Fringe Benefit Plan definition

Fringe Benefit Plan means any plan, practice, program or policy maintained by the Company with respect to fringe benefits.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Fringe Benefit Plan means any plan, practice, program or policy maintained by the Company with respect to fringe benefits, including, without limitation, tax and financial planning services and payment of related expenses.

Fringe Benefit Plan means any fringe benefit plan under Code Sections 125, 127, 129, 132, or 137 and any bonus, incentive compensation, deferred compensation, restricted stock, other stock-based incentive, salary continuation, bonus plan, employment-related change in control benefit, retention agreement and any other payment or benefit which is not within the meaning of a Pension Plan or Welfare Plan. The term "Fringe Benefit Plan" shall also include any terminated fringe benefit plan previously maintained, sponsored or contributed to by any Seller or any ERISA Affiliate which, as of the date of this Agreement, has not distributed all of its assets or satisfied all of its Liabilities.

Examples of Fringe Benefit Plan in a sentence

• Any changes to the current Section 125 Flexible Fringe Benefit Plan, of the IRS Code will be subject to mutual agreement by the Parties.

• The Board shall provide the above Section 125 Fringe Benefit Plan to all teachers.

• Teachers may participate in the Flexible Fringe Benefit Plan as long as such is provided for by law or IRS rules.

• The District will maintain a Section 125 IRS Code (Fringe Benefit Plan).

• Any Pension Plan, Welfare Plan, or Fringe Benefit Plan, whether written or oral and whether qualified or non-qualified, and any trust, escrow, or other agreement covering any present or former directors, officers, employees, or their respective dependents.

• Commencing in the 1990-91 school year, the Board will adopt a first and second generation Flexible Fringe Benefit Plan.

• At the beginning of each school year, or date of employment, the Board shall provide each teacher a copy of the current USD #464 Section #125 Salary Reduction Fringe Benefit Plan which describes the benefit coverage.

• Salary Reduction Fringe Benefit Plan - The District will provide an Internal Revenue Code (IRC) Section 125 Salary Reduction Fringe Benefit Plan.

• Each “employee welfare plan” as defined in ERISA section 3(1), including medical reimbursement benefits provided under a Fringe Benefit Plan subject to Code section 125 and health reimbursement arrangements.

• Salary Reduction Fringe Benefit Plan - The board has established a Section 125 "Cafeteria" Fringe Benefit Plan.

More Definitions of Fringe Benefit Plan

Fringe Benefit Plan shall also include any terminated fringe benefit plan previously maintained, sponsored or contributed to by the Company or any ERISA Affiliate which, as of the date of this Agreement, has not distributed all of its assets or satisfied all of its Liabilities.

Fringe Benefit Plan shall include the trusts and other funding vehicles relating to the Fringe Benefit Plans. The term "Fringe Benefit Plan" shall also include any terminated fringe benefit plan previously maintained, sponsored or contributed to by Seller which, as of the Closing Date, has not distributed all of its assets and/or satisfied all of its obligations.

Fringe Benefit Plan means any benefit plan, program or agreement under Code Sections 125, 127, 129, 132, or 137 and any bonus, incentive compensation, deferred compensation, restricted stock, stock option, other stock-based incentive, retention, severance pay, sick leave, vacation pay, tuition expense, dependent care assistance, cafeteria plan, salary continuation, bonus plan, employment or other service related change in control benefit, and any other compensation payment or employment benefit or plan, program, or agreement which is not within the meaning of a Pension Plan or Welfare Plan. The term “Fringe Benefit Plan” shall also include any such terminated benefit plan, program or agreement previously maintained, sponsored or contributed to by the Company which, as of the date of this Agreement, has not distributed all of its assets or satisfied all of its Liabilities.