Employee Benefit definition

Employee Benefit. Plan shall mean any deferred compensation, pension, profit sharing, stock option, stock purchase, savings, group insurance or retirement plan, and all vacation pay, severance pay, incentive compensation, consulting, bonus and other employee benefit or fringe benefit plans or arrangements maintained by the Company or any ERISA Affiliate (including, without limitation, health insurance, life insurance and other benefit plans maintained for retirees) within the previous six plan years or with respect to which contributions are or were (within such six year period) made or required to be made by the Company or any ERISA Affiliate or with respect to which the Company has any liability.
Employee Benefit means one or more benefits or services provided to:

Examples of Employee Benefit in a sentence

  • Employee benefit costs, including, but not limited to, medical, dental, vision, life, disability, and long-term care benefits.

  • Employee benefit accounts for which the institution serves as a directed trustee should be reported as non-managed.

  • Employee benefit on costs, including payroll tax, are recognised and included in employee benefits liabilities and costs when the employee benefits to which they relate are recognised as liabilities.

  • Employee benefit accounts that are solely custody and safekeeping accounts should be reported in Schedule RC-T, item 11.

  • Employee benefit on-costs, including payroll tax, are recognised and included in employee benefit liabilities and costs when the employee benefits to which they relate are recognised as liabilities.


More Definitions of Employee Benefit

Employee Benefit. Arrangement shall mean each employee benefit (including, but not limited to, fringe benefits as defined in Section 132 of the Code, and whether or not in writing) that is not salary, a Plan, or an employment or severance agreement.
Employee Benefit means the benefit made available to you by your Employer pursuant to an Employer Contract, whereby, in each pay period, you are able to access, via the Hastee App, a portion of your earned income prior to the day on which you would normally be paid.
Employee Benefit. PLAN shall mean any plan, agreement, arrangement or commitment which is an employee benefit plan, as defined in section 3(3) of ERISA, maintained by the Borrower or any ERISA Affiliate with respect to which the Borrower or any ERISA Affiliate at any relevant time has any liability or obligation to contribute. EQUIPMENT shall mean all present and hereafter acquired machinery, equipment, furnishings and fixtures owned by the Borrower, and all additions, substitutions and replacements thereof, wherever located, together with all attachments, components, parts, equipment and accessories installed thereon or affixed thereto and all proceeds of whatever sort. ERISA shall mean the Employee Retirement Income Security Act of 1974, as amended from time to time and the rules and regulations promulgated thereunder from time to time. ERISA AFFILIATE shall mean, with respect to the Borrower, any entity required to be aggregated with the Borrower under Section 414(b), (c), (m) or (o) of the Code. EVENT(S) OF DEFAULT shall have the meaning provided for in Section 11 of this Financing Agreement.
Employee Benefit. Plan"--as defined in Section 3.13.
Employee Benefit plan” as defined in Section 3(3) of ERISA or trust, whether or not it is subject to the provisions of Title I of ERISA (including governmental, church and foreign plans), (2) any other plan, account or arrangement (e.g., an individual retirement account (often referred to as an XXX)) subject to Section 4975 of the IRS Code, or (3) entity, any assets of which are deemed to constitute (directly or indirectly) the assets of one or more plans by reason of the direct or indirect investment by such plans in the entity under Section 3(42) of ERISA and regulations promulgated thereunder or otherwise.
Employee Benefit means all the employee benefits, fringe benefits, supplemental unemployment benefits, bonus, incentives, profit sharing, termination, change of control, pension, retirement, stock option, stock purchase, stock appreciation, health, welfare. Medical, entail disability, life insurance and similar plans, programmes, arrangements or practices relating to the current or former directors, officers or employees of 132 maintained, sponsored or funded by 132, whether written or oral, funded or unfunded, insured or self insured, registered or unregistered;
Employee Benefit plans whose assets in such separate account or accounts or pension trusts exceed 10% of the total assets or are expected to exceed 10% of the total assets of such account or accounts or trusts as of the date of such purchase and the Company has advised you in writing (and in making the representations set forth in this clause (3) you are relying on such advice) that the Company is not a party-in-interest nor are the Notes employer securities with respect to the particular employee benefit plan disclosed to the Company by you as aforesaid (for the purpose of this clause (3), all employee benefit plans maintained by the same employer or employee organization are deemed to be a single plan). As used in this Section 3.2(b), the terms "separate account", "party-in- interest", "employer securities" and "employee benefit plan" shall have the respective meanings assigned to them in ERISA.