Acquired Company Plan definition

Acquired Company Plan means (i) each “employee benefit plan” (within the meaning of Section 3(3) of ERISA, whether or not subject to ERISA), and (ii) each other material employment, bonus, pension, profit sharing, deferred compensation, incentive compensation, excess benefit, equity (or equity-like), severance, change in control, fringe benefit, retention, salary continuation, paid time off, vacation or holiday, supplemental unemployment, or other employee benefit or compensation plan, program, policy, agreement or arrangement, in each case, whether funded or unfunded, subject to the Laws of the United States or otherwise, which is sponsored, maintained, contributed to or required to be contributed to by any Acquired Company or Joint Venture.

Acquired Company Plan shall have the meaning set forth in Section 3.16(a).

Acquired Company Plan. Section 3.15(a)

Examples of Acquired Company Plan in a sentence

• All contributions required to be made to any Acquired Company Plan have been timely made or properly accrued on the Non-Insurance Financial Statements or the Insurance Subsidiary Statements.

• Part 2.20(a)(ii) of the Seller Disclosure Letter sets forth a true and correct list of each Acquired Company Plan.

• To the extent applicable to an Acquired Company Plan, Seller has delivered to Buyer complete and correct copies of all trust agreements, insurance contracts or other funding agreements or arrangements, the three most recent actuarial and trust reports, the three most recent Form 5500s required to have been filed with the IRS and all schedules thereto, the most recent IRS determination letter, all current summary plan descriptions, and any and all amendments to any such document.

• All reports, returns and similar documents with respect to the Acquired Company Plans required to be filed with any Governmental Entity or distributed to any Acquired Company Plan participant have been duly and timely filed or distributed and all reports, returns and similar documents actually filed or distributed were true and correct in all material respects.

• With respect to each Acquired Company Plan and other material Plan, Seller has delivered to Parent complete and correct copies of such Plan (or a description of such Plan if not written).

More Definitions of Acquired Company Plan

Acquired Company Plan means any Company Plan that is sponsored, maintained or contributed to solely by one or more of the Swiss Companies, or to which solely one or more Swiss Companies are required to contribute.

Acquired Company Plan means any employee benefit plan or other plan, agreement or arrangement, for the benefit of any current or former director, officer, employee or consultant of any Acquired Company or the Labor Company, or with respect to which any Acquired Company or the Labor Company has or may have any Liability, including any Contract or arrangement involving direct or indirect compensation or benefits, including insurance coverage, severance or other termination pay or benefits, change in control, retention, performance, holiday pay, vacation pay, fringe benefits, disability benefits, pension, retirement plans, profit sharing, deferred compensation, bonuses, stock options, stock purchase, restricted stock or stock units, phantom stock, stock appreciation or other forms of incentive compensation or post-retirement compensation, maintained or contributed to by any Acquired Company or the Labor Company (or that has been maintained or contributed to in the last six years by any Acquired Company or the Labor Company) for the benefit of any current or former director, officer, employee or consultant of any Acquired Company or the Labor Company, or with respect to which any Acquired Company or the Labor Company has or may have any Liability.

Acquired Company Plan means any Plan sponsored or maintained by any Acquired Company or by the Company or to which the Company or any of the Acquired Companies is a party or required to contribute.

Acquired Company Plan means all Plans of which any Acquired Company or an ERISA Affiliate of any Acquired Company is or was a Plan Sponsor at any time within the six year period preceding the date of this Agreement, or to which any Acquired Company or an ERISA Affiliate of any Acquired Company otherwise contributes or has contributed at any time within the six year period preceding the date of this Agreement, or in which any Acquired Company or an ERISA Affiliate of any Acquired Company otherwise participates or has participated at any time within the six year period preceding the date of this Agreement. All references to Plans are to Company Plans unless the context requires otherwise.

Acquired Company Plan is defined in Section 3.15.1.

Acquired Company Plan means an Employee Benefit Plan that is sponsored and maintained by an Acquired Company. Seller will provide as Schedule I a list of Acquired EMPLOYEE MATTERS AGREEMENT PROJECT AUGUSTA/CONFIDENTIAL DOCUMENT Company Plans, other than plans that involve participation that is required by applicable Law in government benefit schemes. A draft of Schedule I shall be provided by the Seller on the Effective Date listing the material Acquired Company Plans that are sponsored and maintained by Acquired Companies that employ thirty (30) or more Non-U.S. Employees. A final version of Schedule I shall be provided within thirty (30) days after the Effective Date. The Seller agrees to provide prompt notice to the Purchaser if any Employee Benefit Plan not identified on Schedule I will become an Acquired Company Plan between the Effective Date and the Initial Closing Date.

Acquired Company Plan means any Plan to which any of the Acquired Companies (or any ERISA Affiliate on behalf of a Acquired Company) contributes to, is a party to, is bound under or may have liability with respect to (or at any time during the six (6) year period preceding the date hereof has contributed, been a party to, been bound under or had liability with respect to) and under which directors, employees, independent contracts, consultants or other members of the workforce of a Acquired Company are eligible to participate or derive a benefit.