Employee Welfare Benefit Plans definition

Employee Welfare Benefit Plans shall have the meaning set forth in Section 3(1) of ERISA.
Employee Welfare Benefit Plans shall have the meaning ascribed thereto in Section 3.25(a)(i).
Employee Welfare Benefit Plans means, with respect to a Business Entity, all Employee Benefit Plans that are "welfare plans" within the meaning of Section 3(1)

Examples of Employee Welfare Benefit Plans in a sentence

  • Buyer shall be satisfied that each Company has properly terminated all of its Employee Benefit Plans (except for its Employee Welfare Benefit Plans), effective prior to the Closing Date.

  • Employee shall, subject to Paragraph 4(b) below, continue to participate in all Employee Welfare Benefit Plans (as such term is defined in Section 3(1) of the Employee Retirement Income Security Act of 1974, as amended, and the regulations promulgated thereunder) maintained by the Corporation during the remainder of the Employment Term or until such later date as may be expressly provided under the terms of any such plan.

  • For a statement of your rights under the Employee Retirement Income Security Act of 1974 (“ERISA”) and important information concerning the administration of the Plan, see the Plan Document, Summary Plan Description and Administrative Information, Hanford Employee Welfare Benefit Plans (the “Administrative Wrapper”).

  • However, Buyer reserves the right to modify, amend, suspend, or terminate such Employee Welfare Benefit Plans at any time after the Closing Date.

  • Employee shall, subject to Paragraph 7(b) below, continue to participate in all Employee Welfare Benefit Plans maintained by the Corporation during the remainder of the Employment Term or until such later date as may be expressly provided under the terms of any such plan.


More Definitions of Employee Welfare Benefit Plans

Employee Welfare Benefit Plans. ("Welfare Plans") as such terms are defined in Sections 3(2) and 3(1) respectively of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), which are maintained, contributed to, or required to be contributed to by the Company or any corporation or other entity which under Section 4001(b) of ERISA is under common control with the Company (a "Company ERISA Affiliate"). Each Pension Plan and Welfare Plan of the Company and the Company ERISA Affiliates has been maintained in all material respects in compliance with its terms and all provisions of ERISA and the Code (including rules and regulations thereunder) and other applicable laws. Neither the Company nor any Company ERISA Affiliate is subject to potential liability under Section 4069(a) of ERISA.
Employee Welfare Benefit Plans. (defined in Section 3(l) of ERISA) and all other Benefit Plans maintained, or contributed to, by the Company or any of its subsidiaries or ERISA affiliates (defined below) for the benefit of any current or former employees, officers or directors of the Company or any of its subsidiaries or ERISA affiliates or under which the Company or any of its subsidiaries or ERISA affiliates has any liability other than Benefit Plans exempt from Title I of ERISA pursuant to Section 4(b)(4) of ERISA and (B) all material Benefit Plans maintained outside of the United States primarily for the benefit of persons substantially all of whom are non-resident aliens with respect to the United States. For purposes of this Agreement, "ERISA AFFILIATE" of the Company means any person which, together with the Company or any of its subsidiaries, would be treated as a single employer under Section 414 of the Code. The only Benefit Plans described in clause (A) of the preceding sentence which individually or collectively would constitute an "EMPLOYEE PENSION BENEFIT PLAN" defined in Section 3(2) of ERISA (the "PENSION PLANS") are identified as such in Section 4.1(k) of the Disclosure Schedule. The Company has provided to Parent a true and complete copy of each Pension Plan.
Employee Welfare Benefit Plans. (defined in Section 3(l) of ERISA) and all other material Benefit Plans maintained, or contributed to, by the Company or any of its subsidiaries or ERISA affiliates (defined below) for the benefit of any current or former employees, officers or directors of the Company or any of its subsidiaries or ERISA affiliates or under which the Company or any of its subsidiaries or ERISA affiliates has any material liability. The Company has delivered or made available to BioShield complete and correct copies of (A) each material Benefit Plan (or, in the case of any unwritten Benefit Plans, descriptions thereof) and all amendments thereto and written interpretations thereof, (B) the most recent summary plan description for each material Benefit Plan for which such summary plan description is required and (C) each trust agreement and group annuity or insurance contract relating to any Benefit Plan. For purposes of this Agreement, "Erisa Affiliate" of the Company means any person which, together with the Company or any of its subsidiaries, would be treated as a single employer under Section 414 of the Code. The only Benefit Plans which individually or collectively would constitute an "Employee Pension Benefit Plan" defined in Section 3(2) of ERISA (the "Pension Plans") are identified as such in Section 2.1(k) of the Company Disclosure Schedule.
Employee Welfare Benefit Plans as defined in Section 2.10. Encumbrance: as defined in Section 2.09. Environmental Laws: as defined in Section 2.14. ERISA: as defined in Section 2.10. Georgia Law: as defined in Section 1.01. Governmental Entity: as defined in Section 2.02. Indiana Law: as defined in Section 1.01. IRS: as defined in Section 2.10(c). Intellectual Property: as defined in Section 2.08 Xxxxxxx Common Stock: as defined in Section 3.04. Xxxxxxx SEC Reports: as defined in Section 3.08. Xxxxxxx Series A Preferred Stock: as defined in Section 3.04. Xxxxxxx Series S Preferred Stock: as defined in Section 3.05. Xxxxxxx Stockholder Meeting: as defined in Section 5.04 Knowledge: as defined in Section 11.09. Legal Requirements: as defined in Section 2.14. Material Adverse Effect: as defined in Section 2.02. Merger: as defined in the recitals. Merger Agreement: as defined in Section 1.01. PBGC: as defined in Section 4.13(c). Person: as defined in Section 2.02. Property Restriction: as defined in Section 2.10. Proxy Statement: as defined in Section 2.15. Registration Statement: as defined in Section 2.15. REIT: as defined in Section 3.03. Rights: as defined in Section 2.03.
Employee Welfare Benefit Plans. (as defined in Section 3(1) of ERISA) or any other benefit plan for the benefit of any current or former employees, consultants, officers or directors of SMP.
Employee Welfare Benefit Plans. (as defined in Section 3(1) of ERISA); all collective bargaining agreements or any bonus, pension, profit sharing, deferred compensation, incentive compensation, stock ownership, stock purchase, stock option, phantom stock, retirement, vacation, severance, disability, death benefit, ___ hospitalization, ___ medical, dependent care, cafeteria, ___ employee assistance, ___ scholarship or other plan, program, arrangement or understanding (whether or not legally binding) maintained in whole or in part, contributed to, or required to be contributed to by either WINW or Newco for the benefit of any present or former officer, employee or director of WINW or Newco.
Employee Welfare Benefit Plans. (as defined in Section 3(1) of ERISA), bonus, stock option, stock purchase, deferred compensation plans or arrangements and other employee fringe benefit plans (all the foregoing being herein called "BENEFIT PLANS") maintained, or contributed to, by Seller or the Company or the U.S. Clairol Subsidiaries for the benefit of any officers or employees of the Company or the U.S. Clairol Subsidiaries. Seller has made available to Buyer true, complete and correct copies of (i) each Benefit Plan (or, in the case of any unwritten Benefit Plans, descriptions thereof), (ii) the most recent annual report on Form 5500 filed with the Internal Revenue Service with respect to each Benefit Plan (if any such report was required) and (iii) the most recent summary plan description for each Benefit Plan for which such a summary plan description is required.