definiens: within the meaning of Section 3(3 ) of ERISA ( the ), to theextent applicable, which are provided to similarly situated employees of Parent ; ( ii ) cause any pre - existing conditions orlimitations, evidence of insurability, exclusions and waiting periods with respect to participation and coverage requirementsunder any Parent Employee Plans to be waived with respect to Continuing Employees and their eligible dependents ; ( iii ) giveeach Continuing Employee credit for the plan year in which the Effective Time occurs towards applicable deductibles, co - payments and annual out - of - pocket limits for expenses incurred under a similar Company Employee Plan to the extent suchdeductibles, co - payments and annual out - of - pocket limits are applicable under the comparable Parent Plan ; and ( iv ) give eachContinuing Employee service credit for such Continuing Employee ’s employment with the Acquired Corporations forpurposes of eligibility to participate, vesting credit and entitlement to benefits ( but excluding benefit accruals ) under eachapplicable Parent Employee Plan, as if such service had been performed with Parent