Transferred Entity Benefit Plan definition

Transferred Entity Benefit Plan means each Benefit Plan that is (i) sponsored, maintained or contributed to solely by one or more Transferred Entities, or (ii) exclusively for the benefit of the Business Employees and/or former employees of any Transferred Entity, in each case excluding any such Benefit Plan for which Seller shall retain all liabilities under the terms of this Agreement.

Transferred Entity Benefit Plan means any Benefit Plan sponsored or maintained by any AOL Transferred Entity.

Transferred Entity Benefit Plan means each Benefit Plan that is (a) sponsored, maintained or contributed to solely by one or more Transferred Entities, (b) contributed to by one or more of the Transferred Entities pursuant to a CBA of to which a Transferred Entity is a signatory party, or (c) an individual agreement entered into between a Transferred Entity and a Business Employee (provided that, for the avoidance of doubt, no such employee who is eligible for or receiving long-term disability benefits under a Seller Benefit Plan as of immediately prior to the Closing shall be a Transferred Entity Employee).

Examples of Transferred Entity Benefit Plan in a sentence

• Section 3.19(a) of the Sellers Disclosure Letter lists all material Benefit Plans, specifically identifying each Transferred Entity Benefit Plan.

• The Parties intend that the Transactions shall result in the Transferred Entities’ retention of each Transferred Entity Benefit Plan (together with all corresponding assets and Liabilities).

• With respect to each material Transferred Entity Benefit Plan and Seller Benefit Plan, no later than forty-five (45) days following the date of this Agreement, Sellers shall cause to be made available to Buyer Parent correct and complete copies of (or, to the extent no such copy exists, a description of), in each case, to the extent applicable, all plan documents, summaries of material modifications, and amendments related to such plans.

• With respect to each such Transferred Entity Benefit Plan, the Parent has made available to Purchaser a copy thereof (provided that compensation amounts and other personal information may be redacted from each applicable employment agreement) and the most recent actuarial valuation report, if applicable.

• No Transferred Entity Benefit Plan covers any employees or other service providers outside of the United States.

More Definitions of Transferred Entity Benefit Plan

Transferred Entity Benefit Plan means each Benefit Plan that, as of immediately prior to the Closing, is sponsored, maintained or entered into by one or more Transferred Entities.

Transferred Entity Benefit Plan has the meaning set forth in Section 4.8(a).

Transferred Entity Benefit Plan means a Benefit Plan sponsored or maintained by a Transferred Entity or Subsidiary of a Transferred Entity for the benefit of current or former Business Employees (or any dependent or beneficiary thereof). With respect to each material Transferred Entity Benefit Plan and Seller Benefit Plan, no later than forty-five (45) days following the date of this Agreement, Sellers shall cause to be made available to Buyer Parent correct and complete copies of (or, to the extent no such copy exists, a description of), in each case, to the extent applicable, all plan documents, summaries of material modifications, and amendments related to such plans.

Transferred Entity Benefit Plan means each Benefit Plan that is (i) sponsored, maintained or contributed to solely by one or more Transferred Entities, or (ii) that is exclusively for the benefit of the Business Employees and/or Former Business Employees (other than any Retention Agreement).

Transferred Entity Benefit Plan means each Benefit Plan that is sponsored, maintained, contributed to or entered into by any Transferred Entity, other than (i) any plan, program or arrangement sponsored by a Governmental Entity or (ii) any Multiemployer Plan. For the avoidance of doubt, no Seller Benefit Plan shall be deemed to be a Transferred Entity Benefit Plan.

Transferred Entity Benefit Plan means each Benefit Plan that, as of immediately prior to the Closing, is sponsored, maintained, contributed to or required to be contributed to solely by one or more Transferred Entities or to which one or more Transferred Entities is a party and, for the avoidance of doubt, will not include any Retained Benefit Plan.

Transferred Entity Benefit Plan means each Benefit Plan that, as of immediately prior to the Closing, is sponsored, maintained or contributed to solely by one or more Transferred Entities, or to which one or more Transferred Entities is a party.