Common use of Plan Qualification and Compliance Clause in Contracts

Plan Qualification and Compliance. None of the employee benefit plans set forth on Schedule 2.14 is intended to be qualified under Section 401(a) of the Code. Each employee benefit plan set forth on Schedule 2.14 and all related trusts, insurance contracts and funds have been maintained, funded and administered in material compliance with their respective terms and with all applicable laws. For purposes of this Section 2.14, the term “Corporation” includes all entities under common control with the Corporation pursuant to Section 414(b) or (c) of the Code.

Appears in 2 contracts

Samples: Series a 1 Preferred Stock Purchase Agreement (Finjan Holdings, Inc.), Series a Preferred Stock Purchase Agreement (Finjan Holdings, Inc.)

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Plan Qualification and Compliance. None of the employee benefit plans set forth on in Schedule 2.14 7.19 is intended to be qualified under Section 401(a) of the Code. Each employee benefit plan set forth on in Schedule 2.14 7.19 and all related trusts, insurance contracts and funds have been maintained, funded and administered in material compliance with their respective terms and with all applicable laws. For purposes of this Section 2.14, the term “Corporation” includes all entities under common control with the Corporation pursuant to Section 414(b) or (c) of the Code.

Appears in 2 contracts

Samples: Series a Preferred Stock Purchase Agreement (Xstream Systems Inc), Series a Preferred Stock Purchase Agreement (Xstream Systems Inc)

Plan Qualification and Compliance. None of the employee benefit plans set forth on in Schedule 2.14 7.18 is intended to be qualified under Section 401(a) of the Code. Each employee benefit plan set forth on in Schedule 2.14 7.18 and all related trusts, insurance contracts and funds have been maintained, funded and administered in material compliance with their respective terms and with all applicable laws. For purposes of this Section 2.14, the term “Corporation” includes all entities under common control with the Corporation pursuant to Section 414(b) or (c) of the Code.

Appears in 2 contracts

Samples: Series D Preferred Stock Purchase Agreement (Xstream Systems Inc), Series D Preferred Stock Purchase Agreement (Xstream Systems Inc)

Plan Qualification and Compliance. None of the employee benefit plans set forth on Schedule 2.14 9.18 is intended to be qualified under Section 401(a) of the Code. Each employee benefit plan set forth on Schedule 2.14 9.18 and all related trusts, insurance contracts and funds have been maintained, funded and administered in material compliance with their respective terms and with all applicable laws. For purposes of this Section 2.14, the term “Corporation” includes all entities under common control with the Corporation pursuant to Section 414(b) or (c) of the Code.

Appears in 1 contract

Samples: Series B Preferred Stock Purchase Agreement (Adstar Com Inc)

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Plan Qualification and Compliance. None of the employee benefit plans set forth on Schedule 2.14 7.18 is intended to be qualified under Section 401(a) of the Code. Each employee benefit plan set forth on Schedule 2.14 7.18 and all related trusts, insurance contracts and funds have been maintained, funded and administered in material compliance with their respective terms and with all applicable laws. For purposes of this Section 2.14, the term “Corporation” includes all entities under common control with the Corporation pursuant to Section 414(b) or (c) of the Code.

Appears in 1 contract

Samples: Series a Preferred Stock Purchase Agreement (Adstar Com Inc)

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