Company Group Plan definition

Company Group Plan means any Benefit Plan sponsored, maintained or contributed to by any of the Company Entities, to which any Company Entity is a party, to which any Company Entity is obligated to contribute, or with respect to which any Company Entity has any liability (including contingent liability).
Company Group Plan means any material Employee Benefit Plan maintained, or contributed to, by any Company Group Member, or any ERISA Affiliate.
Company Group Plan shall have the meaning set forth in Section 4.19(a).

Examples of Company Group Plan in a sentence

  • True and complete copies of each Company Group Plan (or written descriptions of all material terms of any unwritten Company Group Plan) have been made available to the Buyer prior to the date hereof.

  • No member of the Company Group has any express or implied commitment (A) to create, incur liability with respect to or cause to exist any other employee benefit plan, program or arrangement, (B) to enter into any contract to provide compensation or benefits to any individual or (C) to modify, change or terminate any Company Group Plan, other than with respect to a modification, change or termination required by ERISA or the Code.

  • With respect to each U.S. Company Group Plan that is not a Sold Company Benefit Plan, Seller or the Sold Companies have made available to Buyer or its representatives a summary plan description or other summary of the material terms of such plan.

  • Each U.S. Company Group Plan that is a Sold Company Benefit Plan has been operated and administered in all material respects in accordance with the terms of the plan and in compliance in all material respects with the applicable provisions of ERISA, the Code and other applicable Laws.

  • If the absence of the Employee continues beyond (52) weeks, the Sickness and Accident and Long Term Disability coverage will be suspended, but other coverage will be continued under the Company Group Plan at the Employee's expense.

  • No Company Group Plan is or, within the last six (6) years, has been the subject of an examination or audit by a Governmental Authority, is the subject of an application or filing under, or is a participant in, a government-sponsored amnesty, voluntary compliance, self-correction or similar program.

  • All employees that are eligible to participate in each Company Group Plan under the terms of such Company Group Plan and all applicable Legal Requirements have been permitted to participate in such Company Group Plan.

  • All material payments, premiums and/or contributions required to have been made as of the date hereof by the Company Group with respect to all Company Group Plans either have been made or have been accrued in accordance with the terms of the applicable Company Group Plan and applicable Law.

  • Each Company Group Plan, including any associated trust or fund, has been established, maintained, administered and funded in accordance with its terms and any applicable collective bargaining agreements and with all applicable Legal Requirements, in each case, in all material respects, and nothing has occurred with respect to any Company Group Plan that has subjected or could subject any member of the Company Group to any material Liability.

  • Complete and accurate copies of (i) all Company Group Plans which have been reduced to writing, (ii) written summaries of all unwritten Company Group Plans, (iii) all related trust agreements, insurance contracts and summary plan descriptions, and (iv) all annual reports filed on IRS Form 5500, 5500C or 5500R and (for all funded plans) all plan financial statements for the last three plan years for each Company Group Plan, have been delivered to Buying Parties.

Related to Company Group Plan

  • Company Group means the Company and its Subsidiaries.

  • Participating Company Group means, at any point in time, all corporations collectively which are then Participating Companies.

  • Separation Plan means the Company’s Separation Plan Amended and Restated Effective August 13, 2006, as may be amended from time to time or any successor plan, program, arrangement or agreement thereto.

  • Business Benefit Plan means each Benefit Plan that is contributed to, sponsored, maintained or entered into by Seller or a Retained Subsidiary, a Purchased Subsidiary or any Affiliate of any of them for the benefit of any Business Employee.

  • Company Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written or unwritten or otherwise, funded or unfunded, including without limitation, each "employee benefit plan," within the meaning of Section 3(3) of ERISA which is or has been maintained, contributed to, or required to be contributed to, by the Company or any Affiliate for the benefit of any Employee, or with respect to which the Company or any Affiliate has or may have any liability or obligation;

  • Group health benefit plan means any health care plan, subscription contract, evidence of

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • Related Companies means the companies within the meaning of Article L. 225-197-2 of the French Commercial Code or any provision substituted for same.

  • Public employer means the State of Oregon, and the following political subdivisions:

  • Parent Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written or unwritten or otherwise, funded or unfunded, including without limitation, each "EMPLOYEE BENEFIT PLAN," within the meaning of Section 3(3) of ERISA which is maintained, contributed to, or required to be contributed to, by Parent or any Affiliate for the benefit of any Parent Employee;

  • Company Employee means an employee of the Company or an employee of a Subsidiary of the Company, if any.

  • Company Employee Agreement means each management, employment, severance, retention, transaction bonus, change in control, consulting, relocation, repatriation or expatriation agreement or other Contract between: (a) any of the Company Entities or any Company Affiliate; and (b) any Company Associate, other than any such Contract that is terminable “at will” (or following a notice period imposed by applicable Legal Requirements) without any obligation on the part of any Company Entity or any Company Affiliate to make any severance, termination, change in control or similar payment or to provide any benefit.

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

  • Company Employee Plans has the meaning set forth in Section 3.12(a).

  • Health benefit plan means a policy, contract, certificate or agreement offered or issued by a health carrier to provide, deliver, arrange for, pay for or reimburse any of the costs of health care services.

  • Associated Companies : means any agent with delegated authority under Section 20 of these Terms and Conditions.

  • Company Group Member means each member of the Company Group.

  • Company Employee Benefit Plan means each Employee Benefit Plan that is maintained, sponsored or contributed to (or required to be contributed to) by any of the Group Companies or under or with respect to which any of the Group Companies has any Liability.

  • Company Plan means any Benefit Plan: (i) under which any current or former director, officer, employee, consultant or independent contractor of the Company has any present or future right to benefits and that is maintained, sponsored or contributed to by the Company; or (ii) with respect to which the Company has any Liability.

  • Participating Companies means any insurance company (including Insurance Company) that offers variable annuity and/or variable life insurance contracts to the public and that has entered into an agreement with one or more of the Funds.

  • EHC plan means an Education, Health and Care plan made under sections 37(2) of the Children and Families Act 2014.

  • Public school employer means a public employer that is the board of a school district, intermediate school district, or public school academy; is the chief executive officer of a school district in which a school reform board is in place under part 5A of the revised school code, 1976 PA 451, MCL 380.371 to 380.376; or is the governing board of a joint endeavor or consortium consisting of any combination of school districts,

  • Related Company means any entity that is directly or indirectly controlled by, in control of or under common control with the Company.

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

  • Employer Group means the Corporation and any Parent or Subsidiary and any other corporation or business controlled by, controlling or under common control with, the Corporation, as determined in accordance with Sections 414(b) and (c) of the Code and the Treasury Regulations thereunder, except that in applying Sections 1563(1), (2) and (3) of the Code for purposes of determining the controlled group of corporations under Section 414(b), the phrase “at least 50 percent” shall be used instead of “at least 80 percent” each place the latter phrase appears in such sections and in applying Section 1.414(c)-2 of the Treasury Regulations for purposes of determining trades or businesses that are under common control for purposes of Section 414(c), the phrase “at least 50 percent” shall be used instead of “at least 80 percent” each place the latter phrase appears in Section 1.4.14(c)-2 of the Treasury Regulations. Any such determination as to Separation from Service, however, shall be made in accordance with the applicable standards of the Treasury Regulations issued under Section 409A of the Code.