At the Effective Time, RemainCo (or a designated member of the RemainCo Group) shall continue the RemainCo Severance Plans.
Severance Plan means any severance plan maintained by the Company that is applicable to the Participant.
Executive Severance Plan means the Company’s Senior Executive Employee Severance Pay Plan, as in effect from time to time.
Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in the aggregate as are payable thereunder prior to a Change in Control;
Separation Plan means the Company’s Separation Plan Amended and Restated Effective August 13, 2006, as may be amended from time to time or any successor plan, program, arrangement or agreement thereto.
Compensation Plans shall have the meaning set forth in Section 3.11(b).
Health benefits plan means a benefits plan which pays or
Welfare Plans shall have the meaning set forth in Section 3.2.4.
Welfare Benefits means the types of benefits described in Section 3(1) of ERISA (whether or not covered by ERISA).
SERP has the meaning assigned thereto in Section 5(c) hereof.
Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).
Welfare Plan means a “welfare plan” as defined in Section 3(1) of ERISA.
Continuing Employees shall have the meaning set forth in Section 6.9(a).
Incentive Compensation Plans means annual incentive compensation plans and long‑term incentive compensation plans of the Company, which long‑term incentive compensation plans may include plans offering stock options, restricted stock and other long‑term incentive compensation.
Company Employees shall have the meaning set forth in Section 6.10(a).
Benefit Plans shall have the meaning set forth in Section 3.13(a).
Equity Plans meanss the stock option and incentive plans adopted and maintained by the Company from time to time.
Separation Benefits has the meaning accorded such term in Section 3.04.
Change in Control Severance Benefits means the benefits payable pursuant to Section 3 of this Agreement.
Company Employee Plans has the meaning set forth in Section 3.12(a).
Transferred Employees has the meaning set forth in Section 6.4(a).
RemainCo shall have the meaning set forth in the Preamble.
Health and Welfare Benefits means any form of insurance or similar benefit programs, which may include but not be limited to, medical, hospitalization, surgical, prescription drug, dental, optical, psychiatric, life, or long-term disability.
Compensation and Benefit Plans has the meaning set forth in Section 5.03(m).
Company Benefit Plans has the meaning set forth in Section 3.16(a).
SpinCo Employee means any individual who, as of the Effective Time, is employed by or will be employed by Spinco or any member of the Spinco Group, including active employees and employees on vacation and approved leave of absence (including maternity, paternity, family, sick leave, qualified military service under the Uniformed Services Employment and Reemployment Rights Act of 1994, short- or long-term disability leave, leave under the Family Medical Leave Act and other approved leave).
Continuing Employee has the meaning set forth in Section 6.7(a).