Benefit Plans definition

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

Benefit Plans has the meaning set forth in Section 4.9(b).

Benefit Plans of any Person means any and all deferred compensation, executive compensation, incentive compensation, equity purchase or other equity-based compensation plan, employment or consulting, severance or termination pay, holiday, vacation or other bonus plan or practice, hospitalization or other medical, life or other insurance, supplemental unemployment benefits, profit sharing, pension, or retirement plan, program, agreement, commitment or arrangement, and each other employee benefit plan, program, agreement or arrangement, including each “employee benefit plan” as such term is defined under Section 3(3) of ERISA, maintained or contributed to or required to be contributed to by a Person for the benefit of any employee or terminated employee of such Person, or with respect to which such Person has any Liability, whether direct or indirect, actual or contingent, whether formal or informal, and whether legally binding or not.

Examples of Benefit Plans in a sentence

• Teachers employed by this Board shall be eligible to participate in Board Benefit Plans.

• During pregnancy leave, parental leave and extended leave, an employee who participates in the Benefit Plans referred to in Articles 31 to 36 shall continue that participation unless he or she elects in writing not to do so.

• The Board shall allow a teacher on pension with the Ontario Teachers' Pension Plan, and/or spouse, and dependent children of a deceased teacher, to continue participation in all Board Benefit Plans as they existed prior to October providing the teacher, spouse or dependent children the full amount in a manner approved by the Human Resource Services Office.

• As of the Closing Date, Seller has provided Purchaser with a true and complete list for each such Employee which includes each such Employee’s (i) current annualized base salary or base hourly pay rate, (ii) target annual cash bonus amount, (iii) Fair Labor Standards Act status, (iv) work location, (v) status (e.g., full- time, part-time, temporary, leave), (vi) paid time off accrued, and (vii) service credited for purposes of vesting and eligibility to participate under the Company Benefit Plans.

• The Board shall allow a Teacher on pension with the Ontario Teachers' Pension Plan, and/or spouse, and dependent children of a deceased Teacher, to continue participation in all Board Benefit Plans with the exception of Dental Restoration and Orthodontics, providing the Teacher, spouse or dependent children pay(s) the full amount in a manner approved by the Human Resource Services Office.

More Definitions of Benefit Plans

Benefit Plans has the meaning set forth in Section 5.03(m)(i).

Benefit Plans shall have the meaning set forth in Section 4.10(a).

Benefit Plans means employee benefit plans as defined in Section 3(3) of ERISA and all other employee benefit practices or arrangements, including, without limitation, any such practices or arrangements providing severance pay, sick leave, vacation pay, salary continuation for disability, retirement benefits, deferred compensation, bonus pay, incentive pay, stock options or other stock-based compensation, hospitalization insurance, medical insurance, life insurance, scholarships or tuition reimbursements, maintained by the Company or to which the Company is obligated to contribute for employees or former employees.

Benefit Plans shall have the meaning set forth in Section 6.8(b).

Benefit Plans has the meaning set forth in Section 2.13.

Benefit Plans has the meaning set forth in Section 4(c) of this Agreement.

Benefit Plans means all stock option or share purchase plans, employee loans, home purchase loans, insurance, long-term disability, medical, dental or other executive and employee benefit plans, including without limitation any pension or company sponsored retirement savings plans, and all privileges (including without limitation automobile leases) provided by the Corporation or any subsidiary of the Corporation to the Executive;