CBS Employee definition
Examples of CBS Employee in a sentence
All contributions required under applicable law or the terms of the CBS Employee Benefit Plans have been made within the time prescribed.
SFX shall have no obligations or liabilities under such CBS Employee Benefit Plans on or after the Closing Date and any benefits due to any employee of the CBS Stations under such CBS Employee Benefit Plans shall be the sole responsibility of CBS.
Schedule 7.15 contains a true and complete list of each written and unwritten pension, retirement, profit-sharing, deferred compensation bonus, incentive, performance, stock option, medical, hospitalization, vision, dental or other health, life, disability, severance, termination or other employee benefit plan, program, arrangement, agreement, policy or understanding applicable to the employees of the CBS Stations (each, a "CBS Employee Benefit Plan").
Each CBS Employee Benefit Plan complies in all material respects, and has been operated and administered in all material respects in accordance with, all applicable requirements of all laws and regulations of any public body or authority, including COBRA and the regulations thereunder, and no "reportable event", "prohibited transaction" (as such terms are defined in ERISA and the Code, as applicable) or termination has occurred with respect to any CBS Employee Benefit Plan.
Westwood acknowledges and agrees that in the event that a CBS Employee is required to routinely spend time providing distribution services for Westwood Programming (as opposed to CBS Programming) such work shall not conflict with Westwood’s obligation to distribute the CBS Programming consistent with Prevailing Industry Standards.
Schedule 7.15 CBS Employee Benefit Plans Schedule 7.16 CBS Litigation Schedule 7.17 CBS Compliance with Laws Schedule 7.19 CBS Insurance Policies Schedule 7.20 CBS Other Liabilities Schedule 7.21 CBS Material Adverse Change Schedule 11.5 SFX Legal Opinion Schedule 12.5 CBS Legal Opinion ASSET EXCHANGE AGREEMENT THIS ASSET EXCHANGE AGREEMENT (the "Agreement") is made and entered into as of this 25th day of September, 1996, by and among WHFS, INC.
Seller shall treat Business Employees as having terminated employment with Seller for purposes the CBS Employee Investment Fund and any other defined contribution plan in which Business Employees participate prior to the Closing Date (the "EIF").
Effective as of no later than the Distribution Date, and except as otherwise agreed by the Parties, the applicable members of the CBS Group and Radio Group shall have taken such actions as are necessary to ensure that each Radio Employee is employed by a member of the Radio Group as of such date and each CBS Employee is employed by a member of the CBS Group as of such date.
Seller shall treat Business Employees as having terminated employment with Seller for purposes of the CBS Employee Investment Fund and any other defined contribution plan in which Business Employees participate prior to the Closing Date (the "EIF").
Schedule 7.15 CBS Employee Benefit Plans Schedule 7.16 CBS Litigation Schedule 7.17 CBS Compliance with Laws Schedule 7.19 CBS Insurance Policies Schedule 7.20 CBS Other Liabilities Schedule 7.21 CBS Material Adverse Change Schedule 11.5 SFX Legal Opinion Schedule 12.5 CBS Legal Opinion ASSET EXCHANGE AGREEMENT ------------------------ THIS ASSET EXCHANGE AGREEMENT (the "Agreement") is made and entered into as of this 25th day of September, 1996, by and among WHFS, INC.