Applicable Benefit Plan definition

Applicable Benefit Plan means any written employee benefit plan in effect and in which the Executive participates as of the time of the termination of his employment.
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Applicable Benefit Plan means any written employee benefit plan (which may include certain benefits in equity agreements) in effect and in which the Executive participates or under which the Executive retains rights to benefits as of the time of the termination of his employment, other than any severance plan or policy.
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Applicable Benefit Plan and "Applicable Benefit Plans" shall exclude only the fully-insured health and accident plan sponsored for only the eligible employees of Diabetes Self Care, Inc. (the benefits under which are underwritten by Allmerica Health Insurance Company); and such excluded plan is referred to in this paragraph 10 as the "Assumed Plan."
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Examples of Applicable Benefit Plan in a sentence

  • If the Executive’s employment terminates for any reason or no reason, the Executive shall not be entitled to any compensation, benefits, damages, awards or other payments in respect of such termination, except as provided in this Agreement or pursuant to the terms of any Applicable Benefit Plan.

  • Applicable Benefit Plan contributions must also be paid on any such additional amounts.

  • FAMILY AND DEPENDENT COVERAGE 5(1) The HSA will cover expenses for dependents listed under an Eligible Employee’s Applicable Benefit Plan.

  • Notwithstanding anything to the contrary herein, upon the Executive’s termination of employment for any reason, the Executive (or his estate) shall be entitled to any and all compensation, benefits, awards and other payments required by any Applicable Benefit Plan, the COBRA Act or other applicable law, after taking into account the agreements set forth herein.

  • Notwithstanding anything to the contrary herein, the Executive or his or her estate shall be entitled to receive any and all compensation, benefits, awards and other payments required by any Applicable Benefit Plan, the COBRA Act or other applicable law, (the “Legal Benefits”) at such times and in such manner as set forth in the Applicable Benefit Plan, COBRA Act or other applicable law.

  • Notwithstanding anything to the contrary herein, the Executive or his estate shall be entitled to any and all compensation, benefits, awards and other payments required by any Applicable Benefit Plan, the COBRA Act or other applicable law, after taking into account the agreements set forth herein.


More Definitions of Applicable Benefit Plan

Applicable Benefit Plan means any written employee benefit plan in effect and in which the Executive participates as
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Applicable Benefit Plan means, as to a given Investor, each “employee benefit plan” (as defined in Section 3(3) of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”)), “multiple employer welfare arrangement” (as defined in Section 3(40) of ERISA), severance, employment, change-in-control, equity or cash incentive, and any other employee (or post-employment) benefit plans, programs, agreements or other arrangements which are contributed to, sponsored by or maintained by any of such Investor’s Acquired Entities and as to which any such Acquired Entity has any obligation or liability, contingent or otherwise, for current or former employees or directors of any such Acquired Entity, in each case other than any governmental or other statutorily mandated plan or program. Each Investor has made available to the other Investor correct and complete copies of: (i) each Applicable Benefit Plan (or, in the case of any such Applicable Benefit Plan that is unwritten, descriptions thereof); (ii) for the most recent year (A) the annual reports on Form 5500 and attached schedules required to be filed with the IRS with respect to each Applicable Benefit Plan (if any such report was required) and (B) audited financial statements, if applicable; (iii) the most recent summary plan description for each Applicable Benefit Plan for which such summary plan description is required; and (iv) each trust agreement, insurance or group annuity contract, and other funding arrangements relating to any Applicable Benefit Plan.
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Related to Applicable Benefit Plan

  • Flexible benefit plan means a benefit plan that allows

  • Welfare Benefit Plan means each welfare benefit plan maintained or contributed to by the Company, including, but not limited to a plan that provides health (including medical and dental), life, accident or disability benefits or insurance, or similar coverage, in which Executive was participating at the time of the Change in Control.

  • Employee Benefit Plan means any "employee benefit plan" as defined in Section 3(3) of ERISA which is or was maintained or contributed to by Company, any of its Subsidiaries or any of their respective ERISA Affiliates.

  • Employee Benefit Plans shall have the meaning set forth in Section 3.20(a).

  • Employee Welfare Benefit Plan has the meaning set forth in ERISA Section 3(1).

  • Benefit Plan means any of (a) an “employee benefit plan” (as defined in ERISA) that is subject to Title I of ERISA, (b) a “plan” as defined in Section 4975 of the Code or (c) any Person whose assets include (for purposes of ERISA Section 3(42) or otherwise for purposes of Title I of ERISA or Section 4975 of the Code) the assets of any such “employee benefit plan” or “plan”.

  • Company Employee Benefit Plan means each Employee Benefit Plan that is maintained, sponsored or contributed to (or required to be contributed to) by any of the Group Companies or under or with respect to which any of the Group Companies has any Liability.

  • Health benefit plan means a policy, contract, certificate or agreement offered or issued by a health carrier to provide, deliver, arrange for, pay for or reimburse any of the costs of health care services.

  • Defined Benefit Plan means each Benefit Plan which is subject to Part 3 of Title I of ERISA, Section 412 of the Code or Title IV of ERISA.

  • Parent Benefit Plan means any Employee Benefit Plan maintained by, sponsored by or contributed to by, or obligated to be contributed to by any Parent Group Entity.

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

  • Company Benefit Plan has the meaning specified in Section 4.13(a).

  • Employee Plan means an employee benefit plan within the meaning of Section 3(3) of ERISA (other than a Multiemployer Plan), regardless of whether subject to ERISA, that any Loan Party or any of its ERISA Affiliates maintains, sponsors or contributes to or is obligated to contribute to.