Acquiror Plans definition

Acquiror Plans has the meaning assigned to such term in Section 6.10(b).
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Acquiror Plans has the meaning set forth in Section 5.6(b).
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Acquiror Plans has the meaning set forth in Section 8.6(d).
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Examples of Acquiror Plans in a sentence

  • Each of the Acquiror Plans is subject only to the laws of the United States or a political subdivision thereof.

  • Except as disclosed in Section 3.8(b) of the Acquiror Disclosure Schedule, or as required by group health plan continuation coverage requirements of Section 4980B of the Code ("COBRA"), none of the Acquiror Plans provides for or promises retiree medical, disability or life insurance benefits to any current or former employee, officer or director of the Acquiror or any of the Acquiror Subsidiaries.

  • Notwithstanding any provision of this Section 5.6, Acquiror shall either cause the Continuing Employees to continue to participate in the existing Benefit Plans or, in its sole discretion, cause the Continuing Employees to participate in the Acquiror Plans.

  • For purposes of all Acquiror Plans, including severance plans or policies, the Acquiror shall cause each such plan, program or arrangement to treat the prior service of each Covered Employee with the Company or the Company Subsidiaries as service rendered to the Acquiror for purposes of eligibility, vesting and benefit accruals under any Acquiror Plan (but not for purposes of benefit accruals under any defined benefit or defined contribution pension plan).

  • Multi-Employer Plans" within the meaning of Sections 3(37) or 4001(a)(3) of ERISA (the "Acquiror Plans"), covering Employees are in substantial compliance with ERISA and all other applicable laws and regulations.

  • As promptly as reasonably practicable after the Effective Time, Acquiror shall enroll the Continuing Employees in Acquiror’s employee benefit plans for which such employees are eligible (the “Acquiror Plans”), including its medical plans, dental plans, life insurance plans and disability plans, pursuant to the terms of the applicable Acquiror Plans, on substantially similar terms applicable to employees of Acquiror who are similarly situated based on levels of responsibility.

  • At the Effective Time, each Employee of the Company and its Subsidiaries shall immediately become entitled to participate in each of the Acquiror Plans, including without limitation, group hospitalization, medical, life and disability insurance plans, severance plans, qualified retirement, ESOP and savings plans, stock option plans, and management recognition plans, in which similarly situated employees of Acquiror and its Subsidiaries participate and to the same extent as such employees of Acquiror.

  • Notwithstanding anything in this Section 6.09 to the contrary, participation by the Employees in any of the Acquiror Plans with respect to which the eligibility of employees of Acquiror to participate is at the sole discretion of Acquiror, shall be at the sole discretion of the Acquiror applied in the same manner as such discretion is applied to similarly situated employees of Acquiror.

  • The period of employment and compensation of each Employee of the Company and its Subsidiaries with the Company and its Subsidiaries shall be counted for all purposes (except for purposes of benefit accrual) under the Acquiror Plans, including without limitation, for purposes of vesting and eligibility.

  • Schedule 3.16 list all of Acquiror's pension or profit sharing plans, benefit plans including, without limitation, any disability, medical, dental, workers compensation, health insurance, life insurance, vacation, benefits plans, incentive plans, fringe benefit plans and any other material plans, programs, agreements or arrangements which provide benefits to any current or former employee of Acquiror (collectively, "Acquiror Plans").


More Definitions of Acquiror Plans

Acquiror Plans has the meaning set forth in Section 5.18.
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Acquiror Plans means all "employee welfare benefit plans" within the meaning of Section 3(1) of ERISA and all "employee pension benefit plans" within the meaning of Section 3(2) of ERISA sponsored or maintained by Acquiror or any of the Acquiror Subsidiaries or to which the Acquiror or any of the Acquiror Subsidiaries contributes or is obligated to contribute.
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Acquiror Plans is defined in Section 6.4(a).
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Acquiror Plans means all Employee Benefit Plans sponsored or maintained by Acquiror.
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Related to Acquiror Plans

  • Company Stock Plans has the meaning set forth in Section 3.02(b).

  • Seller Plans has the meaning set forth in Section 3.13(a).

  • Parent Plans has the meaning set forth in Section 6.4(c).

  • Parent Stock Plans has the meaning set forth in Section 4.5(a).

  • Company Plans has the meaning set forth in Section 4.10(a).

  • Purchaser Plans shall have the meaning set forth in Section 6.6(a)(v).

  • Prior Plans means, collectively, the Company’s 2006 Long-Term Incentive Plan, as amended, 2009 Long-Term Incentive Plan, 2012 Long-Term Incentive Plan and 2013 Long-Term Incentive Plan. Awards granted under the Prior Plans continue to be governed under the terms of those Prior Plans.

  • Company Share Plans mean (a) the Company’s Stock Related Award Incentive Plan of 1999, as amended; (b) the Company’s 2010 Stock Incentive Plan, as amended; and (c) the Company’s 2015 Stock Incentive Plan, as amended;

  • Buyer Plans has the meaning set forth in Section 6.02(b).

  • Stock Plans shall have the meaning set forth in Section 3.7.

  • Company Employee Plans has the meaning set forth in Section 3.12(a).

  • Company Option Plans means the following stock option plans of the Company: (a) the Amended and Restated 1989 Stock Plan, (b) the Amended and Restated 1996 Stock Incentive Plan and (c) the 2002 Nonqualified Stock Incentive Plan.

  • Equity Plans meanss the stock option and incentive plans adopted and maintained by the Company from time to time.

  • Seller Plan means any Employee Benefit Plan maintained, or contributed to, by the Seller, any Subsidiary or any ERISA Affiliate.

  • Old Plans has the meaning set forth in Section 6.8(b).

  • Company Stock Option Plans means the Company’s 2000 Employee Stock Option Plan, 1997 Employee Stock Option Plan and 1995 Stock Option Plan, in each case as amended.

  • Company Benefit Plans has the meaning set forth in Section 3.16(a).

  • Company Equity Plans means any stock option, stock incentive, stock purchase or other equity compensation plan, sub-plan or non-plan agreement sponsored or maintained by the Company or any Subsidiary or controlled Affiliate of the Company or to which any such entity is a party.

  • Buyer Benefit Plans has the meaning set forth in Section 6.10(f).

  • Option Plans has the meaning assigned thereto in Section 2.5(b).

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).

  • Benefit Plans shall have the meaning set forth in Section 3.13(a).

  • Company Stock Plan means any stock option plan or other stock or equity-related plan of the Company.

  • New Plans shall have the meaning set forth in Section 5.11(b).

  • Employee Plans has the meaning set forth in Section 3.14(b).

  • Seller Benefit Plans has the meaning set forth in Section 4.8(a).