Employee Retirement Income Security Act definition

Employee Retirement Income Security Act means the Employee Retirement Income Security Act of 1974, United States Code, title 29, sections 1001, et seq.

Employee Retirement Income Security Act means the Employee Retirement Income

Employee Retirement Income Security Act or "ERISA" means the federal statute 29 USC Chapter 18. "Fully Insured" means any association or MEWA health benefit plan coverage provided by a foreign or domestic insurer licensed to do business in Delaware under the provisions of 18 Del.C. Ch. 5 and in

Examples of Employee Retirement Income Security Act in a sentence

• The Buyer is an employee benefit plan within the meaning of Title I of the Employee Retirement Income Security Act of 1974.

• The Company and any “employee benefit plan” (as defined under the Employee Retirement Income Security Act of 1974, as amended, and the regulations and published interpretations thereunder (collectively, “ERISA”)) established or maintained by the Company or its “ERISA Affiliates” (as defined below) are in compliance in all material respects with ERISA.

• The Transferee is an employee benefit plan within the meaning of Title I of the Employee Retirement Income Security Act of 1974.

• The Company and its subsidiaries and any “employee benefit plan” (as defined under the Employee Retirement Income Security Act of 1974, as amended, and the regulations and published interpretations thereunder (collectively, “ERISA”)) established or maintained by the Company, its subsidiaries or their “ERISA Affiliates” (as defined below) are in compliance in all material respects with ERISA.

• The Plan is not intended to be subject to the Employee Retirement Income Security Act of 1974, as amended.

• The Plan is not a “Retirement Plan” or “Welfare Plan” under the Employee Retirement Income Security Act of 1974, as amended.

• The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 (ERISA).

• Any amounts payable to Grantees pursuant to the Plan shall be unfunded and unsecured obligations for all purposes, including, without limitation, Title I of the Employee Retirement Income Security Act of 1974, as amended.

• The Buyer is an employee benefit plan within the meaning of Title I of the Employee Retirement Income Security Act of 1974, as amended.

• The Employee Retirement Income Security Act of 1974, as amended from time to time.

More Definitions of Employee Retirement Income Security Act

Employee Retirement Income Security Act of 1974 as amended ("ERISA"), and the Code, and any Benefit Plan intended to be qualified under Section 401(a) of the Code has been determined by the Internal Revenue Service to be so qualified and has been tax-qualified from its inception to this date and its related trust is tax-exempt and has been so since its creation. No Benefit Plan is covered by Title IV of ERISA or Section 412 of the Code. No material nonexempt "PROHIBITED TRANSACTION," as defined in ERISA Section 406 or Code Section 4975 has occurred with respect to any Benefit Plan. In all material respects, each Benefit Plan has been maintained and administered in compliance with its terms and with the requirements prescribed by any and all statutes, orders, rules and regulations, including ERISA, the Code, and federal and state securities laws, which are applicable to such Benefit Plans. There are no pending or, to the knowledge of Driveoff or Navidec, anticipated claims against or otherwise involving any of the Benefit Plans and no suit, action, or other litigation (excluding claims for benefits incurred in the ordinary course of Benefit Plan activities) has been brought against or with respect to any Benefit Plan except as disclosed on the Driveoff Disclosure Schedule. All contributions, reserves, or premium payments to the Benefit Plan, required to have been paid or accrued to the date hereof have been made or provided for. Neither Driveoff nor Navidec has incurred any liability under subtitle C or D of Title IV of ERISA with respect to any "SINGLE-EMPLOYER PLAN," within the meaning of Section 4001(a)(15) of ERISA, currently or formerly maintained by Driveoff, Navidec, or any entity which is considered one employer with Driveoff or Navidec under Section 4001 of ERISA. Neither Driveoff nor Navidec has incurred any withdrawal liability under subtitle E of Title IV of ERISA with respect to any "MULTIEMPLOYER PLAN." within the meaning of Section 4001(a)(3) of ERISA. There are no restrictions on the rights of Driveoff or Navidec to amend or terminate any Benefit Plan (or its participation in any Benefit Plan) without incurring any otherwise unaccrued liability thereunder. Neither Driveoff nor Navidec has engaged, nor is a successor or parent corporation to an entity that has engaged in, a transaction described in ERISA Section 4069. Except as required by applicable law, there have been no amendments to, written interpretation of, or announcement (whether or not written) by Driveoff or Navidec rel...

Employee Retirement Income Security Act of 1974, as amended, and the rules and regulations thereunder ("ERISA") whether or not subject to ERISA; (ii) bonus, stock option, stock purchase, restricted stock, incentive, profit-sharing, pension or retirement, deferred compensation, medical, life, disability, accident, accrued leave, vacation, sick pay, sick leave, supplemental retirement and unemployment benefit plans, programs, arrangements, commitments, policies or practices (whether or not insured); and (iii) employment, consulting, termination, and severance contracts or agreements; for active, retired or former employees or directors, whether or not any such plans, programs, arrangements, commitments, contracts, agreements or practices (referred to in (i), (ii) or (iii)) are in writing or are otherwise exempt from the provisions of ERISA; that have been established, maintained or contributed to (or with respect to which an obligation to contribute has been undertaken) by the Subject Companies, other than any such plan, program, arrangement, agreement, practice, policy or commitment required by law ("Employee Benefit Plans").

Employee Retirement Income Security Act of 1974, as amended, or the Code; and

Employee Retirement Income Security Act or "ERISA" means the federal statute 29 USC Ch. 18.

Employee Retirement Income Security Act or "ERISA" means the federal statute 29 USC [Chapter Ch.]