Company Qualified Plan definition

Company Qualified Plan means any Company Employee Plan that is intended to be qualified under Section 401(a) of the Code.

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Company Qualified Plan has the meaning set forth in Section 3.12(d).

Company Qualified Plan shall have the meaning given to that term in Section 3.2(r)(vi).

Examples of Company Qualified Plan in a sentence

No member of the Company Group or any fiduciary of any Company Qualified Plan has done anything that would adversely affect the qualified status of the Company Qualified Plans or the related trusts.
The IRS has issued favorable determination letters to the effect that each Company Qualified Plan qualifies under Section 401(a) of the Code and that any related trust is exempt from taxation under Section 501(a) of the Code, and such determination letters remain in effect and have not been revoked.
Prior to the Closing Date, any Company Qualified Plan which is required to satisfy Internal Revenue Code Sections 401(k)(3) and 401(m)(2) has been, or will be, tested for compliance with, and has satisfied, or will satisfy, the requirements of, such Sections of the Internal Revenue Code for each plan year ending prior to the Closing Date.
With respect to each Company Qualified Plan, the Company has not obtained a waiver of any minimum funding requirements imposed by ERISA or the Code in respect of such Company Qualified Plan, and has not incurred any liability to the Pension Benefit Guaranty Corporation in connection with any such Company Qualified Plan.
No Company Qualified Plan has been amended since the issuance of the most recent determination letter for such Company Qualified Plan.

More Definitions of Company Qualified Plan

Company Qualified Plan has the meaning set forth in Section 5.10(c).

Company Qualified Plan means any Qualified Plan of the Company or any of its Subsidiaries.

Company Qualified Plan shall have the meaning assigned to such term in Section 4.14(f).

Company Qualified Plan is defined in Section 4.18(f).

Company Qualified Plan has the meaning set forth in (S) 3(w)(vii) below.

Company Qualified Plan has the meaning set forth in Section 3.01(n)(iv). “Competing Business” means any Person (including without limitation, any start-up or other institution offering banking products or services) or holding company thereof that engages in any activity in which the Company or any of its Subsidiaries is engaged as of the date of this Agreement within the Covered Area, whether or not such entity has a physical presence in the Covered Area; provided, that, notwithstanding the foregoing, any activities in which Seller or any of its Subsidiaries are engaged in as of the Closing Date, excluding the activities of Company and its Subsidiaries, shall not be considered a Competing Business. “Confidential Supervisory Information” has the meaning set forth in Section 8.13. “Confidentiality Agreement” means the letter agreement between Seller and Purchaser, dated March 18, 2025. “Constituent Documents” means the charter and bylaws of a corporation, the articles of organization or certificate of formation and the limited liability company or operating agreement of a limited liability company, and the comparable constitutional documents of other entities. “Continuing Employee” has the meaning set forth in Section 4.08(a). “Contract” means, with respect to any Person, any written agreement, indenture, debt instrument, instrument, contract, commitment or undertaking of any nature (including leases, subleases, licenses, mortgages, notes, guarantees, sublicenses, subcontracts, letters of intent and purchase orders), to which such Person or any of its Subsidiaries is a party or by which any of them is bound or to which any of their properties or assets is subject. “Controlled Group Liability” has the meaning set forth in Section 3.01(n)(v). “Copyrights” has the meaning set forth in Section 3.01(q)(i). “Corporate Acquisition” means any transaction or series of related transactions for the purpose of or resulting, directly or indirectly, in (a) the acquisition of (i) all or substantially all of the assets of a Person, or (ii) any business or division of a Person, (b) the acquisition of in excess of 50% of the equity interests of another Person, which such equity interest has a majority of the voting power for the election of the members of such entity’s board of directors or persons exercising similar functions (other than equity interest having such power only by reason of the happening of a contingency), or which acquisition gives the acquiring Person the power to direct or cause ...

Company Qualified Plan. Section 3.11(g)