Employment Plans Sample Clauses

Employment Plans. On the Effective Date, all employment agreements and severance policies, including all employment, compensation, and benefit plans, policies, and programs of the Debtors applicable to any of their respective officers, employees or retirees, and any of the officers, employees or retirees of their respective subsidiaries, including, without limitation, all workers’ compensation programs, savings plans, retirement plans, SERP plans, healthcare plans, disability plans, severance benefit plans, incentive plans, change-in-control plans, insurance plans including but not limited to life and accidental death and dismemberment insurance plans, health and welfare plans, and 401(k) plans (in each case, as applicable) (collectively, the “Specified Employee Plans”) shall be deemed and treated as Executory Contracts that are and shall, subject to the following proviso, be assumed by the Debtors (and assigned to the applicable Reorganized Debtors, if necessary) pursuant to section 365(a) and section 1123 of the Bankruptcy Code as to which no Proof of Claim, request for administrative expense, or cure claim need be Filed; provided that (a) the Debtors, pursuant to the Restructuring Support Agreement, acknowledged and agreed that the Consummation of this Plan shall not constitute a change in control or term of similar meaning pursuant to any of the Specified Employee Plans, and the Confirmation Order shall contain a finding and such other provisions acceptable to the Required Consenting Noteholders confirming the same, and (b) each “Executive” employment agreement, “Level I” employment agreement and “Level II” employment agreement shall only be maintained and assumed by the Debtors (and assigned to the Reorganized Debtors, if necessary) and considered a Specified Employee Plan if the employee party to such agreement, on or prior to the Effective Date, (i) confirms that the Consummation of this Plan does not constitute a change in control and (ii) waives any right to resign with “good reason” solely or in part as a result of the Consummation of this Plan. All Claims arising from the Specified Employee Plans shall survive the Effective Date and be Unimpaired. Unless previously effectuated by separate order entered by the Bankruptcy Court, entry of the Confirmation Order shall constitute the Bankruptcy Court’s approval of the Debtors’ assumption of each of the Specified Employee Plans. Confirmation and Consummation of this Plan shall not impair or otherwise modify any availab...
AutoNDA by SimpleDocs
Employment Plans. The Contractor will be trained by ACSSA on how to thoroughly conduct employment planning and Assessment sessions, and to complete all state and County mandated employment plan forms. The Contractor will use the CalWORKs Appraisal and CalFresh E&T Assessment information gathered from the Orientation session to assess a participant’s skills, needs, work history and educational background in order to help a participant with creating an employment plan. Below is a description of the two most common employment plans used by the County. • CalWORKs Welfare-To-Work Employment Plan - The Contractor will meet in person with a CalWORKs participant to discuss the information gathered from the Self- Sufficiency Plan and the Online CalWORKs Appraisal Tool (OCAT). They will use this information to determine the appropriate type(s) of WTW activities, support services and required hours of participation that are to be documented in the participant’s individualized WTW2 Plan. Below is a listing of County approved Welfare-to-Work Activities: Core activities - These job-related activities may include:‌
Employment Plans. (a) Schedule 7.9 lists and describes all Employee Plans relating to ------------ employees who are employed by the Seller in the Merchant Business. The Seller has furnished to the Purchaser true, correct and complete copies of all the current plan summaries and employee booklets applicable to employees of the Seller who are employed in the Merchant Business for such Employee Plans.
Employment Plans. The Contractor shall be trained by ACSSA on how to thoroughly conduct employment planning and Assessment sessions, and to complete all state and County mandated employment plan forms. The Contractor shall use the CalWORKs Appraisal and CalFresh E&T Assessment information gathered from the Orientation session to assess a participant’s skills, needs, work history and educational background to help a participant with creating an employment plan. Below is a description of the two most common employment plans used by the County.
Employment Plans. On or before December 31, 2000 the Company shall amend the Company ESPP to provide that no Shares will be offered for sale under such plan after that date.
Employment Plans. Seller acknowledges and agrees that Buyer is not assuming any employment policies, programs, procedures, practices or agreements or any employee benefit plans (as defined in Section 3(3) of ERISA or otherwise), compensation policies or plans of Seller (or its Affiliates), or any obligations or liabilities associated therewith. Without limiting the generality of the foregoing, on or before the Closing, Seller shall cash out and pay any accrued, credited, owed and unpaid bonuses, vacation, “comp-time,” or sick leave obligations, if any, that may be required to be paid to the Store Employees by Seller. Seller shall furnish Buyer with copies of any plans, policies, programs, procedures, practices or other agreements relating to benefits provided to the Store Employees within five (5) Business Days after Buyer requests the same, in writing.
Employment Plans. Except as provided in Section 6.2 hereof, any liabilities or obligations under any employee benefit plan maintained or contributed to by Seller.
AutoNDA by SimpleDocs
Employment Plans. Schedule 4.25 sets forth all employment contracts, bonus, stock option, stock purchase, profit sharing, pension, retirement, medical insurance, disability insurance, incentive or other compensation or retirement arrangements to which SkyTex is a party (together with and including all SkyTex Employee Plans) and all amendments or modifications, if any, thereto accompanied by certified copies of any agreements, including trust agreements, embodying such contracts, plans or arrangements, together with certified copies of any determination letters issued by the Internal Revenue Service or U.S. Department of Labor with respect thereto. Each SkyTex Employee Plan and other employment benefit set forth on Schedule 4.25 is in compliance with all applicable Federal, state and local laws, ordinances and regulations.
Time is Money Join Law Insider Premium to draft better contracts faster.