Employee Arrangement definition

Employee Arrangement means any Benefit Arrangement or Employee Plan.
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Employee Arrangement. “ means any arrangement, policy, practice, contract or agreement that is not an Employee Benefit Plan that provides fringe benefits, supplemental unemployment, bonus, incentive, profit-sharing, termination pay, severance, stock option, stock purchase, phantom stock, stock appreciation rights, deferred compensation, workers’ compensation, retirement, life, health, welfare, leave, vacation, disability, death or similar employee benefits.
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Employee Arrangement means any arrangement, policy, practice, contract or agreement that is not an Employee Benefit Plan that provides fringe benefits, supplemental unemployment, bonus, incentive, profit-sharing, termination pay, severance, stock option, stock purchase, phantom stock, stock
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Examples of Employee Arrangement in a sentence

  • No Benefit Plan or Employee Arrangement in effect immediately prior to the Closing Date would result, individually or in the aggregate (including as a result of this Agreement, any of the Transaction Documents or any of the Contemplated Transactions), in the payment of any “excess parachute payment” within the meaning of Section 280G of the Code.

  • Furthermore, the provisions with respect to indemnification provided for under any Benefit Plan or Employee Arrangement shall not be amended for a period of six years following the Effective Time if such amendment would adversely affect the rights thereunder of individuals who at any time prior to the Effective Time were directors, officers, employees or agents of the Company in respect of actions or omissions occurring at or prior to the Effective Time.

  • In particular, no individual who has performed services for the Representing Party has been improperly excluded from participation in any Benefit Plan or Employee Arrangement.

  • In particular, no individual who has performed services for the Company or any of its subsidiaries has been improperly excluded from participation in any Benefit Plan or Employee Arrangement.

  • Parent and the Surviving Corporation will give Continuing U.S. Employees full credit for purposes of eligibility and vesting under applicable Parent benefit plans and employee arrangements to the extent each such Continuing U.S. Employee has been credited with service with the Company or any of its subsidiaries under each comparable Benefit Plan or Employee Arrangement maintained by the Company immediately prior to the Effective Time.

  • For the avoidance of doubt, if an Employee Arrangement is assumed and such Employee Arrangement provides in part for an award or potential award of DNI Interests, such Employee Arrangement shall be assumed in all respects other than the provisions of such agreement relating to DNI Interest awards.

  • There are no pending or, to the knowledge of the Company, threatened actions, suits, proceedings, or claims against or relating to any Benefit Plan or Employee Arrangement other than routine benefit claims by persons entitled to benefits thereunder.

  • Notwithstanding the foregoing, if an Employee Arrangement provides in part for a payment, premium, or other award upon the occurrence of a “change of control,” “change in control,” or other similar event, then such compensation or benefit plan shall only be assumed to the extent that the Restructuring, including consummation of the Plan, shall not be treated as a change of control, change in control, or other similar event under such compensation or benefit plan.

  • Except as specifically provided in the foregoing documents made available to Parent, no amendments to any such Employee Arrangement have been adopted or approved nor has Elf or any of its ERISA Affiliates undertaken to make any such amendments or to adopt or approve any new material Employee Arrangement.

  • The Key Employee Arrangements shall be in full force and effect (and no individual party to any such Key Employee Arrangement shall have notified the Purchasers of any intention to terminate such Key Employee Arrangements).


More Definitions of Employee Arrangement

Employee Arrangement means any arrangement, policy, practice, contract or agreement that is not an Employee Benefit Plan that provides fringe benefits, supplemental unemployment, bonus, incentive, profit-sharing, termination pay, severance, stock option, stock purchase, phantom stock, stock appreciation rights, deferred compensation, workers’ compensation, retirement, life, health, welfare, leave, vacation, disability, death or similar employee benefits.
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Employee Arrangement shall have the meaning set forth in Section 6.7(b).
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Employee Arrangement means any and all Contracts to which Seller is a party or as to which it participates relating to or affecting its employees, officers, directors, agents or representatives, or as to which they are beneficiaries, including, without limitation, (a) any "employee welfare benefit plan," "employee pension benefit plan" or "multi-employer plan" as those terms are respectively defined in sections 3(1), 3(2) and 3(37) of ERISA or any other plan or arrangement subject to ERISA (referred to collectively hereinafter as "ERISA Plans"), and (b) any retirement or deferred compensation plan, incentive compensation plan, profit sharing, pension, performance unit, stock appreciation right, employee benefit agreements, stock and stock option plans, unemployment compensation plan, vacation pay, severance pay, bonus or benefit arrangement, insurance, medical (both insured and uninsured, including, without limitation, retiree medical programs) or hospitalization program or any other trusts, plans or funds, fringe benefit arrangements for the benefit or welfare of any current or former employee, director, consultant or agent, which does not constitute an ERISA Plan.
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Related to Employee Arrangement

