Retirees. The Company has no obligation or commitment to provide medical, dental or life insurance benefits to or on behalf of any of its employees who may retire or any of its former employees who have retired except as may be required pursuant to the continuation of coverage provisions of Section 4980B of the Internal Revenue Code and Sections 601 through 608 of ERISA.
Appears in 8 contracts
Samples: Merger Agreement (Universal Document MGMT Systems Inc), Merger Agreement (Universal Document MGMT Systems Inc), Merger Agreement (Universal Document MGMT Systems Inc)
Retirees. The Company has no obligation or commitment to provide medical, dental or life insurance benefits to or on behalf of any of its employees who may retire or any of its former employees who have retired retired, except as may be required pursuant to the continuation of coverage provisions of Section 4980B of the Internal Revenue Code and Sections 601 through 608 the applicable provisions of ERISA.
Appears in 6 contracts
Samples: Stock Purchase Agreement (American Medical Providers Inc), Asset Purchase Agreement (American Medical Providers Inc), Stock Purchase Agreement (American Medical Providers Inc)
Retirees. The Company has no obligation or commitment to provide medical, dental or life insurance benefits to or on behalf of any of its employees who may after they retire or any of its former employees who have retired except as may be required pursuant to the continuation of coverage provisions of Section 4980B of the Internal Revenue Code and Sections 601 through 608 of ERISA.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Access Corp), Asset Purchase Agreement (Universal Document MGMT Systems Inc)
Retirees. The Company None of the Companies has no any obligation or commitment to provide medical, dental or life insurance benefits to or on behalf of any of its employees who may retire or any of its former employees who have retired except as may be required pursuant to the continuation of coverage provisions of Section 4980B from employment with any of the Internal Revenue Code and Companies other than coverage mandated by Sections 601 through 608 of ERISAERISA and 4980(f) of the Code, short-term extensions of coverage (such as for six months in the event of disability) or other extensions required by law.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Zaring National Corp), Securityholders Agreement (American Homestar Corp)
Retirees. The Company has no obligation or commitment to provide medical, dental or life insurance benefits to or on behalf of any of its employees who may retire or any of its former employees who have retired except (i) as may be required pursuant to the continuation of coverage provisions of Section 4980B of the Internal Revenue Code Code, the applicable parallel provisions of ERISA and Sections 601 through 608 any applicable state law, (ii) continuation of ERISAbenefits in the event of disability, and (iii) conversion privileges provided under any insured Company ERISA Employee Benefit Plans.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Omnilynx Communications Corp)
Retirees. The Company has no does not have any obligation or commitment to provide medical, dental or life insurance benefits to or on behalf of any of its employees who may retire or any of its former employees who have retired except (i) as may be required pursuant to the continuation of coverage provisions of Section 4980B of the Internal Revenue Code Code, the applicable parallel provisions of ERISA and Sections 601 through 608 any applicable state law, (ii) continuation of ERISAbenefits in the event of disability, and (iii) conversion privileges provided under any insured Company ERISA Employee Benefit Plans.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Omnilynx Communications Corp)
