Employee Plan Documents Clause Samples
The Employee Plan Documents clause establishes the requirement for providing employees with official documentation outlining the terms and details of benefit or compensation plans. Typically, this clause ensures that employees receive clear, written information about their eligibility, benefits, and obligations under various company-sponsored plans, such as health insurance, retirement savings, or stock options. By mandating the distribution and accessibility of these documents, the clause helps prevent misunderstandings and ensures compliance with legal disclosure requirements, thereby promoting transparency and informed participation among employees.
Employee Plan Documents. The Company has made available to Parent (i) correct and complete copies of each Company Employee Plan, including all amendments thereto, (ii) the most recent annual actuarial valuations, if any, prepared for each Company Employee Plan, (iii) the three most recent annual reports (Series 5500 and all schedules thereto), if any, required under ERISA or the Code in connection with each Company Employee Plan or related trust, (iv) if any Company Employee Plan is funded, the most recent annual and periodic accounting of Company Employee Plan assets, (v) the most recent summary plan description together with the most recent summary of material modifications, if any, with respect to each Company Employee Plan, (vi) the most recent IRS determination or opinion, (vii) copies of all material applications and correspondence regarding actual or pending audits or investigations to or from the IRS, DOL or any other Governmental Entity with respect to any Company Employee Plan, (viii) all material written agreements and contracts relating to each Company Employee Plan, including fidelity or ERISA bonds, administrative service agreements, group annuity contracts and group insurance contracts, (ix) all communications material to any Current Employee or Former Employee or Current Employees or Former Employees relating to any Company Employee Plan and any proposed Company Employee Plans, in each case relating to any amendments, terminations, establishments, increases or decreases in benefits, acceleration of payments or vesting schedules, or other events which would result in any material liability to the Company and which are not reflected in the current summary plan description and plan document, (x) all forms, including form of notices, relating to the provision of post-employment continuation of health coverage, (xi) all policies pertaining to fiduciary liability insurance covering the fiduciaries of each Company Employee Plan, (xii) all discrimination and qualification tests, if any, for each Company Employee Plan for the most recent plan year, and (xiii) all registration statements, annual reports (Form 11- K and all attachments thereto) and prospectuses prepared in connection with each Company Employee Plan.
Employee Plan Documents. The Company has made available to Parent correct and complete copies (or, if a plan or arrangement is not written, a written description) of all Company Employee Plans and amendments thereto, and, to the extent applicable: (i) all related trust agreements, funding arrangements and insurance contracts; (ii) the most recent determination letter received regarding the tax-qualified status of each Company Employee Plan; (iii) the most recent financial statements for each Company Employee Plan; (iv) the Form 5500 Annual Returns/Reports and Schedules for the most recent plan year for each Company Employee Plan; (v) the current summary plan description and any related summary of material modifications and, if applicable, summary of benefits and coverage, for each Company Employee Plan; and (vi) all actuarial valuation reports related to any Company Employee Plans.
Employee Plan Documents. The Company has made available to Parent (i) correct and complete copies of each Company Employee Plan as in effect on the date hereof (or, if such Company Employee Plan is not written, an accurate description of the material terms thereof); (ii) the most recent annual report (Series 5500 and all schedules thereto), if any, required under ERISA or the Code; (iii) the most recent summary plan description together with the most recent summary of material modifications, if any, with respect to each Company Employee Plan; and (iv) all determination, opinion, notification and advisory letters and rulings, compliance statements, closing agreements, or similar materials specific to each Company Employee Plan from the IRS and copies of all applications and correspondence (including specifically any correspondence regarding actual or potential audits or investigations) to or from the IRS, DOL or any other Governmental Entity with respect to any Company Employee Plan.
Employee Plan Documents. The Company has delivered to the Parent (i) correct and complete copies of each Company Employee Plan or related trust, including all amendments thereto (or, if such Company Employee Plan is not written, an accurate description of the material terms thereof); (ii) the most recent annual reports (Series 5500 and all schedules thereto), if any, required under ERISA or the Code in connection with each Company Employee Plan or related trust; (iii) the most recent summary plan description together with the most recent summary of material modifications, if any, with respect to each Company Employee Plan; (iv) all determination, opinion, notification and advisory letters and rulings specific to each Company Employee Plan from the IRS; (v) all material written Contracts relating to each Company Employee Plan, including fidelity or ERISA bonds, administrative service agreements, group annuity Contracts and group insurance Contracts, and (vi) all communications material to any Employee or Employees relating to any Company Employee Plan and any proposed Company Employee Plans.
Employee Plan Documents. Copies of all current and prior material documents, including all amendments thereto, with respect to each Employee Plan have been given to DCX. These documents include, but are not limited to, the following: plan documents, trust agreements, insurance contracts, annuity contracts, fidelity bonds and fiduciary liability policies and applications therefor, summary plan descriptions, filings with, applications to and correspondence with any government entity, disputed claims made by or against any Employee Plan, investment manager and investment advisory contracts, evaluations of investment performance, administration contracts, actuarial reports, audit reports, financial statements, agreements concerning plan mergers or transfers, determination letters and private letter rulings from the IRS, advisory opinion letters from the Department of Labor or the PBGC, prohibited transaction exemptions, resolutions of the Board of Directors of the Company, minutes or other records of the meetings of any plan committee, reports of trustees and appraisals of assets.