Common use of Retiree Welfare Plans Clause in Contracts

Retiree Welfare Plans. The Company does not maintain or have any obligation to contribute to (or any other liability with respect to) any plan or arrangement whether or not terminated, which provides medical, health, life insurance or other welfare-type benefits for current or future retired or terminated employees (except for limited continued medical benefit coverage required to be provided under Section 4980B of the IRC or as required under applicable state law).

Appears in 15 contracts

Samples: Contribution Agreement (Pathnet Inc), Preferred Stock and Warrant Purchase Agreement (Prudential Private Equity Investors Iii Lp), Contribution Agreement (Pathnet Inc)

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Retiree Welfare Plans. The Company does not maintain or have any obligation to contribute to (or any other liability with respect to) any plan or arrangement whether or not terminated, which provides medical, health, life insurance or other welfare-type benefits for current or future retired or terminated employees employees, their spouses or dependents (except for limited continued medical benefit coverage required to be provided under Section 4980B of the IRC or as required under applicable state lawLaws).

Appears in 4 contracts

Samples: Senior Subordinated Note, Preferred Stock and Warrant Purchase Agreement (Boner Tom E), Common Stock Purchase Agreement (Zimmerman Sign Co), Senior Subordinated Note, Preferred Stock and Warrant Purchase Agreement (Zimmerman Sign Co)

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Retiree Welfare Plans. The Company does not maintain or have any obligation to contribute to (or any other liability with respect to) any plan or arrangement whether or not terminated, which provides medical, health, life insurance or other welfare-type benefits for current or future retired or terminated employees (except for limited continued medical benefit coverage required to be provided under Section 4980B of the IRC Code or as required under applicable state law).

Appears in 1 contract

Samples: Stock Purchase Agreement (Golden State Vintners Inc)

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