Employee Arrangement definition

Employee Arrangement means any Benefit Arrangement or Employee Plan.
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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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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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Examples of Employee Arrangement in a sentence

  • For the avoidance of doubt, if a Benefit Plan or an Employee Arrangement is assumed, and such Benefit Plan or Employment Arrangement provides for an award or potential award of Existing Holdings Equity, such Benefit Plan or Employment Arrangement shall be assumed in all respects other than the provisions of such agreement relating to such award.

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

  • Any Parent Interests granted prior to the Effective Date to a current or former employee, officer, director or contractor under an Employee Arrangement or otherwise shall be deemed cancelled on the Effective Date.

  • Any Other Interests granted prior to the Effective Date to a current or former employee, officer, director or contractor under an Employee Arrangement or otherwise shall be deemed cancelled on the Effective Date.

  • Typically, Chiefs of Optometry Services, Sections, or Departments, or Chiefs of Ophthalmology determine for their respective disciplines, an appropriate schedule according to local personnel policies.

  • Notwithstanding the foregoing, if an Employee Arrangement (other than key employee retention agreements) 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 Employee Arrangement 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 Employee Arrangement.

  • For the avoidance of doubt, if an Employee Arrangement provides in part for an award or potential award of Interests or consideration based on the value of Interests that have not vested into Existing Equity Interests as of the Commencement Date, such Employee Arrangement shall be assumed in all respects other than the provisions of such agreement relating to Interest awards.

  • Any Interests granted prior to the Effective Date to a current or former employee, officer, director or contractor under an Employee Arrangement or otherwise shall be deemed cancelled on the Effective Date.

  • For the avoidance of doubt, if a Benefit Plan or an Employee Arrangement is assumed, and such Benefit Plan or Employment Arrangement provides for an award or potential award of Existing Holdings Equity, such Benefit Plan or Employment Arrangement shall be assumed in all respects other than the provisions of such agreement relating to such award.DD.

  • If an Employee Arrangement provides in part for an award or potential award of Interests or consideration based on the value of Interests that have not vested into Existing Equity Interests as of the Petition Date, such Employee Arrangement shall be assumed in all respects other than the provisions of such agreement relating to Interest awards.


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
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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 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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Related to Employee Arrangement

  • Company Employee Agreement means any management, employment, severance, change in control, transaction bonus, consulting, repatriation or expatriation agreement or other contract between any Group Company and any current or former employee, director or officer of such Group Company.

  • 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 shall refer to each management, employment, severance, consulting, relocation, repatriation, expatriation, visa, work permit or similar agreement or contract between the Company or any Affiliate and any Employee or consultant;

  • 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 any employee benefit arrangement mandated by non-US law that is maintained or contributed to by any Group Member or any ERISA Affiliate.

  • 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 any current or former employee, independent contractor or director of the Company or any Company Affiliate.

  • 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 shall have the meaning provided in Section 5.05.

  • Management Employee means an employee in a position having significant responsibilities for formulating district policies or administering district programs. Management positions shall be designated by the public school employer subject to review by the Public Employment Relations Board.

  • 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).