COMPENSATION AND EMPLOYEE PLANS. (a) For all purposes of this Section, "Plan" means (i) any employee benefit plan as defined in Section 3(3) of the ERISA, that is (a) maintained by Citadel, or (b) to which Citadel is making or accruing an obligation to make contributions, or (ii) any other formal or informal obligation to, arrangement with, or plan or program for the benefit of, employees of Citadel, including, but not limited to, stock options, stock bonuses, stock purchase agreements, bonuses, incentive compensation, deferred compensation, supplemental pensions, vacations, severance pay, insurance or any other benefit, program or practice.
COMPENSATION AND EMPLOYEE PLANS. (a) For all purposes of this Section, "Plan" means (i) any employee benefit plan as defined in Section 3(3) of the ERISA, that is (a) maintained by XxxxXxxx or Acquisition, or (b) to which XxxxXxxx or Acquisition is making or accruing an obligation to make contributions, or (ii) any other formal or informal obligation to, arrangement with, or plan or program for the benefit of, employees of XxxxXxxx or Acquisition, including, but not limited to, stock options, stock bonuses, stock purchase agreements, bonuses, incentive compensation, deferred compensation, supplemental pensions, vacations, severance pay, insurance or any other benefit, program or practice. SECTION 5.14 of the XxxxXxxx and Acquisition Disclosure Schedule sets forth the name of each Plan and lists all documents evidencing any Plan.
(b) Each Plan is now, and has been from its inception, administered in compliance in all material respects with the provisions of all applicable laws and regulations, including ERISA, the Code and the Age Discrimination in Employment Act, as amended, insofar as such statutes are applicable to such Plan.
COMPENSATION AND EMPLOYEE PLANS. 12 2.14 Labor Relations............................................13 2.15 Tax Returns and Audit......................................13 2.16
COMPENSATION AND EMPLOYEE PLANS. (a) SCHEDULE 2.13(A) contains a complete list of all employees of the Company, their salaries, and basis for determination of bonuses.
(b) SCHEDULE 2.13(B) sets forth a list and description of all "employee benefit plans" (as such term is defined in Section 3 of the Employment Retirement Income Security Act of 1974, as amended ("ERISA")) of the Company (collectively the "Plans") and all bonus, incentive compensation, profit-sharing, pension, retirement, stock purchase, stock option, deferred compensation, hospitalization, group insurance, death benefit, disability, union, collective bargaining, works council, severance and other compensation and fringe benefit plans, trust agreements, arrangements and commitments of the Company, including a summary description with respect to the funding of all such Plans. True, correct and complete copies of all documents creating or evidencing any such plan, agreement, arrangement or commitment have been made available to Purchaser. There are no negotiations, demands or proposals which are pending which concern matters now covered, or that would be covered, by such types of plans, agreements, arrangements or commitments. Except as set forth in SCHEDULE 2.13(B), the Company is not a party to any multiemployer plan as that term is defined by ERISA.
(c) All Plans are in compliance with the applicable provisions of ERISA, and no "reportable event" as defined by ERISA has occurred. Each of the Plans which is intended to meet the requirements of Section 401(a) of the Internal Revenue Service to be "qualified" within the meaning of such sections of the Internal Revenue Code of 1986, as amended (the "Code"), is so qualified and there exists no fact which would adversely affect the qualified status of such Plans.
(d) The Company has not incurred any "withdrawal liability" (within the meaning of Section 4201(a) of ERISA) under any multiemployer plan and except as noted on SCHEDULE 2.13(D), if the Company were to engage in a "complete withdrawal" or a "partial withdrawal" (as such terms are defined in Subtitle E of Title IV of ERISA) from any such plan, the Company would not incur any "withdrawal liability" under Section 4201 of ERISA.
(e) Other than claims for benefits submitted by participants or beneficiaries in the ordinary course, there is no request for documents, litigation, legal action, suit, investigation, claim, counterclaim or proceeding pending or threatened against or affecting any Plan. Neither the Company nor any ad...
COMPENSATION AND EMPLOYEE PLANS. 23 5.15. Brokers, Finders and Advisors........................... 23 5.16. Labor Force............................................. 23 5.17.
COMPENSATION AND EMPLOYEE PLANS. (a) Alliance has provided AROC (i) the names and current annual compensation rates of all present directors, officers, employees, independent contractors or agents of each of the Alliance Entities and (ii) the number, job category and range of compensation by job category of all employees of such entities.
(b) Alliance has made available to AROC the name of each Plan applicable to any of the Alliance Entities and all documents evidencing any Plan applicable to any of the Alliance Entities.
(c) Each Plan applicable to any of the Alliance Entities is now, and has been from its inception, administered in compliance in all material respects with the provisions of all applicable laws and regulations, including ERISA, the Code and the ADEA, insofar as such statutes are applicable to such Plan.
COMPENSATION AND EMPLOYEE PLANS. (a) Territorial has provided SOCO (i) the names and current annual compensation rates of all present directors, officers, employees, independent contractors or agents of each of the Territorial Entities and (ii) the number, job category and range of compensation by job category of all employees of such entities.
(b) Section 4.20 of the Territorial Disclosure Schedule sets forth the name of each Plan applicable to any of the Territorial Entities and lists all documents evidencing any Plan applicable to any of the Territorial Entities.
(c) Each Plan applicable to any of the Territorial Entities is now, and has been from its inception, administered in compliance in all material respects with the provisions of all applicable laws and regulations, including ERISA, the Code and the ADEA, insofar as such statutes are applicable to such Plan.
COMPENSATION AND EMPLOYEE PLANS. (a) For all purposes of this Section, "Plan" means (i) any employee benefit plan as defined in Section 3(3) of the ERISA, that is (a) maintained by Sunburst, or (b) to which Sunburst is making or accruing an obligation to make
COMPENSATION AND EMPLOYEE PLANS. 42 5.31 Accounts Receivable; Inventories .......................... 42 5.32 Brokers, Finders and Advisors ............................. 42 5.33 Labor Force ............................................... 42 5.34
COMPENSATION AND EMPLOYEE PLANS. (a) LaTex has provided Alliance (i) the names and current annual compensation rates of all present directors, officers, employees, independent contractors or agents of each of the LaTex Entities and (ii) the number, job category and range of compensation by job category of all employees of such entities.
(b) Section 4.31 of the LaTex Disclosure Schedule sets forth the --------------------------------------------- name of each Plan applicable to any of the LaTex Entities and lists all documents evidencing any Plan applicable to any of the LaTex Entities.
(c) Each Plan applicable to any of the LaTex Entities is now, and has been from its inception, administered in compliance in all material respects with the provisions of all applicable laws and regulations, including ERISA, the Code and the ADEA, insofar as such statutes are applicable to such Plan.
