Company Benefit definition

Company Benefit means the benefit contributed to the Personal Retirement Annuity on behalf of the Participant pursuant to Sections 4.2 and 4.3.
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Company Benefit means the benefit payable to the Personal Retirement Annuity on behalf of the Participant pursuant to Section 4.2.
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Company Benefit. Plan: each Employee Benefit Plan currently sponsored, maintained, or contributed to by the Company (including by way of intracompany transfers to an ERISA Affiliate), or for which the Company has any liability or contingent liability. Confidentiality Agreement: the Confidentiality Agreement, dated August 9, 2004, by and between the Seller and the Buyer.
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Examples of Company Benefit in a sentence

  • No Company Benefit Plan is a voluntary employee benefit association under Section 501(a)(9) of the Code.

  • With respect to each Company Benefit Plan, there are no funded benefit obligations for which contributions have not been made or properly accrued and there are no unfunded benefit obligations that have not been accounted for by reserves, or otherwise properly footnoted in accordance with GAAP on the Company Financials.

  • No Target Company has incurred any obligation in connection with the termination of, or withdrawal from, any Company Benefit Plan.

  • No Company Benefit Plan will become a multiple employer plan with respect to any Target Company immediately after the Closing Date.

  • Each Company Benefit Plan has been administered in all material respects in accordance with its terms.

  • No fact exists which could adversely affect the qualified status of such Company Benefit Plans or the exempt status of such trusts.

  • No Company Benefit Plan provides for the gross-up or reimbursement of Taxes under Section 4999 or 409A of the Code, or otherwise.

  • Nothing in this Agreement shall be deemed to (i) establish, amend, or modify any Company Benefit Plan, New Plan or any other benefit or employment plan, program, agreement or arrangement, or (ii) alter or limit the ability of the Surviving Corporation or any of its Subsidiaries or affiliates to amend, modify or terminate any particular Company Benefit Plan, New Plan or any other benefit or employment plan, program, agreement or arrangement after the Effective Time.

  • Each Company Benefit Plan intended to be qualified under Section 401(a) of the Code has either received a favorable determination letter from the IRS or may rely on a favorable opinion letter issued by the IRS, and, to the Knowledge of the Company, nothing has occurred since the date of such determination or opinion letter that would reasonably be expected to adversely affect such qualification.

  • No trust funding any Company Benefit Plan is intended to meet the requirements of Section 501(c)(9) of the Code.

Related to Company Benefit

  • Company Benefit Plan has the meaning specified in Section 4.13(a).

  • Company Benefit Plans has the meaning set forth in Section 3.16(a).

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in value in the aggregate as are payable thereunder prior to a Change in Control.

  • Fringe benefit means health insurance, a retirement benefit received under a pension plan or defined contribution plan, a paid vacation day, a paid holiday, sick leave, or any other similar employee benefit provided by an employer.

  • Monthly Benefit means the monthly amount payable by Lincoln to you if you are Disabled or Partially Disabled.