  • Company Employee Agreement means each management, employment, severance, retention, transaction bonus, change in control, consulting, relocation, repatriation or expatriation agreement or other Contract between: (a) any of the Company Entities or any Company Affiliate; and (b) any Company Associate, other than any such Contract that is terminable “at will” (or following a notice period imposed by applicable Legal Requirements) without any obligation on the part of any Company Entity or any Company Affiliate to make any severance, termination, change in control or similar payment or to provide any benefit.

  • Benefit Arrangement means at any time an employee benefit plan within the meaning of Section 3(3) of ERISA which is not a Plan or a Multiemployer Plan and which is maintained or otherwise contributed to by any member of the ERISA Group.

  • Employee Agreement means each management, employment, severance, consulting, relocation, repatriation, expatriation, visas, work permit or other agreement, contract or understanding between the Company or any Affiliate and any Employee;

  • Multiple employer welfare arrangement means a multiple employer welfare arrangement

  • Compensation Arrangement means any direct or indirect compensatory payment or other financial agreement, arrangement or understanding with any person or entity other than the Corporation, including any agreement, arrangement or understanding with respect to any direct or indirect compensation, reimbursement or indemnification in connection with candidacy, nomination, service or action as a nominee or as a director of the Corporation;

  • Benefit Arrangements has the meaning set forth in Section 4.20(b).

  • Share Compensation Arrangement means any stock option, stock option plan, employee stock purchase plan or any other compensation or incentive mechanism involving the issuance or potential issuance of Shares, including a share purchase from treasury which is financially assisted by the Corporation by way of a loan, guarantee or otherwise;

  • Foreign Benefit Arrangement means any employee benefit arrangement mandated by non-U.S. law that is maintained or contributed to by any Credit Party or any of its Subsidiaries.

  • Severance means the complete separation and dismemberment of the part from the body.

  • Severance Plan means any severance plan maintained by the Company that is applicable to the Participant.

  • 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;

  • Prior Employment Agreement has the meaning set forth in the recitals hereto.

  • Company Employee means an employee of the Company or an employee of a Subsidiary of the Company, if any.

  • Separation Plan means the Company’s Separation Plan Amended and Restated Effective August 13, 2006, as may be amended from time to time or any successor plan, program, arrangement or agreement thereto.

  • Health benefits plan means a benefits plan which pays or

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

  • Non-Exempt Severance Arrangement means a severance arrangement or other agreement between the Participant and the Company that provides for acceleration of vesting of an Award and issuance of the shares in respect of such Award upon the Participant’s termination of employment or separation from service (as such term is defined in Section 409A(a)(2)(A)(i) of the Code (and without regard to any alternative definition thereunder) (“Separation from Service”) and such severance benefit does not satisfy the requirements for an exemption from application of Section 409A provided under Treasury Regulations Section 1.409A-1(b)(4), 1.409A-1(b)(9) or otherwise.

  • Employment Agreements has the meaning set forth in Section 7.05.

  • Management Employee means an employee having responsibility for formulating, administering or managing the implementation of District policies and programs.

  • Health and Welfare Benefits means any form of insurance or similar benefit programs, which may include but not be limited to, medical, hospitalization, surgical, prescription drug, dental, optical, psychiatric, life, or long-term disability.

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

  • Deferred Compensation Agreement means an agreement to participate and to defer compensation between a Participant and the Company in such form and consistent with terms of the Plan as the Company may prescribe from time to time.

  • self-employment route means assistance in pursuing self-employed earner’s employment whilst participating in—

  • Company Benefit Plans has the meaning set forth in Section 3.16(a).

  • CIC means the Construction Industry Council.

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