Common use of Retiree Benefits Clause in Contracts

Retiree Benefits. Except as set forth in Schedule 3.21, no Employee Plan provides health or life insurance benefits for retirees except as required by applicable law. Except as set forth in Schedule 3.21, no such plan contains any provisions, and no commitments or agreements exist, which in any way would limit or prohibit the Buyer from amending any such plan to reduce or eliminate such retiree benefits.

Appears in 1 contract

Samples: Stock Purchase Agreement (Nashua Corp)

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Retiree Benefits. Except as set forth in Schedule 3.213.19 of the --------------- ------------- Disclosure Schedule, no Employee Plan provides health or life insurance benefits for retirees except as required by applicable law. Except as set forth in Schedule 3.21, no No such plan contains any provisions, and no commitments or agreements exist, which in any way would limit or prohibit the Buyer from amending any such plan to reduce or eliminate such retiree benefits.

Appears in 1 contract

Samples: Stock Purchase Agreement (Entrust Technologies Inc)

Retiree Benefits. Except as set forth in Schedule 3.21SCHEDULE 2.25, no Employee Plan provides health or life insurance benefits for retirees except as required by applicable lawretirees. Except as set forth in Schedule 3.21, no No such plan contains any provisions, and no commitments or agreements exist, which in any way would limit or prohibit the Buyer from amending any such plan to reduce or eliminate such retiree benefits.

Appears in 1 contract

Samples: Merger Agreement (Casella Waste Systems Inc)

Retiree Benefits. Except as set forth in Schedule 3.212.22, no Employee Plan provides health or life insurance benefits for retirees except as required by applicable law. Except as set forth in Schedule 3.21, no No such plan contains any provisions, and no commitments or agreements exist, which in any way would limit or prohibit the Buyer from amending any such plan to reduce or eliminate such retiree benefits.

Appears in 1 contract

Samples: Asset Purchase Agreement (Opnet Technologies Inc)

Retiree Benefits. Except as set forth in Schedule 3.213.19, no ---------------- ------------- Employee Plan provides health or life insurance benefits for retirees except as required by applicable lawretirees. Except as set forth in Schedule 3.21, no No such plan contains any provisions, and no commitments or agreements exist, which in any way would limit or prohibit the Buyer from amending any such plan to reduce or eliminate such retiree benefits.

Appears in 1 contract

Samples: Stock Purchase Agreement (Satcon Technology Corp)

Retiree Benefits. Except as set forth in Schedule 3.21SCHEDULE 3.19, no Employee Plan provides health or life insurance benefits for retirees except as required by applicable lawretirees. Except as set forth in Schedule 3.21, no No such plan contains any provisions, and no commitments or agreements exist, which in any way would limit or prohibit the Buyer from amending any such plan to reduce or eliminate such retiree benefits.

Appears in 1 contract

Samples: Stock Acquisition Agreement (Skymall Inc)

Retiree Benefits. Except as set forth in on Schedule 3.212.21(c), no Employee Plan provides health or life insurance benefits for retirees except as required by applicable law. Except as set forth in Schedule 3.21, no such plan contains any provisions, and no commitments or agreements exist, which in any way would limit or prohibit the Buyer from amending any such plan to reduce or eliminate such retiree benefitsretirees.

Appears in 1 contract

Samples: Asset Purchase Agreement (Intermet Corp)

Retiree Benefits. Except as set forth in Schedule 3.213.19, no Employee Plan provides health or life insurance benefits for retirees except as required by applicable lawretirees. Except as set forth in Schedule 3.21, no No such plan contains any provisions, and no commitments or agreements exist, which in any way would limit or prohibit the Buyer from amending any such plan to reduce or eliminate such retiree benefits.

Appears in 1 contract

Samples: Stock Purchase Agreement (Mechanical Technology Inc)

Retiree Benefits. Except as set forth in Schedule 3.213.20, no Employee Plan provides health or life insurance benefits for retirees except as required by applicable lawretirees. Except as set forth in Schedule 3.21, no No such plan contains any provisions, and no commitments or agreements exist, which in any way would limit or prohibit the Buyer from amending any such plan to reduce or eliminate such retiree benefits.

Appears in 1 contract

Samples: Stock Purchase Agreement (Open Solutions Inc)

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Retiree Benefits. Except as set forth in Schedule 3.21, no No Employee Plan provides health or life insurance benefits for retirees except as required by applicable lawretirees. Except as set forth in Schedule 3.21, no No such plan contains any provisions, and no commitments or agreements exist, which in any way would limit or prohibit the Buyer from amending any such plan to reduce or eliminate such retiree benefits.

Appears in 1 contract

Samples: Stock Purchase Agreement (Breed Technologies Inc)

Retiree Benefits. Except as set forth in Schedule 3.212.25, no Employee Plan provides health or life insurance benefits for retirees except as required by applicable lawretirees. Except as set forth in Schedule 3.21, no No such plan contains any provisions, and no commitments or agreements exist, which in any way would limit or prohibit the Buyer from amending any such plan to reduce or eliminate such retiree benefits.

Appears in 1 contract

Samples: Asset Purchase Agreement (Amtech Systems Inc)

Retiree Benefits. Except as set forth in Schedule 3.213.17, no Employee Plan provides health or life insurance benefits for retirees except as required by applicable law. Except as set forth in Schedule 3.21, and no such plan contains any provisions, and no commitments or agreements exist, which in any way would limit or prohibit the Buyer from amending any such plan to reduce or eliminate such retiree benefits.

Appears in 1 contract

Samples: Purchase Agreement (Ski Lifts Inc)

Retiree Benefits. Except as set forth in Schedule 3.21Section 4.1(s) of the Symmetry Disclosure Schedule, no Employee Plan provides health or life insurance benefits for retirees except as required by applicable lawretirees. Except as set forth in Schedule 3.21, no No such plan contains any provisions, and no commitments or agreements exist, which in any way would limit or prohibit the Buyer Analogy from amending any such plan to reduce or eliminate such retiree benefits.

Appears in 1 contract

Samples: Merger Agreement (Analogy Inc)

Retiree Benefits. Except as set forth in Schedule 3.21, no Employee Plan provides health or life insurance benefits for retirees except as required by applicable lawretirees. Except as set forth in Schedule 3.21, no No such plan contains any provisions, and no commitments or agreements exist, which in any way would limit or prohibit the Buyer from amending any such plan to reduce or eliminate such retiree benefits.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sunlink Health Systems Inc)

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