No Employee Benefit. Consultant agrees that Consultant shall have no participation in any employee benefit programs now in effect or hereafter established by the Company, and Consultant shall not be entitled to participate in health, accident, and life insurance programs, vacation benefits, and pension, profit sharing or other employee benefits.
No Employee Benefit. Plan maintained by the Seller with respect to the Purchased Assets provides post retirement medical benefits, post retirement death benefits or other post retirement welfare benefits.
No Employee Benefit. Plan is funded by, associated with or related to a "voluntary employee's beneficiary association" within the meaning of Section 501(c)(9) of the Code.
No Employee Benefit. Plan other than a Multiemployer Plan is subject to the minimum funding requirements of Code Section 412 or to Title IV of ERISA.
No Employee Benefit. Plan provides, or represents any liability to provide, benefits (including, without limitation, death or medical benefits), whether or not insured, with respect to any former or current employee of an Acquired Company, or any spouse or dependent of any such employee, beyond the employee’s retirement or other termination of employment with the Acquired Companies, except to the extent required by applicable Law.
No Employee Benefit. Plan is, and neither the Company, any Company Subsidiary nor any of their respective ERISA Affiliates contributes to, has at any time contributed to or has any liability or obligation, whether fixed or contingent, with respect to (a) a “multiemployer plan” (within the meaning of Section 3(37) of ERISA), (b) a single employer plan or other pension plan that is subject to Title IV of ERISA, Section 302 of ERISA or Section 412 of the Code, (c) a “multiple employer plan” (within the meaning of Section 413(c) of the Code), or (d) a multiple employer welfare arrangement (within the meaning of Section 3(40) of ERISA).
No Employee Benefit. Plan provides for post-employment or retiree welfare benefits, except to the extent required by Part 6 of Subtitle B of Title I of ERISA or Section 4980B of the Code, commonly referred to as "COBRA";
No Employee Benefit. Plan to which the Sellers and/or a Subsidiary or any ERISA Affiliate made, or was required to make, contributions, or which any of them maintained or sponsored, during the past six years, is subject to Title IV of ERISA.
No Employee Benefit. Plan exists that could result in the payment to any present or former employee of the Partnership or its ERISA Affiliates of any money or other property or accelerate or provide any other rights or benefits to any present or former employee of the Partnership or its ERISA Affiliates as a result of the transaction contemplated by this Agreement, whether or not such payment would constitute a parachute payment within the meaning of Code section 280G.
No Employee Benefit. Sterling agrees that Sterling shall have no participation in any employee benefit programs now in effect or hereafter established by the Company, and Sterling shall not be entitled to participate in health, accident, and life insurance programs, vacation benefits, and pension, profit sharing or other employee benefits.
