Common use of Employee Benefits Plans; ERISA Clause in Contracts

Employee Benefits Plans; ERISA. Neither Seller nor any ERISA Affiliate maintains or contributes to, or has any obligation to contribute to, or has any Liability with respect to, any Employee Plan. Seller does not have any Liability with respect to any Person under Title IV of ERISA. Neither Seller nor any ERISA Affiliate maintains, contributes to, or has any Liability for any Employee Plan or any medical, health, life or other welfare benefits for present or future terminated employees or retirees.

Appears in 2 contracts

Samples: Asset Purchase Agreement (New Age Beverages Corp), Noncompetition Agreement (New Age Beverages Corp)

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Employee Benefits Plans; ERISA. Neither Seller nor any ERISA Affiliate maintains or contributes to, or has any obligation to contribute to, or has any Liability with respect to, any Employee Plan. Seller does not have any Liability with respect to any Person under Title IV of ERISA. Neither Seller nor any ERISA Affiliate maintains, contributes to, or has any Liability for any Employee Plan or any medical, health, life or other welfare benefits for present or future terminated employees or retireesretirees for which Buyer could be held liable except as required by applicable law.

Appears in 1 contract

Samples: Asset Purchase Agreement (New Age Beverages Corp)

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Employee Benefits Plans; ERISA. Neither Seller Sellers nor any ERISA Affiliate maintains or contributes to, or has any obligation to contribute to, or has any Liability with respect to, any Employee Plan. Seller does Sellers do not have any Liability with respect to any Person under Title IV of ERISA. Neither Seller Sellers nor any ERISA Affiliate maintains, contributes to, or has any Liability for any Employee Plan or any medical, health, life or other welfare benefits for present or future terminated employees or retireesretirees for which Buyer could be held liable.

Appears in 1 contract

Samples: Asset Purchase Agreement (American Brewing Company, Inc.)

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