DBI Benefit Plans definition
DBI Benefit Plans means all benefit and compensation plans, contracts, policies or arrangements (i) covering current or former employees or independent contractors of DBI, any of its Subsidiaries or any of DBI’s related organizations described in Code Sections 414(b), (c) or (m), or any entity which is considered one employer with DBI, any of its Subsidiaries or Controlled Group Members under Section 4001 of ERISA or Section 414 of the Code (“ERISA Affiliates”) (such current employees collectively, the “DBI Employees”), (ii) covering current or former directors of DBI, any of its Subsidiaries, or ERISA Affiliates, or (iii) with respect to which DBI or any of its Subsidiaries has or may have any liability or contingent liability (including liability arising from ERISA Affiliates) including, but not limited to, “employee benefit plans” within the meaning of Section 3(3) of ERISA, health/welfare, employment, severance, change-of-control, fringe benefit, deferred compensation, defined benefit plan, defined contribution plan, stock option, stock purchase, stock appreciation rights, stock based, incentive, bonus plans, retirement plans and other policies, plans or arrangements whether or not subject to ERISA.
DBI Benefit Plans has the meaning set forth in Section 3.15(a).
Examples of DBI Benefit Plans in a sentence
Since January 1, 2020, DBI has not implemented, in response to COVID-19, any material workforce reductions, terminations, furloughs, reductions in or changes to compensation, benefits or working schedules, or changes to any DBI Benefit Plans.