Examples of Company Plan in a sentence
No Company Plan has been the subject of an application or filing under, or is a participant in, an amnesty, voluntary compliance, self-correction or similar program sponsored by any Governmental Entity within the last six (6) years.
There are no audits, inquiries or proceedings pending or, to the knowledge of the Company, threatened by the IRS or any other Governmental Entity with respect to any Company Plan.
All contributions, distributions, reimbursements and premium payments required under the terms of any Company Plan or applicable Law have been timely made for all periods ending prior to the Closing Date, or if not yet, due, properly accrued in accordance with the Accounting Principles.
There have been no non-exempt “prohibited transactions” (as defined in Section 4975 of the Code or Section 406 of ERISA) or any breaches of fiduciary duty (as determined under ERISA) with respect to any Company Plan.
Nothing contained herein shall be construed as requiring or would have the effect of requiring, Parent, the Surviving Corporation or any of their respective Subsidiaries to continue any specific Company Plan, Parent Benefit Plan or any other benefit or compensation plan, policy, program, agreement or arrangement.