Acquired Company Employee Plan shall have the meaning set forth in Section 3.10(b).
Acquired Company Employee Plan means any Employee Plan (i) that is sponsored, maintained, administered, contributed to or required to be contributed to or entered into by any Acquired Company Entity for the current or future benefit of any Acquired Company Service Provider or (ii) for which any Acquired Company Entity has, or could reasonably be expected to have, any direct or indirect Liability.
Acquired Company Employee Plan means any plan, scheme, program, policy, practice, Contract or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, profit-sharing, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written, unwritten or otherwise, funded or unfunded, that is or has been maintained, contributed to, or required to be contributed to, by any Acquired Company for the benefit of any Acquired Company Employee, or with respect to which any Acquired Company has or may have any liability or obligation, excluding any Acquired Company Employee Agreement.
Examples of Acquired Company Employee Plan in a sentence
No independent contractor is eligible to participate in any Acquired Company Employee Plan.
No Acquired Company Employee Plan is intended to meet the requirements of Section 501(c)(9) of the Code.
With respect to each Acquired Company Employee Plan, and except as would not result in any material Liability to Purchaser or an Acquired Company, each such plan is now and since January 1, 2015, has been administered in all material respects in accordance with its terms and the requirements of all applicable Laws, including ERISA and the Code when applicable.
There have been no “prohibited transactions” (as defined in Section 406 of ERISA or Section 4975 of the Code) with respect to any Acquired Company Employee Plan.
No Acquired Company Employee Plan and no grants, awards or benefits thereunder are subject to Section 409A(a) or 409A(b) of the Code or, if subject to Section 409A(a) of the Code, have failed or will fail, in form or operation, to meet the requirements of Section 409A(a)(2), 409A(a)(3) or 409A(a)(4) of the Code.
More Definitions of Acquired Company Employee Plan
Acquired Company Employee Plan means each Seller Employee Plan that is maintained or sponsored solely by an Acquired Company for the benefit of Acquired Company Employees (or any dependent or beneficiary thereof).
Acquired Company Employee Plan means all Seller Employee Plans sponsored or maintained by the U.S. Acquired Company or the Canada Acquired Company.
Acquired Company Employee Plan means any plan, program, policy, practice or Contract providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other benefits or remuneration of any kind, whether written or unwritten, and whether funded or unfunded, including each “employee benefit plan,” within the meaning of Section 3(3) of ERISA (whether or not ERISA is applicable to such plan), that is or has been maintained, contributed to or required to be contributed to by an Acquired Company for the benefit of any Acquired Company Employee, and with respect to which an Acquired Company has or may have any liability or obligation; provided, however, than an Acquired Company Employee Agreement shall not be considered an “Acquired Company Employee Plan.”
Acquired Company Employee Plan means any plan, program, policy, practice, Contract, whether written or unwritten, providing benefits or compensation to any Acquired Company Service Provider or any beneficiary or dependent thereof that is sponsored or maintained by an Acquired Company or to which an Acquired Company contributes or is obligated to contribute, or otherwise has any material Liability with respect to, including any employee welfare benefit plan within the meaning of Section 3(1) of ERISA, any employee pension benefit plan within the meaning of Section 3(2) of ERISA (whether or not such plan is subject to ERISA) or any bonus, incentive, deferred compensation, vacation, insurance, supplemental unemployment, retention, stock purchase, stock option or other equity-related award, severance, employment, consulting, change of control or fringe benefit plan, program, policy, practice or Contract, but excluding any employee benefit plan, agreement, arrangement or program sponsored by a Governmental Authority.
Acquired Company Employee Plan means all material employee benefit plans (as defined in Section 3(3) of ERISA, whether or not subject to ERISA) and all other deferred compensation, pension, retirement, profit-sharing, bonus, commission, stock option, stock purchase, restricted stock, incentive (whether cash, equity or equity-based), deferred compensation, health and welfare, fringe benefit, vacation or paid leave, retiree medical or retiree life insurance, supplemental retirement, change in control, severance or other benefit plans, programs or arrangement and all employment, individual consultant, termination, severance or other Contracts (including individual agreements), excluding any of the foregoing to the extent required to be provided under applicable Law, in each case (x) that are maintained, sponsored or contributed to by an Acquired Company for the benefit of any Acquired Company Employee (or any dependent or beneficiary thereof) or (y) under which an Acquired Company has or may have any material obligation or Liability.
Acquired Company Employee Plan means any (i) each “employee benefit plan” (as such term is defined in Section 3(3) of ERISA), whether or not subject to ERISA, (ii) each employment, consulting or other service agreement or arrangement, and (iii) each severance, termination, pension, retirement, supplemental retirement, excess benefit, profit sharing, bonus, incentive, deferred compensation, retention, transaction, change in control, stock option, restricted stock or other compensatory equity or equity-based, savings, life, health, disability, accident, medical, dental, vision, cafeteria, insurance, flex spending, adoption/dependent/employee assistance, tuition, vacation, paid-time-off, other welfare fringe benefit and each other compensation and/or benefit plan, program, policy, agreement or arrangement maintained, sponsored or contributed to by any Acquired Company or any Subsidiary thereof or under which any Acquired Company or any Subsidiary thereof has any obligation or liability, whether actual or contingent, direct or indirect, to provide compensation or benefits to or for the benefit of any of its current or former Service Providers, or the spouses, beneficiaries or other dependents thereof.
Acquired Company Employee Plan means any plan, program, policy, practice, Contract or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits (other than immaterial fringe benefits) or other employee benefits (other than immaterial employee benefits) or remuneration of any kind, whether written or unwritten, funded or unfunded, that is or has been maintained, contributed to, or required to be contributed to, by any Acquired Company for the benefit of any Acquired Company Employee, or with respect to which an Acquired Company has or may reasonably be expected to have any liability or obligation, excluding any Acquired Company Employee Agreement.