
The undersigned hereby agree that, effective as of the date hereof, the
Assistance Agreement (the "1992 Agreement") dated as of September 1, 1992, as
amended, between Sodexho Alliance, S.A. ("Sodexho SA") and Sodexho USA, Inc.
("Sodexho USA") shall terminate and have no further force or effect. Sodexho SA
shall promptly issue to Sodexho USA an invoice _____________
SODEXHO ALLIANCE, – 1992 Agreement, and Sodexho USA shall promptly make payment in respect thereof.
IN WITNESS WHEREOF, the parties hereto have caused this Termination to be
duly executed on March 27, 1998.
SODEXHO ALLIANCE, S.A.
------------------------------------------
Name:
Title:
SODEXHO USA, Inc.
------------------------------------------
Name:
Title:
_____________
dt 1548945
;
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Sodexho Alliance, SA
As referenced in this Assistance Agreement:
SODEXHO ALLIANCE, – OF MARCH 27, 1998
Exhibit 99.(d)(5)
ASSISTANCE AGREEMENT
This ASSISTANCE AGREEMENT (this "Agreement") is made and entered into as of
March 27, 1998 by and between SODEXHO ALLIANCE, S.A. a societe anonyme organized
under the laws of the Republic of France ("Sodexho"), and MARRIOTT
INTERNATIONAL, INC., a Delaware corporation to be renamed "Sodexho Marriott
Services, Inc." (" _____________
Sodexho Alliance, – Financial Officer
With a copy to:
Sodexho Marriott Services, Inc.
10400 Fernwood Road
Bethesda, MD 20817
U.S.A.
Fax: (301) 380-6727
Attn: General Counsel
If to Sodexho, to:
Sodexho Alliance, S.A.
3, avenue Newton
78180 Montigny Le Bretonneux
France
Fax: 011-33-1-3085-5005
Attn: Bernard Carton
All such notices, requests and other communications shall be deemed
_____________
SODEXHO ALLIANCE, – injunction or any other
equitable remedy which may then be available.
9
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of
the date first above written.
SODEXHO ALLIANCE, S.A.
/s/ Bernard Carton
------------------------------------------
Name: Bernard Carton
Title: Senior Vice President And Chief Financial Officer
MARRIOTT INTERNATIONAL, INC.
(to be renamed "Sodexho Marriott Services, Inc.")
/s/ Lawrence E. _____________
Sodexho Alliance, – Termination of
Assistance Agreement
The undersigned hereby agree that, effective as of the date hereof, the
Assistance Agreement (the "1992 Agreement") dated as of September 1, 1992, as
amended, between Sodexho Alliance, S.A. ("Sodexho SA") and Sodexho USA, Inc.
("Sodexho USA") shall terminate and have no further force or effect. Sodexho SA
shall promptly issue to Sodexho USA an invoice _____________
SODEXHO ALLIANCE, – 1992 Agreement, and Sodexho USA shall promptly make payment in respect thereof.
IN WITNESS WHEREOF, the parties hereto have caused this Termination to be
duly executed on March 27, 1998.
SODEXHO ALLIANCE, S.A.
------------------------------------------
Name:
Title:
SODEXHO USA, Inc.
------------------------------------------
Name:
Title:
_____________
dt 1360599
|
Preview
Full Doc
 | 2001 |
Assistance Agreement
Assistance Agreement (22K)
Doc #1397239: Click preview link for longer preview.
ASSISTANCE AGREEMENT
This ASSISTANCE AGREEMENT (this "Agreement") is made and entered into as of
March 27, 1998 by and between SODEXHO ALLIANCE, S.A. a societe anonyme organized
under the laws of the Republic of France ("Sodexho"), and MARRIOTT
INTERNATIONAL, INC., a Delaware corporation to be renamed "Sodexho Marriott
Services, Inc." ("SMS").
W I T N E S S E T H:
WHEREAS, Sodexho has significant experience and knowledge in the
administration, trading, organization, . . .
