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Purchaser Employee Benefit Plan definition

Purchaser Employee Benefit Plan means an Employee Benefit Plan provided by the Purchaser to its employees.
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Purchaser Employee Benefit Plan means any Employee Benefit Plan ------------------------------- which is maintained or contributed to or are required to be maintained, contributed to or provided by the Purchaser or any Purchaser Subsidiary, under which any employee, former employee or independent contractor (or any dependent of any such Persons) has any present or future right to benefits or compensation or under which the Purchaser or any Purchaser Subsidiary has or may have any present or future liability or obligation.
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Purchaser Employee Benefit Plan means all “employee welfare benefit plans” set forth on Schedule 6.06(a).
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Examples of Purchaser Employee Benefit Plan in a sentence

  • Each Purchaser Employee Benefit Plan which is a pension plan has sufficient assets to discharge the liabilities for benefits thereunder.

  • Each Purchaser Employee Benefit Plan has been administered in all material respects in accordance with its terms.

  • All payments, deductions from wages, reports, returns and similar documents with respect to the Purchaser Employee Benefit Plans required to be filed with or paid to any Governmental Entity or Purchaser Employee Benefit Plan or distributed to any Purchaser Employee Benefit Plan participant have been duly and timely filed, distributed or paid.

  • Purchaser is not aware of any facts or circumstances with respect to any "Purchaser Employee Benefit Plan" that could reasonably be expected to have a Material Adverse Effect on Purchaser.

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  • To the Purchaser's knowledge, there are no investigations by any government agency, and no termination proceedings or other claims, suits or proceedings against or involving any Purchaser Employee Benefit Plan or asserting any rights or claims to benefits under any Purchaser Employee Benefit Plan that could give rise to any liability to the Purchaser or such Purchaser Employee Benefit Plan.

  • No Purchaser Employee Benefit Plans have been terminated; there have not been any "reportable events" (as defined in Section 4043 of ERISA and the regulations thereunder) with respect thereto; and no Purchaser Employee Benefit Plan has an "accumulated funding deficiency" within the meaning of Section 412(a) of the Code or any unfunded liability of any kind.

  • Neither the execution and delivery of this Agreement nor the consummation of the transactions contemplated hereby will (i) result in any payment becoming due to any current, former or retired employee of Purchaser or any of its Subsidiaries; (ii) increase any benefits otherwise payable under any Purchaser Employee Benefit Plan or Purchaser Pension Plan; or (iii) result in the acceleration of the time of payment or vesting of any such benefits.

  • Nothing in this Section 7.11(a) shall constitute an amendment to any Employee Benefit Plan or Purchaser Employer Benefit Plan or any other plan or arrangement covering employees or shall prevent the amendment or termination of any such Employee Benefit Plan or Purchaser Employee Benefit Plan, plan or arrangement.

  • The Purchaser has provided the Company with true and complete copies of all documents governing or relating to each such Purchaser Employee Benefit Plan.


More Definitions of Purchaser Employee Benefit Plan

Purchaser Employee Benefit Plan means any Employee Benefit Plan adopted, established, maintained or contributed to by PURCHASER (rather than SELLER or any XxXxx Company) for the benefit of any current or former employees of PURCHASER or under which PURCHASER would otherwise be a party or have liability and under which employees or former employees of PURCHASER (or their beneficiaries) are eligible to participate or derive a benefit.
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Purchaser Employee Benefit Plan means any plan, program, policy, practice, contract, agreement 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, without limitation, 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 Purchaser, any ERISA Affiliate or any predecessor entity of the Purchaser for the benefit of any employee of the Purchaser or any ERISA Affiliate, or with respect to which the Purchaser or any ERISA Affiliate has or may have any liability or obligation.
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Purchaser Employee Benefit Plan. Purchaser Employee Benefit Plan" means any plan, program, policy, practice, contract, agreement 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, without limitation, 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 Purchaser, any ERISA Affiliate or any predecessor entity of the Purchaser for the benefit of any employee of the Purchaser or any ERISA Affiliate, or with respect to which the Purchaser or any ERISA Affiliate has or may have any liability or obligation.
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Purchaser Employee Benefit Plan means, to the extent sponsored, maintained, or contributed to by Purchaser or one of its Affiliates each “employee benefit plan,” as such term is defined in Section 3(3) of ERISA (whether or not subject to ERISA) and each plan that would be an “employee benefit plan,” as such term is defined in Section 3(3) of ERISA, if it were subject to ERISA, such as foreign plans and plans for directors.
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Related to Purchaser Employee Benefit Plan

