Assumed DC Plans definition

Assumed DC Plans has the meaning set forth in Section 8.3(a).
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Assumed DC Plans has the meaning ascribed to it in Exhibit A;
Sample 1

Examples of Assumed DC Plans in a sentence

  • From and after the Distribution Date, TimkenSteel and the TimkenSteel Group will assume and be solely and exclusively responsible for all assets, obligations, and liabilities associated with, or in any way related to, the Assumed DC Plans, whether accrued before, on or after the Distribution Date.

  • From and after the Distribution Date, TimkenSteel or a member of the TimkenSteel Group will be solely responsible for taking all necessary, reasonable, and appropriate actions (including the submission of the Assumed DC Plans to the Internal Revenue Service for a determination of tax-qualified status) to maintain and administer the Assumed DC Plans so that they are qualified under Section 401(a) of the Code and that the related trusts thereunder are exempt under Section 501(a) of the Code.

  • From and after the Distribution Date, Manitowoc Foodservice and the Manitowoc Foodservice Group will assume and be solely and exclusively responsible for all assets, obligations, and liabilities associated with, or in any way related to, the Assumed DC Plans, whether accrued before, on or after the Distribution Date.

  • From and after the Distribution Date, Manitowoc Foodservice or a member of the Manitowoc Foodservice Group will be solely responsible for taking all necessary, reasonable, and appropriate actions to maintain and administer the Assumed DC Plans so that they are qualified under Section 401(a) of the Code and that the related trusts thereunder are exempt under Section 501(a) of the Code.

Related to Assumed DC Plans

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

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

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

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Company Plans shall have the meaning set forth in Section 3.14(a).

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

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

  • Qualified Plans has the meaning set forth in Section 5.20.

  • Sub-Plans means any sub-plan to the Plan that has been adopted by the Board or the Committee for the purpose of permitting the offering of Awards to employees of certain Designated Foreign Subsidiaries or otherwise outside the United States of America, with each such sub-plan designed to comply with local laws applicable to offerings in such foreign jurisdictions. Although any Sub-Plan may be designated a separate and independent plan from the Plan in order to comply with applicable local laws, the Absolute Share Limit and the other limits specified in Section 5(b) shall apply in the aggregate to the Plan and any Sub-Plan adopted hereunder.

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

  • Welfare Plans shall have the meaning set forth in Section 3.2.4.

  • Assumed Liabilities has the meaning set forth in Section 2.3.

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

  • Seller Plan means any Employee Benefit Plan that is maintained or sponsored by the Seller or any Subsidiaries of the Seller (other than the Companies and their Subsidiaries) for the benefit of any current or former NewCo Employee.

  • Assumed Agreements shall have the meaning as set forth in Section 2.2.

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

  • Company Share Plans means, collectively, (i) the 2018 Share Incentive Plan of the Company, which replaced the Company’s 2010 Share Incentive Plan in its entirety, and (ii) the Post-IPO Share Incentive Plan of the Company.

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

  • Seller 401(k) Plan shall have the meaning set forth in Section 6.01(i).

  • Business Employees has the meaning set forth in Section 4.10(a).

  • Canadian Benefit Plans means all material employee benefit plans of any nature or kind whatsoever that are not Canadian Pension Plans and are maintained or contributed to by any Credit Party having employees in Canada.

  • Company Equity Plans means (i) the Company’s 2014 Equity Incentive Plan as amended and restated from time to time, (ii) the Company’s 2004 Equity Incentive Plan, as amended and restated from time to time and (iii) the Inference Technologies Group Inc. 2018 Equity Incentive Plan, as amended and restated from time to time.

  • Assumed Deposits means Deposits.

  • Purchaser Benefit Plans has the meaning set forth in Section 8.7(d).

  • Assumed Debt has the meaning set forth in Section 2.2.

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