1397239
|
Marriott Int'l
As referenced in this Assistance Agreement:
MARRIOTT
INTERNATIONAL, INC – made and entered into as of
March 27, 1998 by and between SODEXHO ALLIANCE, S.A. a societe anonyme organized
under the laws of the Republic of France ("Sodexho"), and MARRIOTT
INTERNATIONAL, INC ., a Delaware corporation to be renamed "Sodexho Marriott
Services, Inc." ("SMS").
W I T N E S S E T H:
WHEREAS, Sodexho has significant experience and knowledge in _____________
Marriott International, Inc – dated as of the date hereof by
and between Sodexho and SMS (the "Royalty Agreement"), the Agreement
and Plan of Merger dated as of September 30, 1997 by and among
Marriott International, Inc . ("MII"), Marriott-ICC Merger Corp., New
Marriott MI, Inc. ("Spinco"), Sodexho and International Catering
Corporation, as amended (the "Merger Agreement"), the Distribution
Agreement dated as of September 30, 1997 _____________
MARRIOTT INTERNATIONAL, INC – hereto have executed this Agreement as of
the date first above written.
SODEXHO ALLIANCE, S.A.
/s/ Bernard Carton
------------------------------------------
Name: Bernard Carton
Title: Senior Vice President And Chief Financial Officer
MARRIOTT INTERNATIONAL, INC .
(to be renamed "Sodexho Marriott Services, Inc.")
/s/ Lawrence E. Hyatt
------------------------------------------
Name: Lawrence E. Hyatt
Title: Vice President
<PAGE>
Annex A
Termination of
Assistance Agreement
The undersigned _____________
dt 1326894
;
Sodexho Alliance, SA
As referenced in this Assistance Agreement:
SODEXHO ALLIANCE, – lt;TEXT>
<PAGE>
Exhibit 99.(d)(5)
ASSISTANCE AGREEMENT
This ASSISTANCE AGREEMENT (this "Agreement") is made and entered into as of
March 27, 1998 by and between SODEXHO ALLIANCE, S.A. a societe anonyme organized
under the laws of the Republic of France ("Sodexho"), and MARRIOTT
INTERNATIONAL, INC., a Delaware corporation to be renamed "Sodexho Marriott
Services, Inc." (" _____________
Sodexho Alliance, – Financial Officer
With a copy to:
Sodexho Marriott Services, Inc.
10400 Fernwood Road
Bethesda, MD 20817
U.S.A.
Fax: (301) 380-6727
Attn: General Counsel
If to Sodexho, to:
Sodexho Alliance, S.A.
3, avenue Newton
78180 Montigny Le Bretonneux
France
Fax: 011-33-1-3085-5005
Attn: Bernard Carton
All such notices, requests and other communications shall be deemed
_____________
SODEXHO ALLIANCE, – any other
equitable remedy which may then be available.
9
<PAGE>
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of
the date first above written.
SODEXHO ALLIANCE, S.A.
/s/ Bernard Carton
------------------------------------------
Name: Bernard Carton
Title: Senior Vice President And Chief Financial Officer
MARRIOTT INTERNATIONAL, INC.
(to be renamed "Sodexho Marriott Services, Inc.")
/s/ Lawrence E. _____________
Sodexho Alliance, – Termination of
Assistance Agreement
The undersigned hereby agree that, effective as of the date hereof, the
Assistance Agreement (the "1992 Agreement") dated as of September 1, 1992, as
amended, between Sodexho Alliance, S.A. ("Sodexho SA") and Sodexho USA, Inc.
("Sodexho USA") shall terminate and have no further force or effect. Sodexho SA
shall promptly issue to Sodexho USA an invoice _____________
SODEXHO ALLIANCE, – 1992 Agreement, and Sodexho USA shall promptly make payment in respect thereof.
IN WITNESS WHEREOF, the parties hereto have caused this Termination to be
duly executed on March 27, 1998.
SODEXHO ALLIANCE, S.A.
------------------------------------------
Name:
Title:
SODEXHO USA, Inc.
------------------------------------------
Name:
Title:
</TEXT>
</DOCUMENT>
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