Replacement Welfare Plans definition

Replacement Welfare Plans has the meaning set forth in Section 6.10(e).
Sample 1Sample 2Sample 3
Replacement Welfare Plans shall have the meaning set forth in Section 7.2(c) hereof.
Sample 1Sample 2Sample 3
Replacement Welfare Plans has the meaning set forth in Section 6.10(e) (86) "Representatives" of a Party means the Party's Affiliates and their directors, officers, employees, agents, partners, advisors (including, without limitation, accountants, counsel, environmental consultants, financial advisors and other authorized representatives) and parents and other controlling persons.
Sample 1

Examples of Replacement Welfare Plans in a sentence

  • Buyer shall not be obligated to maintain such benefits and coverage in the Replacement Welfare Plans as described in the preceding sentence (regardless of whether any Transferred Employee becomes a Transferred Employee after the Closing Date) (A) beyond the 36-month period following the Closing Date with respect to Non-Bargaining Unit Transferred Employees, and (B) beyond the remaining term of the Collective Bargaining Agreement with respect to Bargaining Unit Transferred Employees.

  • Union Employees shall be eligible to commence participation in welfare benefit plans of Buyer or its Affiliates as may be made available by Buyer (the "Replacement Welfare Plans").

  • Buyer shall have responsibility under the Replacement Welfare Plans for claims relating to treatment received by Transferred Employees and their eligible dependents on and after the Closing Date.

  • Collectively the Buyer’s Assumed, Joined and Replacement Welfare Plans shall be referred to herein as “Buyer’s Welfare Plans.” Coverage for all Transferred Employees and their respective dependents under the Company Benefit Plans that are not Buyer’s Assumed Welfare Plans or Buyer’s Joined Welfare Plans (the “Seller’s Welfare Plans”) shall cease to be effective as of the Closing Date.

  • Such Replacement Welfare Plans may not be amended or terminated, except as may be required by law or to preserve intended tax results, before December 31, 1996.

  • As of the Time of Distribution, Retained Employees shall cease to participate in the New Gaylxxx Xxxfare Plans and, unless allowed to participate in Parent (or any of its Subsidiaries) welfare plans, shall commence to participate in welfare benefit plans of the Company (the "Replacement Welfare Plans").

  • In addition, the Replacement Welfare Plans shall assume any continuation coverage obligations under Code Section 4980B with respect to those former Scout employees (and their qualified beneficiaries) who were last included on a payroll of the Institutional Pharmacy Business immediately prior to their termination of employment or with respect to qualified beneficiaries of any employee of New Scout or a Scout Affiliate.

  • Notwithstanding the above, nothing herein shall prohibit, or be construed to prohibit, Buyer or the Companies from terminating or amending the Replacement Welfare Plans at any time after December 31, 1996 ("Welfare Transfer Date").

  • Union Employees shall be eligible to commence participation in welfare benefit plans of Buyer or 53 its Affiliates as may be made available by Buyer (the "Replacement Welfare Plans").

  • Unless Buyer otherwise elects by no later than 60 days prior to the Closing Date, from the Closing Date until the Welfare Transfer Date Seller shall administer the Replacement Welfare Plans on behalf of Buyer under terms substantially similar to those applicable to welfare benefit plans then maintained by Seller; provided, however, that the ________ _______ Companies or Buyer may terminate such administration at any time.


More Definitions of Replacement Welfare Plans

Replacement Welfare Plans shall have the meaning set forth in Section 9.1.
Sample 1Sample 2
Replacement Welfare Plans has the meaning ascribed to it in Section 9.02(a).
Sample 1
Replacement Welfare Plans shall have the meaning specified in Section 8.1(h).
Sample 1

Related to Replacement Welfare Plans

  • Welfare Plans shall have the meaning set forth in Section 3.2.4.

  • Welfare Plan means a “welfare plan” as defined in Section 3(1) of ERISA.

  • Health and Welfare Plans means any plan, fund or program which was established or is maintained for the purpose of providing for its participants or their beneficiaries, through the purchase of insurance or otherwise, medical (including PPO, EPO and HDHP coverages), dental, prescription, vision, short-term disability, long-term disability, life and AD&D, employee assistance, group legal services, wellness, cafeteria (including premium payment, health flexible spending account and dependent care flexible spending account components), travel reimbursement, transportation, or other benefits in the event of sickness, accident, disability, death or unemployment, or vacation benefits, apprenticeship or other training programs or day care centers, scholarship funds, or prepaid legal services, including any such plan, fund or program as defined in Section 3(1) of ERISA.

  • Retiree Welfare Plan means, at any time, a Welfare Plan that provides for continuing coverage or benefits for any participant or any beneficiary of a participant after such participant's termination of employment, other than continuation coverage provided pursuant to Section 4980B of the IRC and at the sole expense of the participant or the beneficiary of the participant.

  • 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.

  • New Plans has the meaning set forth in Section 5.5(b).

  • Multiple employer welfare arrangement means a multiple employer welfare arrangement

  • Child welfare agency means a child-placing agency, child-caring institution or independent foster

  • Parent Plans has the meaning set forth in Section 6.4(c).

  • Child welfare services means social services including

  • 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.

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

  • 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;

  • As built plans means drawings depicting conditions as they were actually constructed.

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

  • Seller 401(k) Plan shall have the meaning set forth in Section 6.01(i).

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

  • Employee Plans means all Benefit Arrangements, Multiemployer Plans, Pension Plans and Welfare Plans.

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

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

  • Qualified Plans has the meaning set forth in Section 5.20.

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

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • Old Plans shall have the meaning set forth in Section 5.11(b).

  • Welfare Benefits means the types of benefits described in Section 3(1) of ERISA (whether or not covered by ERISA).

  • Benefit Arrangements has the meaning set forth in Section 4.20(b).