Compensation and Benefit Plans has the meaning set forth in Section 5.03(m)(i).
Compensation and Benefit Plans has the meaning set forth in Section 5.03(m).
Compensation and Benefit Plans means bonus, deferred compensation, pension, retirement, profit-sharing, thrift, savings, employee stock ownership, stock bonus, stock purchase, deferred and restricted stock, stock option, employment, termination, severance, compensation, life insurance, medical, health or other employee plans, agreements, policies or arrangements that cover United States-based Employees and current or former directors of the Company.
Examples of Compensation and Benefit Plans in a sentence
The Compensation and Benefit Plans are listed in Section 5.1(h) of the Company Disclosure Letter and any "change of control" or similar provisions therein are specifically identified in Section 5.1(h) of the Company Disclosure Letter.
The Company shall have no obligation under this Agreement to continue any or all of the Compensation and Benefit Plans that now exist or are hereafter adopted.
It is not in default under or in violation of any of its respective Compensation and Benefit Plans.
There is no material pending or, to the knowledge of United, threatened legal action, suit or claim relating to the United Compensation and Benefit Plans other than routine claims for benefits.
There is no pending or, to the knowledge of the executive officers of the Company, threatened material litigation relating to the Compensation and Benefit Plans.
More Definitions of Compensation and Benefit Plans
Compensation and Benefit Plans has the meaning assigned to such term in Section 4.1(Q)(1).
Compensation and Benefit Plans shall have the meaning set forth in Section 5.03(l).
Compensation and Benefit Plans means, collectively, each written bonus, deferred compensation, pension, retirement, profit-sharing, thrift, savings, employee stock ownership, stock bonus, stock purchase, restricted stock, stock option, employment, termination, severance, compensation, medical, health, or other plan, agreement, policy or arrangement, that covers employees, officers or directors of the Seller or any of its Subsidiaries, or pursuant to which former employees, officers or directors of the Seller or any of its Subsidiaries are entitled to current or future benefits. To the Seller's knowledge, except as set forth in Section 3.11(a) of the Seller Disclosure Schedule, there are no oral Compensation and Benefit Plans to which the Seller or any of its Subsidiaries is a party. The Seller has delivered to the Buyer's counsel true, complete and correct copies of all "employee pension benefit plans" (as defined in Section 3(2) of the Employee Retirement Income Security Act of 1974, as amended ("ERISA")) (sometimes referred to herein as "Pension Plans"), "employee welfare benefit plans" (as defined in Section 3(l) of ERISA) and all other Compensation and Benefit Plans maintained, or contributed to, by the Seller or any of its Subsidiaries or any Person that, together with the Seller and its Subsidiaries, is treated as a single employer under Section 414(b), (c), (m) or (o) of the Code (the Seller, each of its Subsidiaries and each such other Person, a "Commonly Controlled Entity") for the benefit of any current or former employees, officers or directors of the Seller or any of its Subsidiaries. The Seller has also made available to the Buyer's counsel true, complete and correct copies of (i) the three most recent annual reports on Form 5500 filed with the Internal Revenue Service with respect to each Compensation and Benefit Plan (if any such report was required), (ii) the summary plan descriptions for each Compensation and Benefit Plan for which a summary plan description is required, (iii) each trust agreement and group annuity contract related to any Compensation and Benefit Plan, (iv) the three most recent financial statements and actuarial reports for each Compensation and Benefit Plan and (v) the most recent determination letter issued by the Internal revenue Service with respect to each Pension Plan. Neither the Seller nor any other Commonly Controlled Entity maintains or has ever maintained a "defined benefit plan" (as defined in Section 415 of the Code) or a plan that is subj...
Compensation and Benefit Plans shall have the meaning set forth in Section 3.16(a).
Compensation and Benefit Plans has the meaning given to that term in Section 3.12 of this Agreement.
Compensation and Benefit Plans means all employment policies, and all compensation and benefit plans, policies, and programs of the Debtors applicable to their employees, retirees (other than policies, programs and plans with respect to "retiree benefits," as that term is defined in Section 1114(a) of the Bankruptcy Code) and non-employee directors, including, without limitation, all savings plans, retirement plans, health care plans, disability plans, severance benefit plans, incentive plans, and life, accidental death, and dismemberment insurance.
Compensation and Benefit Plans means all material bonus, vacation, deferred compensation, pension, retirement, profit-sharing, thrift, savings, employee unit ownership, unit bonus, unit purchase, restricted unit and unit option plans, all employment or severance contracts, all medical, dental, disability, health and life insurance plans, all other employee benefit and fringe benefit plans, contracts or arrangements and any applicable “change of control” or similar provisions in any plan, contract or arrangement maintained or contributed to for the benefit of officers, former officers, employees, former employees, directors, former directors, or the beneficiaries of any of the foregoing, including all “employee benefit plans” as defined in ERISA Section 3(3).