Target Benefit Plans definition

Target Benefit Plans shall have the meaning set forth in Section 5.14 of this Agreement.

Target Benefit Plans shall have the meaning set forth in Section 4.08.

Target Benefit Plans has the meaning set forth in Section 3.22(a).

Examples of Target Benefit Plans in a sentence

• Employee agrees that during the Term he will render exclusive services to Company and devote his full time, effort and energies during business hours to his responsibilities for the Company, and that he shall faithfully and to the best of his ability discharge those duties.

• The definition of Compensation for Employers who adopt a plan established under a Standardized Adoption Agreement, plans that provide permitted disparity (other than the CODA portion of these plans), Target Benefit Plans, and for Employers determining top-heavy minimum contributions, must be one of the three safe harbor definitions of Compensation.

• For purposes of this definition of years of Projected Participation, if this Plan is a Prior Safe Harbor Plan, the Plan is deemed to satisfy the safe harbor for Target Benefit Plans in Regulations Section 1.401(a)(4)-8(b)(3) and a Participant is treated as benefiting under the Plan in any Plan Year beginning prior to January 1, 1994.

• Purchaser also shall credit New Purchaser Employees for amounts paid under Target Benefit Plans for the plan year for purposes of applying deductibles, co-payments and out-of-pocket maximums under the employee benefit plans of Purchaser.

• Regardless of this, exposed actors and institutions should be prepared for storm surges like those in 1872 and 1913.

More Definitions of Target Benefit Plans

Target Benefit Plans has the meaning set forth in Section 8.18(a) of the Agreement.

Target Benefit Plans has the meaning ascribed thereto in Section 3.1(cc)(i);

Target Benefit Plans means, collectively, the Employee Benefit Plans, the Employee Pension Benefit Plans and the Employee Welfare Benefit Plans sponsored and maintained by Target and its Subsidiaries and that will be retained by Target and its Subsidiaries as of the Closing Date.

Target Benefit Plans means each written or oral employee benefit plan, scheme, program, policy, arrangement and contract (including, but not limited to, any “employee benefit plan”, as defined in Section 3(3) of ERISA, whether or not subject to ERISA, and any bonus, deferred compensation, stock bonus, stock purchase, restricted stock, stock option or other equity-based arrangement, and any employment, termination, retention, bonus, change in control or severance plan, program, policy, arrangement or contract) for the benefit of any current or former officer, employee or director of Target or any of its Subsidiaries that is maintained or contributed to by Target, any of its Subsidiaries, or with respect to which any of them could incur liability under the Code or ERISA or any similar non-U.S. law, but shall exclude Multiemployer Plans.

Target Benefit Plans means any Benefit Plan (i) to which Target or any of its Subsidiaries is a party, (ii) sponsored, maintained or contributed to, or required to be maintained or contributed to by Target or any of its Subsidiaries or (iii) with respect to which Target or any of its Subsidiaries has or could reasonably be expected to have any obligation or liability; for the avoidance of doubt, any Benefit Plan sponsored or maintained by Paychex, pursuant to the Paychex Agreement, in which any current or former employee of the Target Group or such employee’s dependents or beneficiaries participates (such a Benefit Plan, a “Paychex Plan”) shall be a Target Benefit Plan;

Target Benefit Plans means any Employee Benefits Arrangement that is sponsored or maintained directly by a member of the Target Group for Target Employees or Former Employees;

Target Benefit Plans has the meaning given to that term in Section 2.10(a) of this Agreement.