ERISA and Employee Benefits. (a) Section 3.8(a) of the Sellers’ Disclosure Schedule contains a true and complete list of each Seller Plan. Except to the extent required by applicable Law or to maintain Tax-qualified status, neither the Sellers nor any ERISA Affiliate has any obligation to change or otherwise modify any existing Seller Plan or program or to establish any new plan or program.
Appears in 2 contracts
Samples: Escrow Agreement (Rafaella Apparel Group,inc.), Escrow Agreement (Perry Ellis International Inc)
ERISA and Employee Benefits. (a) Section 3.8(a) of the Sellers’ Seller Disclosure Schedule contains a true and complete list of each Seller Plan. Except to the extent required by applicable Law None of Seller, any Seller Subsidiary or to maintain Tax-qualified status, neither the Sellers nor any ERISA Affiliate has any obligation to change or otherwise modify any existing Seller Plan or program or to establish any new plan or program.
Appears in 1 contract
Samples: Asset Purchase Agreement (Transaction Systems Architects Inc)
ERISA and Employee Benefits. (a) Section 3.8(a) of the Sellers’ Seller Disclosure Schedule contains a true and complete list of each Seller Plan. Except to None of Sellers, any of the extent required by applicable Law or to maintain Tax-qualified status, neither the Sellers Seller Subsidiaries nor any ERISA Affiliate of any of them has any obligation to change or otherwise modify any existing Seller Plan or program or to establish any new plan or programprogram that increases any benefits of Transferred Employees.
Appears in 1 contract
Samples: Purchase Agreement (Advanced Accessory Holdings Corp)
