Seller Plans definition

Seller Plans has the meaning set forth in Section 3.13(a).
Seller Plans shall have the meaning set forth in Section 6.6(a).
Seller Plans shall have the meaning set forth on Schedule 3.15.

Examples of Seller Plans in a sentence

  • Effective as of the Closing, Sellers shall take or cause to be taken all actions as are necessary or appropriate to amend each Plan in which any Continuing Employee participates and that is not an Assumed Plan (collectively, the “Seller Plans”), to provide that the Continuing Employees shall not be eligible to participate in such Seller Plans as of the Closing Date, in each case, in accordance with their terms and in compliance with the requirements of all applicable Laws.


More Definitions of Seller Plans

Seller Plans has the meaning set forth in Section 5.20.
Seller Plans means all Employee Plans that are sponsored, maintained or contributed to by Seller or an Affiliate of Seller on behalf of the Subject Employees.
Seller Plans has the meaning set forth in Section 4.21(a).
Seller Plans is defined in Section 2.13(a) hereof.
Seller Plans shall have the meaning ascribed to such term in Section 5.10(a).
Seller Plans means each Employee Plan contributed to, sponsored or maintained by Seller or any ERISA Affiliate as of the Execution Date, or for which Seller or any ERISA Affiliate has any obligation or liability, in each case, for the benefit of any Business Employee.
Seller Plans means each “employee benefit plan” (within the meaning of Section 3(3) of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”)), and each severance, change in control, retention or employment plan, program or agreement, and vacation, incentive, bonus, stock option, stock purchase, and restricted stock plan, program or policy under which any employee or former employee of the Business has any present or future right to benefits and under which Seller Parent, Seller or any of their ERISA Affiliates has had or has any present or future liability.