Employee Benefit and Labor Matters. (a) Section 4.17(a) of the Company Disclosure Schedule contains a true, accurate and complete list identifying each Company Employee Plan. Prior to the date hereof, copies of each category of Company Employee Plan and any amendments thereto have been made available to Parent, and copies of, to the extent applicable, any related trust or funding agreements or insurance policies, amendments thereto, the most recent annual report and actuarial reports relating thereto, and prospectuses or summary plan descriptions relating thereto have been furnished to Parent.
Employee Benefit and Labor Matters. (a) Except as disclosed in the Company SEC Reports, neither the Company nor any of its Subsidiaries is a party to, maintains or contributes to, has any obligation to contribute to or has any liability (including a liability arising out of an indemnification, guarantee, hold harmless or similar agreement, any statutory joint and several liability obligation and any contingent liability) in respect of any "employee benefit plan" as defined in Section 3(3) of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), or any employment, consulting, severance, termination, change in control, retention, incentive or deferred compensation, bonus, stock option or other equity based, fringe benefit or other employee benefit plan, program, arrangement, agreement or commitment (individually, a "Plan," or collectively, the "Plans"). No Plan is (i) a "multiemployer plan" (within the meaning of Section 3(37) or Section 4001(a)(3) of ERISA) or (ii) subject to Section 302 or Title IV of ERISA or Section 412 of the Code.
Employee Benefit and Labor Matters. (a) To the Company’s Knowledge, no executive-level employee intends to terminate employment with the Company or is otherwise likely to become unavailable to continue as an employee. The Company does not have a present intention to terminate the employment of any of the foregoing. The employment of each employee of the Company is terminable at the will of the Company. Except as set forth in Section 4.17(a) of the Company Disclosure Letter or as required by Law, upon termination of the employment of any such employees, no severance or other payments will become due. Except as set forth in Section 4.17(a) of the Company Disclosure Letter, the Company has no policy, practice, plan or program of paying severance pay or any form of severance compensation in connection with the termination of employment services.
Employee Benefit and Labor Matters. (a) To the Knowledge of Pubco, no executive-level employee intends to terminate employment with Pubco or is otherwise likely to become unavailable to continue as an employee. Pubco does not have a present intention to terminate the employment of any of the foregoing. The employment of each employee of Pubco is terminable at the will of Pubco. Except as set forth in Section 5.14(a) of the Pubco Disclosure Letter or as required by law, upon termination of the employment of any such employees, no severance or other payments will become due. Except as set forth in Section 5.14(a) of the Pubco Disclosure Letter, Pubco has no policy, practice, plan or program of paying severance pay or any form of severance compensation in connection with the termination of employment services.
Employee Benefit and Labor Matters. (a) The Company provides the following benefits for its employees:
Employee Benefit and Labor Matters. (a) Neither the Company nor any subsidiary has in the past and does not now sponsor, maintain, contribute or otherwise have any obligation with respect to any pension, profit sharing, retirement, fringe benefit, deferred compensation, stock purchase, stock option, incentive, bonus, vacation, severance, disability, hospitalization, medical insurance or life insurance plan, oral or written commitment of any nature regarding retiree health care, or program or any other type of employee benefit plan, program or arrangement within the meaning of Section 3(3) of ERISA including without limitation any defined benefit plan within the meaning of Section 3(35) of ERISA or Section 414(j) of the Code or any defined contribution plan within the meaning of Section 3(34) of ERISA or Section 414(j) of the Code or any multiemployer plan within the meaning of Section 3(37) and 4001(a)(3) of ERISA for the benefit of any current or former officers or employees of the Company or any subsidiary or their beneficiaries (whether on an active or frozen basis).
Employee Benefit and Labor Matters. (a) Section 3.11(a) of the Seller Disclosure Schedule sets forth a list of each Transferred Company Benefit Plan and each material Seller Benefit Plan (separately identifying which Benefit Plans are Transferred Company Benefit Plans and which Benefit Plans are Seller Benefit Plans). Seller has made available to IPH a copy of each Transferred Company Benefit Plan and each material Seller Benefit Plan (or, in each case to the extent no such copy exists, an accurate description thereof).
Employee Benefit and Labor Matters. (a) The Borrower has made available to the Lender a true, correct and complete copy of each Employee Benefit Plan, other than Employee Benefit Plans maintained solely to provide legally mandated benefits to employees located in jurisdictions outside of the United States. Except as specifically provided in the foregoing documents delivered to the Lender, there are no amendments to any Employee Benefit Plan that have been adopted or approved nor has the Borrower or any of its Subsidiaries undertaken to make any such amendments or to adopt or approve any new Employee Benefit Plan.
Employee Benefit and Labor Matters. (a) Neither the Company nor any of its Subsidiaries is a party to any contract regarding collective bargaining or other contract with any labor union or association representing any employee employed by the Company or any of its Subsidiaries or otherwise engaged in the Business, nor does any labor union or collective bargaining agent represent any employee employed by the Company or any of its Subsidiaries or otherwise engaged in the Business. No contract regarding collective bargaining has been requested by, or is under discussion between management of the Company or its Subsidiaries (or any management group or association of which the Company or its Subsidiaries is a member or otherwise a participant) and, any group of employees employed by the Company or its Subsidiaries or otherwise engaged in the Business, nor are there any representation proceedings or petitions seeking a representation proceeding presently pending against the Company or its Subsidiaries with the National Labor Relations Board or any other labor relations tribunal, nor are there any other current activities known to the Company or any of its Subsidiaries to organize any employees of the Company or its Subsidiaries into a collective bargaining unit. Except as set forth on Part 3.12(a) of the Disclosure Schedule, there is no unfair labor practice charge or complaint pending or, to the knowledge of the Company or its Subsidiaries, threatened. Except as set forth on Part 3.12(a) of the Disclosure Schedule, since April 23, 2001, there has been no labor strike, slow-down, work stoppage, arbitration, grievances or other work-related dispute involving the Company or any of its Subsidiaries or otherwise related to the Business, and no such dispute is now pending or, to the knowledge of the Company or any of its Subsidiaries, threatened against the Company or any of its Subsidiaries.
Employee Benefit and Labor Matters. (a) Section 3.10(a) of the Seller Disclosure Schedule sets forth a true and complete list of each material Benefit Plan and each material Employment Agreement (other than any agreement or offer letter entered into pursuant to applicable Law) by jurisdiction. With respect to each material Benefit Plan and material Employment Agreement (other than any agreement or offer letter entered into pursuant to applicable Law), Parent has delivered to Purchaser an accurate description thereof and, to the extent applicable: for the three (3) most recent years (A) the Form 5500 and attached schedules, (B) audited financial statements and (C) actuarial valuation reports.
