Employee Plans and Contracts Sample Clauses

Employee Plans and Contracts. Schedule 3.1 (r) is a true and complete list of all bonus, pension, stock option, stock ownership, stock purchase, phantom stock, benefit, welfare, profit sharing, retirement, disability, death benefit, vacation, severance, hospitalization, medical, insurance, incentive, deferred compensation and other similar fringe or employee benefit plans, funds, programs, arrangements, or understandings (whether or not legally binding), and all employment contracts, executive compensation, consulting, termination, or indemnification agreements, written or oral, in each of the foregoing cases which cover or are maintained for the benefit of any current or former employee, officer or director of Xxxxx Electrosurgical that have existing, current, continuing or potential future obligations with respect thereto (the "Employee Plans"). Except as set forth on Schedule 3.1 (r), there has not been any adoption or amendment (not already embodied in the documents provided to Sparta Xxxxx), comprising any such Employee Plans. Without limiting the generality of the foregoing, there are no salary and termination benefits payable to any officers and employees of Xxxxx Electrosurgical under existing employment agreements. True and correct copies (in all material respects) of all items referred to in this Section 3.1(r) have been heretofore delivered by the Xxxxx Electrosurgical Shareholders to Sparta Xxxxx.
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Employee Plans and Contracts. Set forth on the Disclosure Schedule is a true and complete list of all bonus, pension, stock option, stock ownership, stock purchase, phantom stock, benefit, welfare, profit sharing, retirement, disability, death benefit, vacation, severance, hospitalization, medical, insurance, incentive, deferred compensation and other similar fringe or employee benefit plans, funds, programs, arrangements, or understandings (whether or not legally binding), and all employment contracts, executive compensation, consulting, termination, or indemnification agreements, written or oral, in each of the foregoing cases which cover or are maintained for the benefit of any current or former employee, officer or director of the Company that have existing, current, continuing or potential future obligations with respect thereto (the "Employee Plans"). Except as set forth in the Disclosure Schedule, there has not been any adoption or amendment (not already embodied in the documents provided to AFC, comprising any such Employee Plans. Without limiting the generality of the foregoing, (A) the aggregate salary and termination benefits payable to each of the senior officers of the Company under existing employment agreements are as set forth in the Disclosure Schedule, (B) the termination benefits payable to additional officers and employees under the Company's severance plans are as set forth in the Disclosure Schedule, and (c) no individuals other than those referred to in clauses (A) and (B) of this sentence are, or will be at the Closing Date, entitled to salary, severance, termination, bonus or other such benefits from the Company. True and correct copies of all items referred to in this Section 2.1(r) have been heretofore delivered by the Stockholder to AFC.
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Employee Plans and Contracts. Except as required by law, without the written consent of IIS, not directly or indirectly (i) enter into or modify any collective bargaining agreement with any labor union or other representative of employees, (ii) increase the compensation or benefits of any employee of Witech or any of its subsidiaries, (iii) amend or terminate any Witech Option Plan, or (iv) enter into or adopt any new employee benefit plan, policy or arrangement; and
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Employee Plans and Contracts. The Company does not have any employee benefit plans, as defined by Section 3(3) of the Employee Retirement Income Security Act of 1974, as amended ("ERISA").
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Employee Plans and Contracts. (a) Seller is not a party to any collective bargaining or other labor union contract applicable to persons employed by Seller in the business or operations of the Facilities or the Acquired Assets. There exist no current activities or proceedings to organize any unorganized employees of Seller employed in the Acquired Assets.
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Employee Plans and Contracts 
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Related to Employee Plans and Contracts

  • Benefit Plans and Programs To the extent permitted by applicable law and subject to the terms and eligibility requirements of any such plan or program, Executive will be eligible to participate in all benefit plans and programs, including improvements or modifications of the same, that are maintained by the Company generally for executive employees of the Company, subject to the eligibility requirements and other terms and conditions of those plans and programs. The Company will not, however, by reason of this Section 5(b) be obligated either (1) to institute, maintain, or refrain from changing, amending, or discontinuing any such benefit plan or program, or (2) to provide Executive with all benefits provided to any other person or individual employed by the Company or any of its affiliates.

  • Employee Plans Except as provided in Section 4.12, the Assuming Institution shall have no liabilities, obligations or responsibilities under the Failed Bank’s health care, bonus, vacation, pension, profit sharing, deferred compensation, 401K or stock purchase plans or similar plans, if any, unless the Receiver and the Assuming Institution agree otherwise subsequent to the date of this Agreement.

  • Plans and Benefit Arrangements The Borrower shall, and shall cause each other member of the ERISA Group to, comply with ERISA, the Internal Revenue Code and other applicable Laws applicable to Plans and Benefit Arrangements except where such failure, alone or in conjunction with any other failure, would not result in a Material Adverse Change. Without limiting the generality of the foregoing, the Borrower shall cause all of its Plans and all Plans maintained by any member of the ERISA Group to be funded in accordance with the minimum funding requirements of ERISA and shall make, and cause each member of the ERISA Group to make, in a timely manner, all contributions due to Plans, Benefit Arrangements and Multiemployer Plans.

  • Benefit Plans; ERISA (a) Section 2.09(a) of the Disclosure Schedule contains a true and complete list and description of each of the Benefit Plans and identifies each of the Benefit Plans that is a Qualified Plan and relates to Employees.

  • Benefit Plans and Perquisites The Executive shall be entitled throughout the term of this Agreement to participate in any and all officer or employee compensation, bonus, incentive, and benefit plans in effect from time to time, including without limitation plans providing pension, medical, dental, disability, and group life benefits, including the Employer’s 401(k) Plan, and to receive any and all other fringe benefits provided from time to time, provided that the Executive satisfies the eligibility requirements for any such plans or benefits. Without limiting the generality of the foregoing –

  • Company Employee Plans (a) Part 3.19(a) of the Disclosure Schedule sets forth a complete and accurate list of each material Company Employee Plan. For purposes of this Agreement, “

  • Benefit Plans The Executive shall be eligible to participate in any employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, at a level commensurate with his positions, subject to satisfying the applicable eligibility requirements. The Company may at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretion.

  • Company Plans Section 1.10(a),.................... 5 Company..........................................................................

  • Material Contracts and Agreements (i) All material contracts of the Company or its subsidiaries have been included in the Company SEC Documents, except for those contracts not required to be filed pursuant to the rules and regulations of the SEC.

  • Employee Benefit Plans and Programs During the Employment Period, the Executive shall be treated as an employee of the Company and shall be entitled to participate in and receive benefits under any and all qualified or non-qualified retirement, pension, savings, profit-sharing or stock bonus plans, any and all group life, health (including hospitalization, medical and major medical), dental, accident and long term disability insurance plans, and any other employee benefit and compensation plans (including, but not limited to, any incentive compensation plans or programs, stock option and appreciation rights plans and restricted stock plans) as may from time to time be maintained by, or cover employees of, the Company, in accordance with the terms and conditions of such employee benefit plans and programs and compensation plans and programs and consistent with the Company's customary practices.

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