Common use of Employee Benefit Plans and Arrangements Clause in Contracts

Employee Benefit Plans and Arrangements. Schedule 6.22 sets forth a complete and accurate list of each Benefit Plan covering any present or former officers, employees or directors of the Company or its Subsidiary. "Benefit Plan" means each "employee pension benefit plan" (as defined in Section 3(2) of ERISA, hereinafter a "Pension Plan"), "employee welfare benefit plan" (as defined in Section 3(1) of ERISA, hereinafter a "Welfare Plan") and each other plan or arrangement (written or oral) relating to deferred compensation, bonus, performance compensation, stock purchase, stock option, stock appreciation, severance, vacation, sick leave, holiday pay, fringe benefits, personnel policy, reimbursement program, incentive, insurance, welfare or similar plan, program, policy or arrangement, in each case maintained or contributed to, or required to be maintained or contributed to, by the Company or its Subsidiary or their respective affiliates or any other person or entity that, together with the Company or its Subsidiary, is treated as a single employer under Section 414(b), (c), (m) or (o) of the Code (each, together with the Company or its Subsidiary, a "Commonly Controlled Entity") for the benefit of any present or former officer, employee or director. The Company and its Subsidiary have no intent or commitment to create any additional Benefit Plan or amend any Benefit Plan so as to increase benefits thereunder. The Company and its Subsidiary have not created any Benefit Plan or declared or paid any bonus compensation in contemplation of the transactions contemplated by this Agreement. A current, accurate and complete copy of each Benefit Plan has been made available to UniCapital. Except as disclosed on Schedule 6.22:

Appears in 1 contract

Samples: Agreement and Plan of Contribution (Unicapital Corp)

AutoNDA by SimpleDocs

Employee Benefit Plans and Arrangements. Schedule 6.22 sets forth a complete and accurate list of each Benefit Plan covering any present or former officers, employees or directors of the Company or its SubsidiarySubsidiaries. "Benefit Plan" means each "employee pension benefit plan" (as defined in Section 3(23(3) of ERISA, hereinafter a "Pension Plan"), "employee welfare benefit plan" (as defined in Section 3(1) of ERISA, hereinafter a "Welfare Plan") and each other plan or arrangement (written or oral) relating to deferred compensation, bonus, performance compensation, stock purchase, stock option, stock appreciation, severance, vacation, sick leave, holiday pay, fringe benefits, personnel policy, reimbursement program, incentive, insurance, welfare or similar plan, program, policy or arrangement, in each case maintained or contributed to, or required to be maintained or contributed to, by the Company or Company, its Subsidiary Subsidiaries or their respective affiliates or any other person or entity that, together with the Company or its SubsidiarySubsidiaries, is treated as a single employer under Section 414(b), (c), (m) or (o) of the Code (each, together with the Company or its SubsidiarySubsidiaries, a "Commonly Controlled Entity") for the benefit of any present or former officer, employee or director. The Company and its Subsidiary Subsidiaries have no intent or commitment to create any additional Benefit Plan or amend any Benefit Plan so as to increase benefits thereunder. The Company and its Subsidiary Subsidiaries have not created any Benefit Plan or declared or paid any bonus compensation in contemplation of the transactions contemplated by this Agreement. A current, accurate and complete copy of each Benefit Plan has been made available to UniCapital. Except as disclosed on Schedule 6.22:

Appears in 1 contract

Samples: Agreement and Plan of Contribution (Unicapital Corp)

Employee Benefit Plans and Arrangements. Schedule 6.22 sets forth a complete and accurate list of each Benefit Plan covering any present or former officers, employees or directors of the Company or its Subsidiaryany CLA Company. "Benefit Plan" means each "employee pension benefit plan" (as defined in Section 3(23(3) of ERISA, hereinafter a "Pension Plan"), "employee welfare benefit plan" (as defined in Section 3(13(2) of ERISA, hereinafter a "Welfare Plan") and each other plan or arrangement (written or oral) relating to deferred compensation, bonus, performance compensation, stock purchase, stock option, stock appreciation, severance, vacation, sick leave, holiday pay, fringe benefits, personnel policy, reimbursement program, incentive, insurance, welfare or similar plan, program, policy or arrangement, in each case maintained or contributed to, or required to be maintained or contributed to, by the Company or its Subsidiary any CLA Company or their respective affiliates or any other person or entity that, together with the Company or its Subsidiaryand the CLA Companies, is treated as a single employer under Section 414(b), (c), (m) or (o) of the Code (each, together with the Company or its Subsidiaryand the CLA Companies, a "Commonly Controlled Entity") for the benefit of any present or former officer, employee or director. The Neither the Company and its Subsidiary have no nor any CLA Company has any intent or commitment to create any additional Benefit Plan or amend any Benefit Plan so as to increase benefits thereunder. The Neither the Company and its Subsidiary have not nor any CLA Company has created any Benefit Plan or declared or paid any bonus compensation in contemplation of the transactions contemplated by this Agreement. A current, accurate and complete copy of each Benefit Plan has been made available to UniCapital. Except as disclosed on Schedule 6.22:

