Buyer Plans definition

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

Buyer Plans shall have the meaning set forth in Section 4.12 hereof.

Buyer Plans has the meaning set forth in Section 9.2(c).

Examples of Buyer Plans in a sentence

• The Buyer Plans shall not require contributions by Transferred Employees at a rate that exceeds the rate in effect for other similarly situated employees of the Buyer.

• The Buyer shall credit the Transferred Employees with all service of the Transferred Employees recognized under the employee benefit plans, policies, programs, or arrangements maintained by the Parent or the Company (the “Parent Plans”) as service with the Buyer for purposes of eligibility to participate, vesting and levels of benefits available, under all Buyer Plans.

• The Buyer shall credit the Transferred Employees with all service of the Transferred Employees recognized under any Employee Benefit Plan or Benefit Arrangements as service with the Buyer for purposes of eligibility to participate, vesting and levels of benefits available, under all Buyer Plans (as defined below).

• The Buyer shall credit the Transferred Employees with all service of the Transferred Employees recognized under the employee benefit plans, policies, programs, or arrangements maintained by the Parent or the Company (the "PARENT PLANS") as service with the Buyer for purposes of eligibility to participate, vesting and levels of benefits available, under all Buyer Plans.

• All Buyer Plans and Buyer severance pay plans, programs or practices shall recognize all credited service of New Buyer Employees with PKI and its subsidiaries for purposes of eligibility and vesting and level of benefits to the same extent such service was recognized under similar plans maintained by PKI or its subsidiaries immediately prior to the Closing Date, provided that the foregoing shall not apply to the extent it would result in a duplication of benefits for the same period of service.

More Definitions of Buyer Plans

Buyer Plans has the meaning specified in Section 8.2(h).

Buyer Plans shall have the meaning set forth in Section 6.1(b) of this Agreement.

Buyer Plans shall have the meaning set forth in Section 9L.

Buyer Plans means the applicable compensation and employee benefits plans, programs and arrangements offered by the Buyer and its Affiliates from time to time.

Buyer Plans shall have the meaning set forth in Section 9.2(a). “Cash Payment” shall have the meaning set forth in Section 3.1. “Closing” shall have the meaning set forth in Section 4.1.

Buyer Plans as defined in Section 6.16(b).

Buyer Plans means any employee benefit or compensation plan that is adopted or sponsored by Key or an affiliate of Key as of or after the Closing Date, including any pension, profit sharing, retirement, savings, 401(k), severance, paid vacation, paid time off, employee health, or other financial, welfare or benefit plan that covers or otherwise benefits any Transferring Employees, other than Sellers’ Benefit Plans.