Specified Employee Plans definition
Examples of Specified Employee Plans in a sentence
Unless previously effectuated by separate order entered by the Bankruptcy Court, entry of the Confirmation Order shall constitute the Bankruptcy Court’s approval of the Debtors’ assumption of each of the Specified Employee Plans.
Confirmation and Consummation of this Plan shall not impair or otherwise modify any available defenses of the Reorganized Debtors or other applicable parties under the Specified Employee Plans.
All Claims arising from the Specified Employee Plans shall survive the Effective Date and be Unimpaired.
Any plans, programs or arrangements that are not Specified Employee Plans relating to employees, compensation, or employee benefits shall be terminated or rejected, as appropriate.
All claims arising from the Specified Employee Plans shall be treated in accordance with the Bankruptcy Code.
Confirmation and Consummation of this Plan shall not impair or otherwise modify any available defenses of the Reorganized Debtors under the Specified Employee Plans.
Any of the Specified Employee Plans which is an "employee pension benefit plan," as that term is defined in Section 3(2) of ERISA, or an "employee welfare benefit plan" as that term is defined in Section 3(1) of ERISA, is referred to herein as an "ERISA Plan." Except as set forth in Schedule 3.15(a), New Image and each of its Subsidiaries have made all contributions due as of the Closing under or with respect to the Specified Employee Plans.
Issuer has provided the Purchaser with complete and correct copies of all Specified Employee Plans.
All claims arising from the Specified Employee Plans shall be unimpaired by the Plan.
There are no severance, bonus, retention, change in control or similar payments due to any Specified Employees as a result of or in connection with the transactions contemplated by this Agreement under the Specified Employee Plans or otherwise.