Appears in 1 contract

Samples: Agreement and Plan of Contribution (Unicapital Corp)

Employee Benefit Plans and Arrangements. Schedule 6.22 sets forth a complete and accurate list of each Benefit Plan covering any present or former officers, employees or directors of the Company or and its SubsidiarySubsidiaries. "Benefit Plan" means each "employee pension benefit plan" (as defined in Section 3(2) of ERISA, hereinafter a "Pension Plan"), "employee welfare benefit plan" (as defined in Section 3(1) of ERISA, hereinafter a "Welfare Plan") and each other plan or arrangement (written or oral) relating to deferred compensation, bonus, performance compensation, stock purchase, stock option, stock appreciation, severance, vacation, sick leave, holiday pay, fringe benefits, personnel policy, reimbursement program, incentive, insurance, welfare or similar plan, program, policy or arrangement, in each case maintained or contributed to, or required to be maintained or contributed to, by the Company Company, its Subsidiaries or its Subsidiary or their respective affiliates or any other person or entity that, together with the Company or its any Subsidiary, is treated as a single employer under Section 414(b), (c), (m) or (o) of the Code (each, together with the Company or its any Subsidiary, a "Commonly Controlled Entity") for the benefit of any present or former officer, employee or director. The Company and its Subsidiary Subsidiaries have no intent or commitment to create any additional Benefit Plan or amend any Benefit Plan so as to increase benefits thereunder. The Company and its Subsidiary Subsidiaries have not created any Benefit Plan or declared or paid any bonus compensation in contemplation of the transactions contemplated by this Agreement. A current, accurate and complete copy of each Benefit Plan has been made available to UniCapital. Except as disclosed on Schedule 6.22:

Appears in 1 contract

Samples: Agreement and Plan of Contribution (Unicapital Corp)

AutoNDA by SimpleDocs

Employee Benefit Plans and Arrangements. Schedule 6.22 sets forth a complete and accurate list of each Benefit Plan covering any present or former officers, employees or directors of the Company or its Subsidiaryany NSJ Company. "Benefit Plan" means each "employee pension benefit plan" (as defined in Section 3(23(3) of ERISA, hereinafter a "Pension Plan"), "employee welfare benefit plan" (as defined in Section 3(13(2) of ERISA, hereinafter a "Welfare Plan") and each other plan or arrangement (written or oral) relating to deferred compensation, bonus, performance compensation, stock purchase, stock option, stock appreciation, severance, vacation, sick leave, holiday pay, fringe benefits, personnel policy, reimbursement program, incentive, insurance, welfare or similar plan, program, policy or arrangement, in each case maintained or contributed to, or required to be maintained or contributed to, by the Company or its Subsidiary any NSJ Company or their respective affiliates or any other person or entity that, together with the Company or its Subsidiaryand the NSJ Companies, is treated as a single employer under Section 414(b), (c), (m) or (o) of the Code (each, together with the Company or its Subsidiaryand the NSJ Companies, a "Commonly Controlled Entity") for the benefit of any present or former officer, employee or director. The Neither the Company and its Subsidiary have no nor any NSJ Company has any to intent or commitment to create any additional Benefit Plan or amend any Benefit Plan so as to increase benefits thereunder. The Neither the Company and its Subsidiary have not nor any NSJ Company has created any Benefit Plan or declared or paid any bonus compensation in contemplation of the transactions contemplated by this Agreement. A current, accurate and complete copy of each Benefit Plan has been made available to UniCapital. Except as disclosed on Schedule 6.22:

Appears in 1 contract

Samples: Agreement and Plan of Contribution (Unicapital Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!