Conveyed Company Benefit Plan definition

Conveyed Company Benefit Plan means each Business Benefit Plan that is sponsored or maintained by a Conveyed Company and that will transfer with the Conveyed Company by operation of Law.
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Conveyed Company Benefit Plan means each Business Benefit Plan that is sponsored, maintained or entered into by a ConveyedCompany.
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Examples of Conveyed Company Benefit Plan in a sentence

  • Except as would not reasonably be expected to, individually or in the aggregate, be material or result in material Liability, each Business Benefit Plan (including each Assumed Plan and Conveyed Company Benefit Plan) has been operated and administered in accordance with its terms and applicable Law, including, if applicable, ERISA and the Code.

  • As of the date hereof, Seller has made available to Purchaser in respect of each Conveyed Company Benefit Plan and each material Business Benefit Plan, either the current plan document or a summary of such plan’s material terms that is accurate in all material respects.

  • No Assumed Plan or Conveyed Company Benefit Plan which is subject to Title IV of ERISA (x) is, or within the five (5) year period preceding the date of this Agreement, was, a “multiemployer pension plan,” as defined in Section 3(37) of ERISA or (y) a plan described in Section 4063(a) of ERISA.

  • Each Conveyed Company Benefit Plan is either marked with an asterisk on Schedule 3.14(a)(i) of the Seller Disclosure Letter or separately listed on Schedule 3.14(a)(ii) of the Seller Disclosure Letter.

  • Except as would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect, each Assumed Plan and Conveyed Company Benefit Plan has been administered in accordance with its terms and ERISA, the Code and other applicable Law.

Related to Conveyed Company Benefit Plan

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

  • Company Benefit Plans has the meaning set forth in Section 3.16(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;

  • Seller Employee Plan means any plan, program, policy, practice, Contract 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, unwritten or otherwise, funded or unfunded, including each “employee benefit plan,” within the meaning of Section 3(3) of ERISA (whether or not ERISA is applicable to such plan), that is or has been maintained, contributed to, or required to be contributed to, by the Seller or any Seller Affiliate for the benefit of any Seller Employee, or with respect to which the Seller or any Seller Affiliate has or may have any liability or obligation, except such definition shall not include any Seller Employee Agreement.

  • Company Employee Benefit Plan means each Employee Benefit Plan that is maintained, sponsored or contributed to (or required to be contributed to) by any of the Group Companies or under or with respect to which any of the Group Companies has any Liability.

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

  • Seller Benefit Plan means each Employee Benefit Plan sponsored, maintained or contributed to by a Seller or any of its Affiliates or with respect to which a Seller or any of its Affiliates has, or could reasonably be expected to have, any direct or indirect Liability.

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

  • Welfare Benefit Plan means each welfare benefit plan maintained or contributed to by the Company, including, but not limited to a plan that provides health (including medical and dental), life, accident or disability benefits or insurance, or similar coverage, in which Executive was participating at the time of the Change in Control.

  • 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;

  • Benefit Plan means any of (a) an “employee benefit plan” (as defined in ERISA) that is subject to Title I of ERISA, (b) a “plan” as defined in and subject to Section 4975 of the Code or (c) any Person whose assets include (for purposes of ERISA Section 3(42) or otherwise for purposes of Title I of ERISA or Section 4975 of the Code) the assets of any such “employee benefit plan” or “plan”.

  • Buyer Benefit Plans has the meaning set forth in Section 6.10(f).

  • Purchaser Benefit Plans has the meaning set forth in Section 8.7(d).

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

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

  • Seller 401(k) Plan has the meaning set forth in Section 5.5(e).

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

  • Health benefit plan means a policy, contract, certificate or agreement offered or issued by a health carrier to provide, deliver, arrange for, pay for or reimburse any of the costs of health care services.

  • Parent Benefit Plan means any Employee Benefit Plan maintained by, sponsored by or contributed to by, or obligated to be contributed to by any Parent Group Entity.

  • Qualified Benefit Plan has the meaning set forth in Section 3.20(c).

  • Employee Benefit Plans shall have the meaning set forth in Section 3.20(a).

  • Employee Welfare Benefit Plan has the meaning set forth in ERISA Section 3(1).

  • Defined Benefit Plan means each Benefit Plan which is subject to Part 3 of Title I of ERISA, Section 412 of the Code or Title IV of ERISA.

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

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

  • Company Plan means all Plans of which the Company or an ERISA Affiliate of the Company is or was a Plan Sponsor, or to which the Company or an ERISA Affiliate of the Company otherwise contributes or has contributed, or in which the Company or an ERISA Affiliate of the Company otherwise participates or has participated. All references to Plans are to Company Plans unless the context requires otherwise.