Covered Benefit Plan definition

Covered Benefit Plan means any (i) “employee benefit plan” (as defined in Section 3(3) of ERISA), (ii) “plan” as defined in Section 4975 of the Code or (iii) 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”.
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Covered Benefit Plan means any medical, dental, group term life, short term disability and long term disability plan sponsored by the Company for the benefit of its employees.
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Covered Benefit Plan shall have the meaning specified in Section 6.8(d).
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Examples of Covered Benefit Plan in a sentence

  • The Company will continue your coverage under each Covered Benefit Plan in which you are a participant on the date of your termination, or substantially similar coverage if the identical coverage is not available, as set forth in this Section 2(b).

  • To the extent that you incur a tax liability (including federal, state and local taxes) in connection with a benefit provided under this Section 2(b) which you would not have incurred had you been an active employee of the Company participating in a Covered Benefit Plan, the Company will pay you an amount equal to this tax liability within ten days after you provide a written request for such reimbursement to the Company that states the basis for and amount of the liability.

  • In the case of benefits provided under COBRA, the Company will make such payments directly to the applicable Covered Benefit Plan administrator as and when due.

  • Such 18 months of coverage, or payments in lieu of coverage, under any Covered Benefit Plan that is or is part of a group health plan will terminate, before the end of the 18-month period, on the date you become covered under any other group health plan not maintained by the Company which provides equal or greater benefits than such plan and which does not exclude any pre-existing condition that you or your dependents may have at that time.

  • Such 24 months of coverage, or payments in lieu of coverage, under any Covered Benefit Plan that is or is part of a group health plan will terminate, before the end of the 24-month period, on the date you become covered under any other group health plan not maintained by the Company which provides equal or greater benefits than such plan and which does not exclude any pre-existing condition that you or your dependents may have at that time.


More Definitions of Covered Benefit Plan

Covered Benefit Plan means any contract issued by a provider underwriting a Benefit under this plan or any other plan maintained by the Plan Sponsor eligible to be included under this plan.
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Covered Benefit Plan shall have the meaning given in Section 3.16(b).
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Covered Benefit Plan means any medical, dental, group term life, accidental death and dismemberment, optional group term life, short term disability and long term disability plan sponsored by the Company for the benefit of its employees.
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Related to Covered Benefit Plan

  • 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.

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

  • Covered benefits or “benefits” means those health care services to which a covered person is entitled under the terms of a health benefit plan.

  • 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”.

  • 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;