Canadian Employee Plans means all the written employee benefit, fringe benefit, supplemental unemployment benefit, bonus, incentive, profit sharing, termination, change of control, pension, retirement, stock option, stock purchase, stock appreciation, phantom stock, health, welfare, medical, dental, disability, life insurance and similar plans, programs, arrangements or practices relating to Current Canadian Employees or Former Canadian Employees, and/or current officers or directors of Marconi Canada maintained, sponsored or funded by Marconi Canada, whether written or oral, funded or unfunded, insured or self-insured, registered or unregistered, other than government-sponsored employment insurance, workers’ compensation, health insurance or pension plans.
Canadian Employee Plans shall have the meaning specified in Section 4.15.
Canadian Employee Plans means all employee benefit, health, welfare, supplemental unemployment benefit, bonus, pension, profit sharing, deferred compensation, stock compensation, stock purchase, retirement, hospitalization insurance, medical, dental, legal, disability, and similar plans or arrangements relating to the employees or former employees of HH Canada other than any plans or benefits under Canadian Employee Benefit Laws.
Examples of Canadian Employee Plans in a sentence
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Neither the Company nor any of the Subsidiaries has any obligation in respect of any Canadian Employee Plans that are multi-employer pension plans or multi-employer benefit plans except contribution obligations as set forth in the materials provided to Acquiror.
From and after the Closing Date, Buyer shall cause the Companies and Subsidiaries to retain sponsorship of each Employee Benefit Plan or Benefit Arrangement (excluding Canadian Employee Plans) maintained by any Company or Subsidiary primarily for the benefit of Employees (excluding Canadian Employees) ("Company-Specific Plans").
Contributions or premiums required to be paid by Seller in respect of the Canadian Employee Plans will be paid by Seller on an accrual basis for the period up to Closing even though not otherwise required to be made until a later date in respect of the period that includes the Closing Date.
All obligations regarding the Canadian Pension Plans and the Canadian Employee Plans (including current service contributions) have been satisfied, there are no outstanding defaults or violations by any party to any Canadian Pension Plan and any Canadian Employee Plan and no taxes, penalties or fees are owing or exigible under any of the Canadian Employee Plans, except, in each case, which would not reasonably be expected to have a Material Adverse Effect.
More Definitions of Canadian Employee Plans
Canadian Employee Plans means all the employee benefit, fringe benefit, supplemental unemployment benefit, bonus, incentive, profit sharing, termination, change of control, pension, retirement, stock option, stock purchase, stock appreciation, health, welfare, medical, dental, disability, life insurance and similar plans, programs, arrangements or practices relating to current or former Canadian employees maintained by the Company and which plan is not subject to ERISA or the Code.
Canadian Employee Plans means all bonus, stock option, stock purchase, incentive, deferred compensation, post-employment or retirement, supplemental retirement, unemployment, severance, vacation, insurance or hospitalization program and any other fringe or employee benefit plans, programs or arrangements maintained, administered or contributed to by the Company or its Canadian Subsidiaries for any current or former employee, director, and any current or former employment or executive compensation or severance agreements, for the benefit of, or relating to, any employee of the Company and its Canadian Subsidiaries employed or previously employed in locations in Canada, but excluding (i) any agreements with former employees under which neither the Company nor any of its Canadian Subsidiaries has any remaining monetary obligations; (ii) any Company Employee Plans; and (iii) any statutory or governmental plan, program or arrangement to which the Company or a Canadian Subsidiary is required by Canadian Law to contribute.
Canadian Employee Plans means all the employee benefit, health, welfare, supplemental unemployment benefit, bonus, pension, profit sharing, retiring allowance, severance, deferred compensation, stock compensation, stock purchase, unit purchase, retirement, life, hospitalization insurance, medical, dental, legal, disability, vacation pay, overtime pay and similar plans or arrangements or practices relating to the employees, former employees consultants, or contractors of the Borrower. “Canadian Pension Plan” means any pension plan required to be registered under the Income Tax Act (Canada) or any Canadian federal or provincial law and or contributed to by a Borrower for its Canadian Employees or former Canadian Employees but does not include the Canada Pension Plan maintained by the Government of Canada. “Defined Benefit Plan” means any Canadian Pension Plan which contains a “defined benefit provision”, as defined in subsection 147.1(a) of the Income Tax Act (Canada). “Person” means natural persons, corporations, limited liability companies, limited partnerships, general partnerships, limited liability partnerships, joint ventures, trusts, land trusts, business trusts, or other organizations, irrespective of whether they are legal entities, and governments and agencies and political subdivisions thereof.
Canadian Employee Plans means, collectively, (i) the Pension Plan for Employees of United Agri Products, a division of ConAgra Limited (the "UAP Plan"); and (ii) the United Agri Products Savings Plan (which, for greater certainty, includes a deferred profit sharing plan and a group registered retirement savings plan). Except as reflected in the Seller Disclosure Schedule:
Canadian Employee Plans shall have the meaning set forth in Section 4.17(b). Canadian Welfare Plan shall mean any medical health hospitalization, dental, insurance or other employee benefit or welfare plan, agreement or arrangement which IC sponsors, maintains or to which it makes, is making or is obligated to make contributions.
Canadian Employee Plans means all Benefit Arrangements and Pension Plans of Metso Canada.
Canadian Employee Plans means all material health, dental or other medical, life, disability or other insurance (whether insured or self-insured) welfare, mortgage insurance, employee loan, employee assistance, supplemental unemployment benefit, bonus, profit sharing, option, incentive, incentive compensation, deferred compensation, share purchase, share compensation, share appreciation, pension, retirement, savings, supplemental retirement, severance or termination pay, and other material plans, policies, agreements or arrangements for the benefit of Canadian Employees, former employees, consultants or former consultants, directors or former directors engaged in the Canadian Business, or their respective dependents or beneficiaries, which are maintained by or binding upon the Corporation or any of its Subsidiaries or in respect of which the Corporation or any of its Subsidiaries has any actual or potential liability, but excluding the Canada Pension Plan, any health or drug plan established and administered by a Province and workers’ compensation insurance provided by federal or provincial Laws or a comparable program established and administered outside Canada.