  • Company Employee Benefit Plan means each Employee Benefit Plan that is maintained, sponsored or contributed to (or required to be contributed to) by any of the Group Companies or under or with respect to which any of the Group Companies has any Liability.

  • Employee Benefit Plans shall have the meaning set forth in Section 3.20(a).

  • Employee Benefit Plan means any “employee benefit plan” as defined in Section 3(3) of ERISA which is or was sponsored, maintained or contributed to by, or required to be contributed by, Holdings, any of its Subsidiaries or any of their respective ERISA Affiliates.

  • Purchaser Benefit Plans has the meaning set forth in Section 8.7(d).

  • 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 Benefit Plan has the meaning specified in Section 4.13(a).

  • Foreign Employee Benefit Plan means any employee benefit plan as defined in Section 3(3) of ERISA which is maintained or contributed to for the benefit of the employees of the Company, any of its respective Subsidiaries or any members of its Controlled Group and is not covered by ERISA pursuant to ERISA Section 4(b)(4).

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

  • 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 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”.

  • Seller Benefit Plan means each Benefit Plan sponsored, maintained or contributed to by Seller or any of its Subsidiaries or with respect to which Seller or any of its Subsidiaries is a party and in which any Employee is or becomes eligible to participate or derive a benefit.

  • Seller Benefit Plans shall have the meaning ascribed thereto in Section 4.11(a) hereof.

  • Company Employee Plan means any plan, program, policy, practice, contract, agreement 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 or unwritten or otherwise, funded or unfunded, including without limitation, each "employee benefit plan," within the meaning of Section 3(3) of ERISA which is or has been maintained, contributed to, or required to be contributed to, by the Company or any Affiliate for the benefit of any Employee, or with respect to which the Company or any Affiliate has or may have any liability or obligation;

  • Buyer Benefit Plans has the meaning set forth in Section 6.10(f).

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

  • Qualified Benefit Plan has the meaning set forth in Section 3.20(c).

  • 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.

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

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

  • Group health benefit plan means any health care plan, subscription contract, evidence of

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).

  • Defined Benefit Plan means either a plan described in Section 3(35) of ERISA or a plan subject to the minimum funding standards set forth in Section 302 of ERISA and Section 412 of the Code.

  • Company Plans has the meaning set forth in Section 3.13(a).

  • Parent Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written or unwritten or otherwise, funded or unfunded, including without limitation, each "EMPLOYEE BENEFIT PLAN," within the meaning of Section 3(3) of ERISA which is maintained, contributed to, or required to be contributed to, by Parent or any Affiliate for the benefit of any Parent Employee;

  • Company Plan means all Plans of which the Company or an ERISA Affiliate of the Company is or was a Plan Sponsor, or to which the Company or an ERISA Affiliate of the Company otherwise contributes or has contributed, or in which the Company or an ERISA Affiliate of the Company otherwise participates or has participated. All references to Plans are to Company Plans unless the context requires otherwise.

  • Canadian Benefit Plans means all material employee benefit plans of any nature or kind whatsoever that are not Canadian Pension Plans and are maintained or contributed to by any Credit Party having employees in Canada.

  • Parent Benefit Plan means an Employee Benefit Plan sponsored, maintained, or contributed to (or required to be contributed to) by Parent or any of its Subsidiaries, or under or with respect to which Parent or any of its Subsidiaries has any current or contingent liability or obligation.

Most Referenced Clauses

Most Referenced Definitions