Lumentum Welfare Plans definition

Lumentum Welfare Plans means any Welfare Plan established, sponsored, maintained or contributed to by any member of the Lumentum Group for the benefit of Lumentum Group Employees.

Examples of Lumentum Welfare Plans in a sentence

  • Effective as of the Distribution Date, Lumentum shall, or shall cause the applicable member of the Lumentum Group to, establish the Lumentum Welfare Plans.

  • The Lumentum Welfare Plans and 401(k) Plan shall, and Lumentum shall recognize each Lumentum Group Employee’s service with JDSU at or before the Transfer Date, with respect to such Lumentum Plans adopted or maintained by Lumentum on or as of the Distribution Date or as otherwise required by applicable Law, to the same extent that such service was recognized by JDSU for similar purposes prior to the Distribution Date.

  • Except as required by applicable Law, the Lumentum Welfare Plans and 401(k) Plan shall not recognize service with JDSU for periods on or after the Transfer Date.

Related to Lumentum Welfare Plans

  • Welfare Plans shall have the meaning set forth in Section 3.2.4.

  • Health and Welfare Plans means any Benefit Plan that was established or is maintained for the purpose of providing for its participants or their beneficiaries, through the purchase of insurance or otherwise, medical (including preferred provider organization, exclusive provider organization, and high deductible health plan coverages), dental, prescription, vision, short-term disability, long-term disability, life and accidental death and dismemberment, employee assistance, group legal services, wellness, cafeteria (including premium payment, health flexible spending account, and dependent care flexible spending account components), travel reimbursement, transportation, or other benefits in the event of sickness, accident, disability, death, or unemployment, vacation benefits, apprenticeship or other training programs, day care centers, scholarship funds, or prepaid legal services, including any such plan, fund, or program as defined in Section 3(1) of ERISA.

  • Welfare Plan means a “welfare plan” as defined in Section 3(1) of ERISA.

  • Retiree Welfare Plan means, at any time, a Welfare Plan that provides for continuing coverage or benefits for any participant or any beneficiary of a participant after such participant's termination of employment, other than continuation coverage provided pursuant to Section 4980B of the IRC and at the sole expense of the participant or the beneficiary of the participant.

  • Health and Welfare Benefits means any form of insurance or similar benefit programs, which may include but not be limited to, medical, hospitalization, surgical, prescription drug, dental, optical, psychiatric, life, or long-term disability.

  • Benefit Plans shall have the meaning set forth in Section 3.13(a).

  • Welfare Benefit Plan means each welfare benefit plan maintained or contributed to by the Company, including, but not limited to a plan that provides health (including medical and dental), life, accident or disability benefits or insurance, or similar coverage, in which Executive was participating at the time of the Change in Control.

  • Company Plans has the meaning set forth in Section 4.10(a).

  • Multiple employer welfare arrangement means a “multiple employer welfare arrangement” within the meaning of Section 3(40) of ERISA.

  • Company Employee Plans has the meaning set forth in Section 3.12(a).

  • Employee Welfare Benefit Plan has the meaning set forth in ERISA Sec. 3(1).

  • Company Benefit Plans has the meaning set forth in Section 3.16(a).

  • Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.

  • Employee Plans has the meaning set forth in Section 3.14(b).

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Parent Plans has the meaning set forth in Section 6.4(c).

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in the aggregate as are payable thereunder prior to a Change in Control;

  • Seller 401(k) Plan has the meaning set forth in Section 6(e) below.

  • Benefit Plan means any of (a) an “employee benefit plan” (as defined in ERISA) that is subject to Title I of ERISA, (b) a “plan” as defined in and subject to Section 4975 of the Code or (c) any Person whose assets include (for purposes of ERISA Section 3(42) or otherwise for purposes of Title I of ERISA or Section 4975 of the Code) the assets of any such “employee benefit plan” or “plan”.

  • Health benefit plan means a policy, contract, certificate or agreement offered or issued by a health carrier to provide, deliver, arrange for, pay for or reimburse any of the costs of health care services.

  • Welfare Benefits means the types of benefits described in Section 3(1) of ERISA (whether or not covered by ERISA).

  • Benefit Arrangements has the meaning set forth in Section 4.20(b).

  • Seller Employee Plan means any plan, program, policy, practice, Contract or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written, unwritten or otherwise, funded or unfunded, including each “employee benefit plan,” within the meaning of Section 3(3) of ERISA (whether or not ERISA is applicable to such plan), that is or has been maintained, contributed to, or required to be contributed to, by the Seller or any Seller Affiliate for the benefit of any Seller Employee, or with respect to which the Seller or any Seller Affiliate has or may have any liability or obligation, except such definition shall not include any Seller Employee Agreement.

  • New Plans shall have the meaning set forth in Section 5.11(b).