Common use of Fiduciary Duties and Prohibited Transactions Clause in Contracts

Fiduciary Duties and Prohibited Transactions. Neither the Company nor, to the knowledge of the Company, any plan fiduciary or party in interest (as such terms are defined in Section 3(21) and 3(14) of ERISA) of any Welfare Plan or Pension Plan has engaged in any transaction in violation of Sections 404 or 406 of ERISA or any "prohibited transaction," as defined in Section 4975(c)(1) of the Code, for which no exemption exists under Section 408 of ERISA or

Appears in 1 contract

Samples: Stock Purchase Agreement (Schuff Steel Co)

AutoNDA by SimpleDocs

Fiduciary Duties and Prohibited Transactions. Neither -------------------------------------------- the Company nor, to the knowledge of the Company, nor any plan fiduciary or party in interest (as such terms are defined in Section 3(21) and 3(14) of ERISA) of any Welfare Plan or Pension Plan Plan, has engaged in any transaction in violation of Sections 404 or 406 of ERISA or any "prohibited transaction," as defined in Section 4975(c)(1) of the Code, for which no exemption exists under Section 408 of ERISA oror Section 4975(c)(2) or (d) of the Code, or has otherwise violated the provisions of Part

Appears in 1 contract

Samples: Stock Purchase Agreement (Prometheus Homebuilders LLC)

Fiduciary Duties and Prohibited Transactions. Neither the Company nor, to the knowledge of the Company, Seller nor any plan fiduciary or party in interest (as such terms are defined in Section 3(21) and 3(14) of ERISA) of any Welfare Plan or Pension Plan which covers or has covered employees or former employees of Seller or any ERISA Affiliate, has engaged in any transaction in violation of Sections 404 or 406 of ERISA or any "prohibited transaction," , as defined in Section 4975(c)(1) of the Code, for which no exemption exists under Section 408 of ERISA oror Section 4975(c)(2) or (d) of the Code.

Appears in 1 contract

Samples: Asset Purchase Agreement (Schawk Inc)

AutoNDA by SimpleDocs

Fiduciary Duties and Prohibited Transactions. Neither the Company nor, to the knowledge of the CompanySellers, any plan fiduciary or party in interest (as such terms are defined in Section 3(21) and 3(14) of ERISA) of any Welfare Plan or Pension Plan has engaged in any transaction in violation of Sections 404 or 406 of ERISA or any "prohibited transaction," as defined in Section 4975(c)(1) of the Code, for which no exemption exists under Section 408 of ERISA orexists.

Appears in 1 contract

Samples: Equity Purchase Agreement (Dames & Moore Inc /De/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!