Benefit Plans and Pension Plans Sample Clauses

Benefit Plans and Pension Plans. Canada Ontario Toronto Union employee matching RRSP contribution plan with Manulife Financial Canada Salary RRSP and matching DPSP with Manulife Financial Switzerland Defined contribution plan with Vita Joint Foundation which is a product of Zurich Insurance Company Ltd. The plan is a supplement to the statutory amount requirement. Germany One employee has in his employment contract an amount contributed to personal pension scheme. Schedule 9.13 Intellectual Property See attachments. SCHEDULE B2 – Global Identifiers, including generic domain names, and all other non-territory specific Internet or other identifiers CG Inc. has rights in respect of domain names, addresses and other identifiers that are global in nature, and not geographically specific in association with the Products. The following list is not exhaustive, and all other domain names, addresses and other identifiers that are global in nature, not geographically specific, and used in association with the Products as of the Effective Date are intended to be included herein:
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Benefit Plans and Pension Plans. Except to the extent otherwise ------------------------------- provided herein, the Buyer shall not assume any obligations arising under any "employee benefit plan" (as such term is defined in Section 3(3) of ERISA) which the Seller maintains relating to any Business Employee (collectively the "Plans"). The active participation of the Transferred Employees in the Plans shall terminate as of the Closing Date, in each case except to the extent that any rights under the Plans shall have vested, or may vest upon fulfillment of certain conditions, in accordance with the terms contained therein; provided, however, that Transferred Employees shall be 100% vested in their account balances under the Seller's Savings Plan and in their accrued benefits under the Xxxxxx International Inc. and Subsidiaries Pension Plan.
Benefit Plans and Pension Plans. Except as disclosed in Schedule 6.1.32, no Obligor sponsors, administers, maintains or contributes to a Pension Plan. For certainty, except as disclosed in Schedule 6.1.32 no Obligor sponsors, administers, maintains or contributes to a Pension Plan which contains a defined benefit provision as defined in subsection 147.1(1) of the Tax Act. All Benefit Plans and Pension Plans (i) are registered where required by, and are in good standing under, all Applicable Laws and (ii) that are intended to qualify for special tax treatment meet all of the requirements for such treatment and has obtained all necessary approvals of all relevant Governmental Authority. The Benefits Plans and Pension Plans, if any, have been administered and maintained in accordance with the Tax Act and all other Applicable Law in all material respects. There have been no improper withdrawals or applications of the assets of the Benefit Plans or Pension Plans. Each of the Benefit Plans and Pension Plans, if any, is funded in accordance with such Benefit Plans and Pension Plans and Applicable Law, such that, except as disclosed in Schedule 6.1.32, with respect to each Pension Plan, no material funding deficiency or unfunded liability exists or would reasonably be expected to exist under any such Pension Plan. No Benefit Plan has any unfunded liabilities, determined in accordance with GAAP, that have not been fully accrued on the most recent unaudited consolidated financial statements of the Borrower and the most recent audited consolidated financial statements for Telesat Parent or that will not be fully offset by insurance.
Benefit Plans and Pension Plans. (a) Schedule 4.12 contains a true and complete list of the current Benefit Plans to which the Amalco Predecessors are a party to or bound by and under which the Amalco Predecessors or Amalco have any liability or contingent liability with respect to any Benefit Plans that are material to the Business and that impose any binding legal obligation on Amalco. None of the Amalco Predecessors or Amalco is now or has ever been a party to any Pension Plan. Save and except for a proposed consolidation of certain of the Benefit Plans shown in Schedule 4.12 hereof after the Initial Amalgamation, no Amalco Predecessor nor Amalco has any formal plan or commitment, whether legally binding or not, to create any additional Benefit Plan or to modify or change any existing Benefit Plan that would affect any employee or former employee of any Amalco Predecessor or Amalco.
Benefit Plans and Pension Plans. (a) Section 2.12(a) of the Disclosure Schedule contains a true and complete list and description of each of the written or unwritten Benefit Plans. Neither Seller has scheduled or agreed upon future increases of benefit levels (or creations of new benefits) with respect to any Benefit Plan, and no such increases or creation of benefits have been proposed, made the subject of representations to Employees or requested or demanded by Employees under circumstances which make it reasonable to expect that such increases will be granted. The Benefit Plans are duly registered where required by, and are in good standing under, all applicable Laws. All required employer and employee contributions and premiums under the Benefit Plans to the date hereof have been made, the respective fund or funds established under the Benefit Plans are funded in accordance with applicable Laws, and no past service funding liabilities exist thereunder.
Benefit Plans and Pension Plans. Except to the extent otherwise ------------------------------- provided herein, Buyer shall not assume any obligations arising under any "employee benefit plan" (as such term is defined in Section 3(3) of ERISA) which Seller maintains relating to any Designated Employee (collectively the "Plans"). The active participation of the Hired Designated Employees in the Plans shall terminate as of the Employee Lease Termination Date (or, if hired by the Buyer after the Employee Lease Termination Date, the date of such Hired Designated Employee's date of hire with the Buyer), in each case except to the extent that any rights under the Plans shall have vested, or may vest upon fulfillment of certain conditions, in accordance with the terms contained therein; provided, however, that each Hired Designated Employee shall be 100% vested in his or her account balances under the Xxxxxx International Inc. and Subsidiaries Incentive Investment Plan (the "Seller's Savings Plan") and in his or her accrued benefits under the Xxxxxx International Inc. and Subsidiaries Pension Plan as of the Employee Lease Termination Date provided that the Hired Designated Employee is employed by the Buyer as of the Employee Lease Termination Date (i.e., full vesting shall not apply to Hired Designated Employees who are not employed by the Buyer as of the Employee Lease Termination Date).
Benefit Plans and Pension Plans. Except to the extent otherwise provided herein, Nexell California shall not assume any obligations arising under any "employee benefit plan" (as such term is defined in Section 3(3) of ERISA) which Xxxxxx maintains relating to any New Nexell California Employees (collectively the "Plans"). The active participation of the New Nexell California Employees in the Plans shall terminate as of the US Asset Transfer Closing Date, in each case except to the extent that any rights under the Plans shall have vested, or may vest upon fulfillment of certain conditions, in accordance with the terms contained therein; provided, however, that New Nexell California Employees shall be 100% vested in their account balances under the Xxxxxx'x Savings Plan and in their accrued benefits under the Xxxxxx International Inc. and Subsidiaries Pension Plan.
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Related to Benefit Plans and Pension Plans

  • Benefit Plans The Executive shall be eligible to participate in any employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, at a level commensurate with his positions, subject to satisfying the applicable eligibility requirements. The Company may at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretion.

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