Common use of Absence of Certain Types of Plans Clause in Contracts

Absence of Certain Types of Plans. No Plan is described in Section 401(a)(1) of ERISA. SECTION 4.11(b) of the Disclosure Schedule lists all Plans that obligate the Company to pay separation, severance, termination or similar-type benefits as a result of any transaction contemplated by this Agreement or as a result of a "change in control," within the meaning of such term under Section 280C of the Code.

Absence of Certain Types of Plans. No Plan plan is described in Section 401(a)(1) of ERISA. SECTION 4.11(b3.11(b) of the Seller Disclosure Schedule lists all Plans that obligate the Company Seller to pay separation, severance, termination or similar-type benefits solely as a result of any transaction transactions contemplated by this Agreement or as a result of a "change in control," within the meaning of such term under Section 280C 280G of the CodeCode (as defined below).