Company 401(k) Plan definition

Company 401(k) Plan has the meaning set forth in Section 6.4(e).

Company 401(k) Plan has the meaning set forth in Section 8.5(j).

Company 401(k) Plan is defined in Section 6.15.

Examples of Company 401(k) Plan in a sentence

• The Company shall deliver to the Buyer, prior to the Closing Date, evidence that the Company’s board of directors has validly adopted resolutions to terminate the Company 401(k) Plan (the form and substance of which resolutions shall be subject to prior review and comment of the Buyer, which such comments shall be reasonably considered by the Company), effective no later than the day immediately preceding the Closing Date, subject to and in accordance with the provisions of such plan and applicable Law.

• Parent shall receive from the Company, prior to the Closing, evidence that the Company Board or its applicable Affiliate has adopted resolutions to terminate the Company 401(k) Plan (the form and substance of which resolutions shall be subject to review and approval of Parent (such approval not to be unreasonably withheld, conditioned or delayed)), effective no later than the date immediately preceding the Closing Date.

• Further, Buyer shall be responsible for the payment of a contribution to the Company 401(k) Plan in an amount equal to any employer matching contributions which would have been made to participant accounts in the Company 401(k) Plan from the Closing Date to February 1, 2025, and such employer contribution shall not be deducted from the Purchase Price.

• The Company shall take (or cause to be taken) such other actions in furtherance of terminating the Company 401(k) Plan as Parent may reasonably request.

• Prior to the Closing, the Company shall take (or cause to be taken) all actions necessary or appropriate to terminate, effective no later than the day immediately preceding the Closing Date, the Company 401(k) Plan.

More Definitions of Company 401(k) Plan

Company 401(k) Plan means the Company’s Section 401(k) Savings/Retirement Plan.

Company 401(k) Plan is defined in Section 6.4 of this Agreement.

Company 401(k) Plan means the Xxxxxxxxxxxx.xxx, Inc. 401(k) Profits Sharing Plan.

Company 401(k) Plan means a defined contribution plan that is sponsored by the Company or one of its ERISA Affiliates that is qualified under Section 401(a) of the Code and that includes a qualified cash or deferred arrangement within the meaning of Section 401(k) of the Code.

Company 401(k) Plan means the Savings Institute Bank and Trust Company Profit Sharing and 401(k) Savings Plan.

Company 401(k) Plan means the GulfMark Offshore, Inc. 401(k) Plan or any successor plan established by the Company.

Company 401(k) Plan has the meaning set forth in Section 5.11(f) of this Agreement.