Employee Welfare Plan definition

Employee Welfare Plan means any Employee Plan other than an Employee Pension Plan.
Employee Welfare Plan means any "employee welfare benefit plan," as defined in Section 3(1) of ERISA, which Seller or any Subsidiary sponsors or to which Seller or any Subsidiary contributes or is required to contribute, or under which Seller or any Subsidiary may incur any liability (whether governed by U.S. Law or the Law of any foreign country in which Seller or any Subsidiary has any employees), and which covers any employee of Seller or of any Subsidiary who may become a Company Employee, including each multi-employer welfare benefit plan.
Employee Welfare Plan means other than any obligations pursuant to any Laws, any “employee welfare benefit plan,” as defined in Section 3(l) of ERISA, which any of the Companies or any of their respective Subsidiaries sponsors, or under which any Company or any Subsidiary thereof may incur any liability, and which covers any Employees, including each multi-employer welfare benefit plan.

Examples of Employee Welfare Plan in a sentence

  • Anything to the contrary herein notwithstanding, Employer shall have no obligation to continue to maintain any Employee Welfare Plan during the Severance Period solely as a result of this Agreement.

  • If, during the Severance Period, Employee is precluded from participating in any Employee Welfare Plan by its terms or applicable law, Employer will provide Employee with benefits that are reasonably equivalent to those which Employee would have received under such plan had Employee been eligible to participate therein.

  • If, during the Severance Period, Employee is precluded from participating in any Employee Welfare Plan by its terms or applicable law, then Employer will provide Employee with benefits that are reasonably equivalent to those Employee would have received under such plan had Employee been eligible to participate therein.

  • The Company has no employee welfare benefit plan (an "Employee Welfare Plan"), as defined in Section 3(1) of the Employee Retirement Income Security Act of 1974, as amended ("ERISA").

  • It is explicitly understood and agreed that no benefits under the Employee Welfare Plan will be provided (including, without limitation, benefits under the portions of the Welfare Benefit Plan that provide benefits in the event of disability, life insurance coverage, and accidental death and dismemberment coverage) except as specifically provided herein.


More Definitions of Employee Welfare Plan

Employee Welfare Plan shall have the meaning as set forth in Section 3(1) of ERISA.
Employee Welfare Plan. An “employee welfare benefit plan” as defined in ERISA Section 3(1), whether or not subject to ERISA. Employment Contract(s): Those contracts and agreements, oral or written, with all or any of the Employees of Manager or any Affiliate of Manager for work in or in connection with the Hotel including, but not limited to, individual employment agreements, union agreements and employee handbooks.
Employee Welfare Plan means an employee welfare benefit plan, as defined in Section 3(1)
Employee Welfare Plan means any employee welfare benefit plan, as defined in Section 3(1) of ERISA, whether or not terminated, including, but not limited to, any severance agreement or plan, any material fringe benefit plan or program, any medical plan, life insurance plan, short-term or long-term disability plan, dental plan, personnel policy, vacation time, holiday pay, bonus programs, service award, moving expense reimbursement program, tool allowance, safety equipment allowance, and sick leave, which any Seller or any Plan Affiliate of any Seller has at any time within the past six years maintained, made contributions to, obligated itself to make contributions to, or had any other liability with respect to, in each case on behalf of or with respect to Plan Beneficiaries.
Employee Welfare Plan means any plan, fund or program established, maintained or contributed to, now or in the past, by Group or any member of Group Controlled Group for the purpose of providing participants and their beneficiaries, through the purchase of insurance or otherwise, (A) medical, surgical or hospital care or benefits, or benefits in the event of sickness, accident, disability, death or unemployment, or vacation benefits, apprenticeship or other training programs, or day care centers, scholarship funds, or prepaid legal services, or (B) any benefit described in section 302(c) of the Labor Management Relations Act, 1947 (holiday, severance or similar benefits other than pensions on retirement or death, and insurance to provide such pensions). "Employee pension plan" means any plan, fund or program established, maintained or contributed to, now or in the past, to the extent that by its terms or as a result of surrounding circumstances such plan, fund or program provides retirement income to employees or results in a deferral of income by employees for periods extending to the termination of covered employment or beyond.
Employee Welfare Plan means, for the purposes of this regulation, a plan, fund or program of employee benefits as defined in 29 U.S.C. Section 1002 (Employee Retirement Income Security Act).
Employee Welfare Plan shall have the meaning ascribed thereto in Section 4.1.16 hereof.