Qualified Benefit Plans definition

Qualified Benefit Plans has the meaning provided in Section 2.14(c).
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Qualified Benefit Plans means the employee benefit plans that are qualified under ERISA, which are the (a) Defined Benefit Plans, (b) Guilford Mills, Inc. 401(k) Savings and Investment Plan, (c) Salaried Associates Retirement Profit Sharing Plan, and (d) Hofmann Laces Pension Plan.
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Qualified Benefit Plans means the employee benefit plans that are qualified under ERISA, which are the (a) Guilford Mills, Inc. Pension Plan, (b) Gold Mills, Incorporated Pension Plan, (c) Guilford Mills, Inc. 401(k) Savings and Investment Plan, (d) Salaried Associates Retirement Profit Sharing Plan, and (e) Hofmann Laces Pension Plan.
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Examples of Qualified Benefit Plans in a sentence

  • Administration of the PlanThe Investment and Administrative Committee of The Walt Disney Company Sponsored Qualified Benefit Plans and Key Employees Deferred Compensation and Retirement Plan (the “Committee” or “Plan Administrator”) administers the Plan, interprets its provisions and resolves all issues arising in the administration of the Plan.

  • Administration of the Plan The Investment and Administrative Committee of The Walt Disney Company Sponsored Qualified Benefit Plans and Key Employees Deferred Compensation and Retirement Plan (the “Committee” or “Plan Administrator”) administers the Plan, interprets its provisions and resolves all issues arising in the administration of the Plan.

  • The Employer may make defined contributions to specific Qualified Benefit Plans.

  • For the purposes of the tax advantages available under Qualified Benefit Plans that provide accident and health benefits as defined under Sections 105 and 106 of the Code, a Dependent is determined without regard to Subsections (b)(1), (b)(2), and (d)(1)(B) thereof and includes any child (as defined in Code § 152(f)(1)) of the Par- ticipant who at the end of the taxable year has not attained age 27.

  • Administration of the Plan The Investment and Administrative Committee of The Walt Disney Company Sponsored Qualified Benefit Plans and Key Employee Deferred Compensation and Retirement Plan (the “Committee” or “Plan Administrator”) administers the Plan, interprets its provisions and resolves all issues arising in the administration of the Plan.

  • OWNER shall cause each insurance policy required herein to provide a waiver of subrogation in favor of CITY, its officials, officers, employees and agents.

  • Seller shall be solely responsible for any liability, funding obligation, claim or expense arising from the Seller's Benefit Plans, Seller's Qualified Benefit Plans or Contracts described in Section 4.17(a)(i) of this Agreement, both prior to, and after, the Closing Date, except as provided in Section 7.04(c).

  • Franklin or the Franklin Subsidiaries shall provide to Fifth Third at least sixty (60) days prior to the Effective Time, documentation reasonably satisfactory to Fifth Third demonstrating that the requirements of Sections 401(a)(4), 404, 410(b), 411, 412, 415, 416, 401(k) and (m) of the Code have been satisfied by all of its Qualified Benefit Plans for the 1998, 1999, 2000 and 2001 plan years.

  • Generally speaking, the assets in the Qualified Benefit Plans belong to the plan participants and beneficiaries, not the Debtors, and therefore are outside the reach of general creditors.

  • On the Effective Date, the Qualified Benefit Plans, including programs subject to sections 1114 and 1129(a)(13) of the Bankruptcy Code, entered into before the Petition Date and that have not been terminated, shall be deemed to be, and shall be treated as if they were, Executory Contracts that are assumed in accordance with Section 10.1(b) of this Plan.


More Definitions of Qualified Benefit Plans

Qualified Benefit Plans is defined in Section 3.20(b) of this Agreement.
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Related to Qualified Benefit Plans

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

  • Foreign Benefit Plan means any Employee Benefit Plan established, maintained or contributed to outside of the United States of America or which covers any employee working or residing outside of the United States.

  • 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.

  • 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.

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

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

  • 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.

  • 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.

  • Seller Benefit Plans has the meaning set forth in Section 4.8(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.

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

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

  • 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.

  • 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.

  • 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.

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

  • Canadian Benefit Plan means any plan, fund, program, or policy, whether oral or written, formal or informal, funded or unfunded, insured or uninsured, providing material employee benefits, including medical, hospital care, dental, sickness, accident, disability, life insurance, pension, retirement or savings benefits, under which any Borrower has any liability with respect to any employee or former employee, but excluding any Canadian Pension Plans.

  • 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”.

  • 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;

  • Pension Benefit Plan means at any time any employee pension benefit plan (including a Multiple Employer Plan, but not a Multiemployer Plan) which is covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 of the Code and either (i) is maintained by any member of the Controlled Group for employees of any member of the Controlled Group; or (ii) has at any time within the preceding five years been maintained by any entity which was at such time a member of the Controlled Group for employees of any entity which was at such time a member of the Controlled Group.

  • Company Plans shall have the meaning set forth in Section 3.14(a).

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

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

  • Employee Pension Benefit Plan has the meaning set forth in ERISA Section 3(2).

  • Foreign Benefit Arrangement means any employee benefit arrangement mandated by non-U.S. law that is maintained or contributed to by any Credit Party or any of its Subsidiaries.