Administration of Plans. Each Welfare Benefit Plan and each Pension Benefit Plan has been administered to date in compliance with the requirements of ERISA and the Code. No plan fiduciary of any Welfare Benefit Plan or Pension Benefit Plan has engaged in (i) any transaction in violation of Section 406(a) or (b) of ERISA, or (ii) any "prohibited transaction" (within the meaning of Section 4975(c)(1) of the Code) for which no exemption exists under Section 408 of ERISA or Section 4975(d) of the Code.
Appears in 3 contracts
Samples: Purchase and Sale of Stock Agreement (Motors & Gears Inc), Purchase and Sale of Stock Agreement (Jordan Telecommunication Products Inc), Purchase and Sale of Stock Agreement (Motors & Gears Inc)
Administration of Plans. Each Welfare Benefit Plan and each Pension Benefit Plan has been administered to date in compliance with the requirements of ERISA and the Code. No plan fiduciary of any Welfare Benefit Plan or Pension Benefit Plan has engaged in (i) any transaction in violation of Section 406(a) or (b) of ERISA, or (ii) any "prohibited transaction" (within the meaning of Section 408 of ERISA or Section 4975(c)(1) of the Code) for which no exemption exists under Section 408 of ERISA or Section 4975(d) of the Code.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Jordan Telecommunication Products Inc), Reorganization Agreement (Advanced Financial Inc)
Administration of Plans. Each Welfare Benefit Plan and each Pension Benefit Plan has been administered to date in compliance with the requirements of ERISA and the Code. No plan fiduciary of any Welfare Benefit Plan or Pension Benefit Plan has engaged in (i) any transaction in violation of Section 406(a) or (b) of ERISA, or (ii) any "prohibited transaction" (within the meaning of Section 4975(c)(1) of the CodeCode or Section 406 of ERISA) for which no exemption exists under Section 408 of ERISA or Section 4975(d) of the Code.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Colonial Direct Financial Group Inc), Asset Purchase Agreement (H&r Block Inc)
Administration of Plans. Each Welfare Benefit Plan and each Pension Benefit Plan has been administered to date in compliance in all material respects with the requirements of ERISA and the Code. No plan fiduciary of any Welfare Benefit Plan or Pension Benefit Plan has engaged in (i) any transaction in violation of Section 406(a) or (b) of ERISA, or (ii) any "prohibited transaction" (within the meaning of Section 4975(c)(1) of the Code) for which no exemption exists under Section 408 of ERISA or Section 4975(d) of the Code.
Appears in 1 contract
Samples: Stock Purchase Agreement (Amerus Life Holdings Inc)
Administration of Plans. Each Welfare Benefit Plan and each ------------------------- Pension Benefit Plan has been administered to date in compliance with the requirements of ERISA and the Code. No plan fiduciary of any Welfare Benefit Plan or Pension Benefit Plan has engaged in (i) any transaction in violation of Section 406(a) or (b) of ERISA, or (ii) any "prohibited transaction" (within the meaning of Section 4975(c)(1) of the Code) for which no exemption exists under Section 408 of ERISA or Section 4975(d) of the Code.
Appears in 1 contract
