Seller Retirement Plan definition

Seller Retirement Plan means each scheme, plan, fund or arrangement of Seller, which provides Retirement Benefits to or, in respect of Automatic Transfer Employees (not including any mandatory state or social security plan or Industry-Wide Plan in which any member of Seller participates for the benefit or, in respect of Automatic Transfer Employees).
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Seller Retirement Plan has the meaning set forth in Section 8.01(e).
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Seller Retirement Plan as defined in Section 10.5(d).
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Examples of Seller Retirement Plan in a sentence

  • Affected Employees who are participants in the Seller Retirement Plan shall be entitled to the payment of benefits under the Seller Retirement Plan solely in accordance with its terms.

  • Effective as of the Closing Date, Seller shall cause the Company Employees to cease further accrual of all benefits (a benefit freeze) under the YCI Employees’ Pension Plan (the “Seller Retirement Plan”), and the Company and its Subsidiaries shall withdraw as participating employers under the Seller Retirement Plan.

  • The Seller Retirement Plan shall retain all Liabilities for benefits accrued by such employees prior to the Closing Date.

  • Not later than the date of the Seller's actuary's determination, Seller shall deliver to Buyer a copy of a valuation of the assets of each Seller Retirement Plan as of the day immediately preceding the Closing Date, as well as a valuation of the assets initially transferred from the Seller's Retirement Plans to the Buyer's Retirement Plans as of the Closing Date.

  • Without limiting the generality of Section 5.3(a), effective as of the Closing Date, each Affected Employee who is eligible to participate in the Federal Signal Corporation Retirement Plan (“Seller Retirement Plan”) shall cease accruing benefits under such plan and shall be fully vested in his or her accrued benefit under the Seller Retirement Plan.


More Definitions of Seller Retirement Plan

Seller Retirement Plan means a Seller Benefit Plan that is both a defined contribution retirement plan and intended to satisfy the requirements of section 401(a) of the Code.
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Seller Retirement Plan has the meaning set forth in ss.6(d)(iii).
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Seller Retirement Plan shall have the meaning assigned to such term in Section 9(c). 2.40 "Settlement Date" shall mean the date referred to in Section 3.4(g).
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Seller Retirement Plan has the meaning set forth in Section 5.11.7.
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Seller Retirement Plan means the 401(k) Retirement Plan in effect at the Sellers.
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Seller Retirement Plan has the meaning set out in Paragraph 1.1 of Schedule 5;
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Seller Retirement Plan means each of the L3Harris Technologies, Inc. Retirement Savings Plan (RSP) and the L3Harris Technologies, Inc. Excess Retirement Savings Plan (ERSP), each as amended from time to time.
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