Examples of Company Welfare Plan in a sentence

No Company Welfare Plan or Company Benefit Agreement that is an employee welfare benefit plan as defined under ERISA Section 3(1) provides benefits to, or on behalf of, any former employee after the termination of employment except (1) where the full cost of such benefit is borne entirely by the former employee (or his eligible dependents or beneficiaries) or (2) where the benefit is required by Section 4980B of the Code.
Each Company Benefit Plan that is an "employee pension benefit plan" (as defined in Section 3(2) of ERISA) is sometimes referred to herein as a "Company Pension Plan" and each Company Benefit Plan that is an "employee welfare benefit plan" (as defined in Section 3(1) of ERISA) is sometimes referred to herein as a "Company Welfare Plan".
Correct and complete copies of each Company Welfare Plan have been delivered to PentaStar by the Shareholders.
Claims for reimbursement from medical and dependent care spending accounts under the CFI Welfare Plan by Company Employees that have not been paid as of the Distribution Date shall be paid by the Company under the Company Welfare Plan.
No Company Welfare Plan which is such a group health plan is a “multiple employer welfare arrangement,” within the meaning of Section 3(40) of ERISA.

More Definitions of Company Welfare Plan

Company Welfare Plan shall have the meaning set forth in Section 2.16(c).

Company Welfare Plan has the meaning provided in Section 2.19(a).

Company Welfare Plan means each Benefit Plan that is an “employee welfare benefit plan” (as defined in section 3(1) of ERISA), whether or not subject to ERISA.

Company Welfare Plan has the meaning specified in Section 7.13(b).

Company Welfare Plan means the benefits provided to eligible employees of the Acquired Companies prior to the Closing Date consisting of: medical, dental and vision programs; life, accidental death, disability and long-term disability insurance programs; and, up to December 31, 1999, the Fremont Executive Medical plan and flexible spending accounts. "Company Welfare Plan" does not include FGC's Executive Disability Plan or, after December 31, 1999, the Fremont Executive Medical plan or flexible spending accounts that had been provided to eligible employees of the Acquired Companies prior to the Closing Date, in each case for which Sellers retain all liability.

Company Welfare Plan means each and every “employee welfare benefit plan” (as defined in Section 3(1) of ERISA) that is maintained, or contributed to, by the Company or any Company Subsidiary for the benefit of any current or former employees, consultants, officers or directors of the Company or any Company Subsidiary or with respect to which the Company or any Company Subsidiary has or may in the future have any liability (contingent or otherwise). Except as identified in the Company Disclosure Letter, there are not any employment, consulting, indemnification, severance or termination agreements between the Company or any Company Subsidiary and any current or former executive officer or director of the Company or any Company Subsidiary as to which the Company or any Company Subsidiary has any current or future obligation or liability, nor does the Company or any Company Subsidiary have any general severance plan under which material benefits are required to be provided.

Company Welfare Plan means any Welfare Plan which the Company maintains or contributes to, as the case may be, and which provides benefits to any employee or former employee of the Company with respect to his or her relationship with the Company. "Interstate Welfare Plan" shall mean any Company Welfare Plan which does not provide benefits to employees or former employees of Seller or any subsidiary of Seller other than the Company. "Scotx Xxxfare Plan" shall mean any Company Welfare Plan other than an Interstate Welfare Plan.