Seller Plans definition

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

Seller Plans shall have the meaning set forth on Schedule 3.15.

Seller Plans has the meaning set forth in Section 5.20.

Examples of Seller Plans in a sentence

No act or failure to act by Seller has resulted in a "prohibited transaction" (as defined in ERISA) with respect to the Seller Plans.
No "reportable event" (as defined in ERISA) has occurred with respect to any of the Seller Plans.
Complete and accurate copies of (i) all Seller Plans which have been reduced to writing, (ii) written summaries of all unwritten Seller Plans, and (iii) all related trust agreements, insurance contracts and summary plan descriptions have been delivered or made available to the Buyer.
With respect to the Seller Plans, all applicable contributions and premium payments for all periods ending prior to the Closing Date (including periods from the first day of the then-current plan year to the Closing Date) shall be made prior to the Closing Date in accordance with past practice and, with respect to each Seller Plan subject to Title IV of ERISA, the recommended contribution in the applicable actuarial report.
To Seller's knowledge, none of the Seller Plans discriminates in operation in favor of employees who are officers or who are highly compensated, except as permitted under the Code and ERISA.

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 is defined in Section 2.13(a) hereof.

Seller Plans shall have the meaning set forth in Section 4.20(b).

Seller Plans shall have the meaning set forth in Section 5.6 (b).

Seller Plans shall have the meaning set forth in Section 6.6(a).

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.

Seller Plans means all Benefit Plans that are sponsored, maintained or contributed to by Seller or RVEP on behalf of the U.S. Employees.