Seller Plan definition
Seller Plan means any Employee Benefit Plan maintained, or contributed to, by the Seller, any Subsidiary or any ERISA Affiliate.
Seller Plan means each Benefit Plan that a Seller or any of its Subsidiaries (other than the Company) sponsors, maintains or contributes to, or is required to sponsor, maintain or contribute to, for the benefit of any Business Employee.
Seller Plan has the meaning set forth in Section 3.13(a).
Examples of Seller Plan in a sentence
With respect to each material Seller Plan, the Subject Company has made available to Purchaser a copy of such Seller Plan or a summary of the material terms thereof and, with respect to any Seller Plan intended to be qualified under Section 401(a) of the Code, the most recent determination, opinion or advisor letter from the Internal Revenue Service.
More Definitions of Seller Plan
Seller Plan means any Employee Plan that is sponsored, maintained or entered into by Seller or any of its Affiliates other than the Company or any of its Subsidiaries.
Seller Plan means any Employee Plan (a) established, maintained, sponsored or contributed to (or with respect to which any obligation to contribute has been undertaken) by Seller or any ERISA Affiliate on behalf of any Employee (whether current, former or retired) or its beneficiaries or (b) with respect to which Seller or any ERISA Affiliate has or has had any obligation on behalf of any such Employee or beneficiary.
Seller Plan means each Plan which is sponsored, maintained or contributed to by any Seller or under which any Seller has, or at any prior time has had, any obligation or liability, whether actual or contingent, direct or indirect, to provide compensation or benefits to or for the benefit of any current or former Service Provider, or the spouses, beneficiaries or other dependents thereof.
Seller Plan means each bonus, deferred compensation, incentive compensation, stock purchase, stock option, severance pay, medical, life or other insurance, profit-sharing, or pension plan, program, agreement or arrangement, and each other employee benefit plan, program, agreement or arrangement, sponsored, maintained or contributed to or required to be contributed to by Seller or by any trade or business, whether or not incorporated, that together with Seller would be deemed a "single employer" under Section 414 of the Code (an "ERISA Affiliate") for the benefit of any employee or director or former employee or former director of Seller or any ERISA Affiliate of Seller.
Seller Plan means any Plan to which any Seller Party contributes to, is a party to, is bound by or could reasonably be expected to have Liability (whether known, accrued, absolute, contingent, liquidated or otherwise) with respect to, and under which directors, employees, independent contracts, consultants or other members of the workforce of any Seller Party are or have been eligible to participate or derive a benefit.
Seller Plan means each Benefit Plan (other than the Company Plans) that is sponsored, maintained or contributed to as of the Closing Date by Seller or by any trade or business, whether or not incorporated, that together with Seller would be a “single employer” within the meaning of Section 4001(b) of ERISA.
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.