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 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.
Sample 1
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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Examples of Purchaser Employee Benefit Plan in a sentence

  • 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.

  • 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.

  • There is no pending or, to the knowledge of Purchaser, threatened litigation relating to any Purchaser Employee Benefit Plan, other than routine claims for benefits.

  • 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.

  • All reports, returns and similar documents with respect to the Purchaser Employee Benefit Plans required to be filed with any government agency or distributed to any Purchaser Employee Benefit Plan participant have been duly and timely filed or distributed.

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

  • The liabilities of each Purchaser Employee Benefit Plan or Purchaser Pension Plan that has been terminated or otherwise wound up, have been fully discharged in full compliance with applicable Law.

  • 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.


More Definitions of Purchaser Employee Benefit Plan

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.
Sample 1
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.
Sample 1
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.
Sample 1
Purchaser Employee Benefit Plan means all “employee welfare benefit plans” set forth on Schedule 6.06(a).
Sample 1

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).

  • 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.

  • 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 has the meaning set forth in Section 4.8(a).

  • 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).

  • Business Benefit Plan means each Benefit Plan that is contributed to, sponsored, maintained or entered into by Seller or a Retained Subsidiary, a Purchased Subsidiary or any Affiliate of any of them for the benefit of any Business Employee.

  • Employee Welfare Benefit Plan has the meaning set forth in ERISA Section 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 shall have the meaning set forth in Section 3.14(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 any Benefit Plan: (i) under which any current or former director, officer, employee, consultant or independent contractor of the Company has any present or future right to benefits and that is maintained, sponsored or contributed to by the Company; or (ii) with respect to which the Company has any Liability.