Seller Flex Plan definition

Seller Flex Plan shall have the meaning set forth in Section 5.5(l).
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Seller Flex Plan means the Intersil Corporation Cafeteria Plan.
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Seller Flex Plan has the meaning specified in Section 6.7(e).
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Examples of Seller Flex Plan in a sentence

  • On and after the Closing Date, the Purchaser shall assume and be solely responsible for all claims by Continuing Employees under the Seller Flex Plan, whether incurred prior to, on, or after the Closing, that have not been paid in full as of the Closing.

  • The Purchaser Flex Plan shall be responsible after the Flex Transfer Effective Date for reimbursement of eligible health-care and dependent-care claims incurred in the plan year in which the Flex Transfer Effective Date occurs by Transferred Employees (and their spouses and dependents), to the extent not previously reimbursed by the Seller Flex Plan.

  • Each participating Continuing Employee shall be reimbursed from the Buyer Flex Plans for claims incurred as if he or she had participated in the Buyer Flex Plans since the beginning of the plan year of the Seller Flex Plan in which the Closing Date occurs and which are submitted to the Buyer Flex Plans from and after the Closing Date.

Related to Seller Flex Plan

  • Seller Plan means any Employee Benefit Plan that is maintained or sponsored by the Seller or any Subsidiaries of the Seller (other than the Companies and their Subsidiaries) for the benefit of any current or former NewCo Employee.

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

  • Seller Plans has the meaning set forth in Section 3.13(a).

  • Seller Employees shall have the meaning ascribed thereto in Section 7.4(a) hereof.

  • 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.

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Buyer 401(k) Plan has the meaning set forth in Section 6.01(h).

  • Business Employees has the meaning set forth in Section 4.10(a).

  • Buyer Plans has the meaning set forth in Section 6.02(b).

  • Retained Employees has the meaning set forth in Section 6.1.1.

  • Purchaser Plans shall have the meaning set forth in Section 6.6(a)(v).

  • Company Employees shall have the meaning set forth in Section 6.10(a).

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

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

  • Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.

  • Transferred Contracts has the meaning ascribed to it in Section 2.1(c).

  • Transferred Employee has the meaning set forth in Section 6.01(a).

  • Servicer Employees As defined in Section 2.12.

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

  • Transferred Entities means the entities set forth on Schedule 1.5.

  • Business Employee means any individual employed by Seller in or in connection with the Business.

  • Continuing Employees shall have the meaning set forth in Section 6.9(a).

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

  • Seller Group means, at any time, the group of companies comprised of Xxxxx Fargo & Company and its subsidiaries at that time.

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

  • HSA means the Healthy School Act, D.C. Law 18-209 passed by the City Council for the District of Columbia to establish local nutritional standards for school meals, and its subsequent amendments.