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: Stock Purchase Agreement (Gardenburger Inc), Purchase Agreement (Corechange Inc), Purchase Agreement (Computer Motion 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: Common Stock Purchase Agreement (Zimmerman Sign Co), Note, Preferred Stock and Warrant Purchase Agreement (Anderson David E), Note, Preferred Stock and Warrant Purchase Agreement (Zimmerman Sign Co)

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 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 4 contracts

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

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 3 contracts

Samples: Share Purchase Agreement (Ecollege Com), 11 Purchase Agreement (Corinthian Colleges Inc), Note and Warrant Purchase Agreement (Zytec Corp /Mn/)

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 2 contracts

Samples: Share Purchase Agreement (Ecollege Com), Unit Purchase Agreement (Ecollege Com)

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-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), the liability for which has not been properly reflected on the Company’s financial statements.

Appears in 1 contract

Samples: Stock Purchase Agreement (US Oncology Holdings, Inc.)

Retiree Welfare Plans. The Except as set forth on the attached Employee Benefits Schedule, the Company does not maintain or have any obligation to contribute to (or any other liability with respect to) any plan Employee Benefit 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 1 contract

Samples: Stock Purchase Agreement (Carrols Corp)

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Retiree Welfare Plans. The Neither the Company does not maintain nor any of its Subsidiaries maintains or have has 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 Code or as required under applicable state law).

Appears in 1 contract

Samples: Securities Purchase Agreement (Tower Group, Inc.)

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 1 contract

Samples: Purchase Agreement (Nanosphere Inc)

Retiree Welfare Plans. The Except as set forth on the "Employee --------------------- Benefits Schedule," the Company does not maintain or have any obligation to contribute to (or any other liability lia bility 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 1 contract

Samples: Purchase Agreement (L90 Inc)

Retiree Welfare Plans. The Except as set forth on the "Employee --------------------- Benefits Schedule," 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 1 contract

Samples: Purchase Agreement (L90 Inc)

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