Pension Arrangement definition

Pension Arrangement means an agreement, arrangement, custom or practice (whether legally enforceable or not) for the payment of or contribution towards any Benefits;

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Pension Arrangement means a defined benefit pension promise which has been made by ▇▇▇▇▇▇▇ Polymer or any of the JD Holdings II Subsidiaries or the ▇▇▇▇▇▇▇ Polymer Subsidiaries on an individual, collective or local labor law/social law basis to one or more of the Transferred Non-U.S. Employees prior to Closing, including pension-type indemnities provided upon retirement on a mandatory basis as, for example in France, supplemental executive retirement programs, defined benefit cash balance plans, seniority awards, disability pension benefits, survivor pension benefits, early or accelerated retirement arrangements, post-employment medical benefits and benefits under plans which would be defined as defined contribution except for the existence of guaranteed investment returns, but excluding any pension or other employee benefit plans applicable to the ▇▇▇▇▇▇▇ Polymer Employees and the Current Waxdale Employees, which are classified as Excluded Assets under Section 2(b)(ii) hereof.

Pension Arrangement means any pension plan disclosed at Section 3.14(a) of the Seller Disclosure Schedule.

Examples of Pension Arrangement in a sentence

The Company’s contributions to your Pension Arrangement will therefore constitute your entire entitlement to severance pay in respect of the paid Salary, in place of any severance pay to which you otherwise may have become entitled at law.
Notwithstanding the above and as a gesture of good will, the Company will make contributions to the Executive's Pension Arrangement based also on the Special Increment.
The Company’s contributions to the Employee’s Pension Arrangement will therefore constitute the Employee’s entire entitlement to severance pay in respect of the paid Salary, in place of any severance pay to which the Employee otherwise may have become entitled at law.
The Company and, so far as the Sellers are aware, any other persons having a legal responsibility in respect of the Pension Arrangement have complied in all material respects with their respective obligations under the governing documentation of the Pension Arrangement.
During the temporary period of participation the Purchaser shall make contributions or premiums to the Group Pension Arrangement at an equivalent rate as Seller makes for its similarly situated employees.

More Definitions of Pension Arrangement

Pension Arrangement means a defined benefit pension promise which has been made by any of the Companies on an individual, collective or local labor law basis to one or more of their employees prior to Closing, including pension-type indemnities provided upon retirement on a mandatory basis as, for example in Austria, Italy and France, supplemental executive retirement programs, defined benefit cash balance plans, seniority awards, disability pension benefits, survivor pension benefits, early or accelerated retirement arrangements and post-employment medical benefits, but excluding purely defined contribution promises such as, for example, 401(k) plans;

Pension Arrangement means the Salon Services Staff Retirement Benefits Scheme insured with Scottish Life Assurance Company (Policy Number 12213) established under Trust on 1 April 1988 with a commencement date of 6 April 1988.

Pension Arrangement means each of the retirement benefit plans listed in folder 6.5.2 of the Data Room;

Pension Arrangement has the meaning given in paragraph 17 of schedule 7;

Pension Arrangement has the meaning set forth in Section 3.18(g).

Pension Arrangement means a defined benefit pension promise which has been made by Nexell International on an individual, collective or local labor law basis to one or more of their employees prior to the Closing Date, including pension-type indemnities provided upon retirement on a mandatory basis, supplemental executive retirement programs, defined benefit cash balance plans, seniority awards, disability pension benefits, survivor pension benefits, early or accelerated retirement arrangements and post-employment medical benefits, but excluding externally funded, pure defined contribution promises.

Pension Arrangement means an agreement, arrangement, custom or practice (whether legally enforceable or not) for the payment of or contribution towards any Benefits. 18.2. Other than the offer by the Company of a stakeholder pension arrangement, there is no Pension Arrangement in operation for the benefit of any of the Employees or for the benefit of any dependants of Employees and no assurance has been given to any of the Employees about the introduction of any Pension Arrangement. 18.3. The stakeholder pension arrangement offered by the Company has no members.