Examples of Purchaser Employee Plans in a sentence
The beneficiaries under all Purchaser Employee Plans consist only of employees or former employees and directors or former directors of any of Purchaser and its Subsidiaries and their spouses, dependents or beneficiaries.
Except as required by applicable Law and as otherwise provided in this Article VII or in Section 5.12(a), as of the applicable Effective Hire Date, the Transferred Employees shall cease to accrue further benefits under the Seller Employee Plans (other than the Seller Employee Plans maintained by the Transferred Subsidiary) and shall commence participation in the Purchaser Employee Plans, subject to the terms and conditions of such Purchaser Employee Plans.
True and correct copies of each of the Purchaser Employee Plans have been delivered to the Seller, along with the most recent annual report for each Purchaser Employee Plan, any trust agreement relating to each Purchaser Employee Plan and the most recent summary plan description, actuarial report and determination letter for each Purchaser Employee Plan.
For purposes of all Purchaser Employee Plans, Purchaser shall recognize (or cause to be recognized) service with the Company and the Company Subsidiaries and any predecessor entities (and any other service credited by the Company under similar benefit plans) for all purposes (including for vesting, eligibility to participate, severance and benefit accrual) to the same extent such service was credited under the comparable Company Employee Plan.
Hopkins --------------------------------------- Title: Vice President Date: April 15, 2002 T.
All Purchaser Employee Plans providing pension or retirement benefits or obligations to current or former employees or their spouses, dependents and beneficiaries are referred to collectively as "Purchaser Pension Plan" and identified in Section 5.19 of the Purchaser Disclosure Schedule.
Purchaser has complied, and currently is in compliance, both as to form and operation, in all material respects, with the applicable provisions of ERISA and each other Law or regulation imposed or administered by any Governmental Entity with respect to each of the Purchaser Employee Plans.
You must instruct us as to what amounts should be transferred from each Division and Guarantee Period.
Plans Section 4.13(c).............Non-Standard Form Employment Agreements Section 4.13(d).............Commitments to Amend Purchaser Employee Plans Section 4.13(e).............Notices of Claims under Purchaser Employee Plans Section 4.13(f).............
The Purchaser and each Purchaser Subsidiary has made available to the Company true and complete copies of all Purchaser Employee Plans (and, if applicable, related trust agreements), all amendments thereto, and summary plan descriptions for all Employee Plans and written interpretations of all of the foregoing.