Company Group Plans definition

Company Group Plans has the meaning set forth in Section 5.18(a).
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Company Group Plans collectively refers to all “employee benefit plans” within the meaning of Section 3(3) of ERISA, whether or not subject to ERISA, and all other bonus, profit sharing, compensation, pension, provident fund or retirement benefit, severance, savings, deferred compensation, fringe benefit, insurance, welfare, post-retirement health or welfare benefit, health, life, stock option, stock purchase, restricted stock, phantom stock, tuition refund, service award, company car, scholarship, relocation, disability, accident, sick pay, sick leave, accrued leave, vacation, holiday, termination, unemployment, individual employment, consulting, executive compensation, incentive, commission, retention, change in control, non-competition, or other benefit plans, agreements, policies, trust funds, or other arrangements (whether written or unwritten, insured or self-insured) established, maintained, sponsored, or contributed to (or with respect to which any obligation to contribute has been undertaken) by any member of the Company Group on behalf of any employee, officer, director, or consultant of any member of the Company Group (whether current, former or retired) or any of their dependents, spouses, or beneficiaries or under which any member of the Company Group has or would reasonably be expected to incur any liability, contingent or otherwise. Schedule 5.18(a) sets forth an accurate and complete list of all material Company Group Plans. 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. With respect to each Company Group Plan, the Seller Representative has also made available to the Buyer, as applicable: (i) a copy of each trust or other funding arrangement, (ii) each summary plan description and summary of material modifications, (iii) the two (2) most recently filed IRS Form 5500s, (iv) the most recently received IRS determination letter for each such Company Group Plan, and (v) the most recently prepared actuarial report and financial statements in connection with each such Company Group Plan. 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 Pla...
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Company Group Plans shall have the meaning set forth in Section 3.12(a).
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Examples of Company Group Plans in a sentence

  • Any new employee hired by Newco on or after the Effective Time but prior to January 1, 1999 shall be eligible to participate in the Acquiror Group Plans and the Acquiror's 401(k) plan, in accordance with the terms of such plans and shall not be eligible to participate in the Company Group Plans or the Company's 401(k) plan.

  • Schedule 5.18(a) sets forth an accurate and complete list of all material Company Group Plans.

  • Company Group Plans that are adopted and administered in accordance with the Laws of the United States shall hereinafter be referred to as “U.S. Company Group Plans” and Company Group Plans which are not U.S. Company Group Plans shall hereinafter be referred to as “International Company Group Plans”.

  • Company Group Plans that are adopted and administered in accordance with the Laws of the United States shall hereinafter be referred to as "U.S. Company Group Plans" and Company Group Plans which are not U.S. Company Group Plans shall hereinafter be referred to as "International Company Group Plans".

  • Seller shall retain the sponsorship of all Company Group Plans other than Seller’s 401(k) Plan, and shall retain all liability and responsibility for the payment of benefits under, and the administration of, such other Company Group Plans, including without limitation the filing of annual reports (Form 5500-series), except as specifically described in Section 10.10.

  • True, correct and complete copies of each of the Company Group Plans and related trust documents and favorable determination letters, to the extent applicable, have been furnished or made available to the Company or its representatives, along with, to the extent applicable, the most recent report filed on Form 5500 and summary plan description with respect to each Company Group Plan required to file a Form 5500.

  • Except with respect to the Company Group Plans, Purchasers shall not assume and AMC shall retain as an Employee Excluded Liability sponsorship, maintenance or administration of any Company Benefit Plan (or other benefit programs, policies and arrangements of AMC and its Affiliates), and Purchasers shall not receive or assume any assets or liabilities in connection with any such plan.

  • 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.


More Definitions of Company Group Plans

Company Group Plans as defined in Section 3.14.
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Company Group Plans means each material “employee benefit plan” (as such term is defined in Section 3(3) of ERISA, whether or not ERISA applies) and each other material employee benefit plan, program or arrangement, including any equity or equity-based, bonus, incentive compensation, retirement, deferred compensation, profit sharing, retention, change in control, severance compensation, salary continuation, sick leave, excess benefit, top hat, fringe benefit, or employment agreement, plan, Contract, program, fund or arrangement of any kind, for, or in respect of, any current or former employee, director or other service provider (or any dependents thereof) of any member of the Company Group, that any member of the Company Group sponsors, maintains or contributes to, or with respect to which any member of the Company Group has, or would reasonably be expected to have, any material liability.
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Related to Company Group Plans

  • 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.

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

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

  • Company Plans has the meaning set forth in Section 4.10(a).

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

  • Benefit Plans shall have the meaning set forth in Section 3.13(a).

  • 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;

  • Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Business Employees has the meaning set forth in Section 4.10(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.

  • Employee Plans has the meaning set forth in Section 3.14(b).

  • 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;

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).

  • Welfare Plans shall have the meaning set forth in Section 3.2.4.

  • Former Employees means Former Parent Group Employees and Former SpinCo Group Employees.

  • 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.

  • Company Employee means an employee of the Company or any of its Subsidiaries.

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

  • Company Employee Agreement means any management, employment, severance, change in control, transaction bonus, consulting, repatriation or expatriation agreement or other contract between any Group Company and any current or former employee, director or officer of such Group Company.

  • 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 the aggregate as are payable thereunder prior to a Change in Control;

  • Compensation Plans shall have the meaning set forth in Section 3.11(b).

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

  • Current Employees has the meaning set forth in Section 5.6(a).

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