Common use of ERISA and Other Compliance Clause in Contracts

ERISA and Other Compliance. (a) BIZ has made available to Litronic a list of all employees of BIZ and their salaries as of the date of this Agreement. BIZ has made available to Litronic copies of (i) each "employee benefit plan," as defined in Section 3(3) of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), and (ii) all other written or formal plans or agreements involving direct or indirect compensation or benefits (including any employment agreements entered into between BIZ or BCP and any employee of BIZ or BCP, but excluding workers' compensation, unemployment compensation and other government-mandated programs) currently or previously maintained, contributed to or entered into by BIZ or BCP under which BIZ or BCP or an ERISA Affiliate (as defined below) thereof has any present or future material obligation or liability (collectively, "BIZ Employee Plans"). "

Appears in 4 contracts

Samples: Agreement and Plan of Reorganization (SSP Solutions Inc), Agreement and Plan of Reorganization (SSP Solutions Inc), Agreement and Plan of Reorganization (SSP Solutions Inc)

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