Acquiror Benefit Plans definition
Examples of Acquiror Benefit Plans in a sentence
All individuals participating in Acquiror Benefit Plans are in fact eligible and authorized to participate in such Acquiror Benefit Plan in all material respects.
There is no pending or, to the knowledge of Acquiror, threatened litigation relating to the Acquiror Benefit Plans.
Each of the Acquiror Benefit Plans is in compliance with the applicable terms of ERISA and the Code and any other applicable laws, rules and regulations the breach or violation of which could result in a material liability to Acquiror or any Acquiror Commonly Controlled Entity.
Acquiror has made available to Target copies of all ERISA Plans and Benefit Plans sponsored or maintained by Acquiror, or to which Acquiror is required to make contributions, and which are governed by the laws of the United States (hereinafter referred to as the "Acquiror Benefit Plans").
No Continuing Employee who participates in any Acquiror Benefit Plan as of the date of this Agreement shall be adversely affected by the provisions of this section 5.11, other than the preservation of the rights of Acquiror or its Subsidiaries to amend or terminate any Company Benefit Plans or Acquiror Benefit Plans or any other contracts, arrangements, commitments or understandings, as set forth in the immediately preceding sentence.