Common use of Benefit Arrangements Clause in Contracts

Benefit Arrangements. Each Benefit Arrangement has been maintained in compliance, in all material respects, with its terms and with the requirements prescribed by any and all statutes, orders, rules and regulations which are applicable to such Benefit Arrangement, including without limitation, the Code, and with all plan documents. Except as set forth in SCHEDULE 4.8 and except as provided by law, the employment of all persons presently employed or retained by the Company is terminable at will.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Insight Health Services Corp), Securities Purchase Agreement (Insight Health Services Corp), Securities Purchase Agreement (Insight Health Services Corp)

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Benefit Arrangements. Each Benefit Arrangement has been maintained in compliance, in all material respects, compliance with its terms and with the requirements prescribed by any and all statutes, orders, rules and regulations which are applicable to such Benefit Arrangement, including without limitation, limitation the Code, and with all plan documents. Except as set forth in SCHEDULE 4.8 and except as provided by law, the employment of all persons presently employed or retained by the Company is terminable at will.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Nextera Enterprises Inc), Agreement and Plan of Merger (Oec Compression Corp), Agreement and Plan of Merger (Hanover Compressor Co /)

Benefit Arrangements. Each Benefit Arrangement has -------------------- been maintained in compliance, in all material respects, respects in compliance with its terms and with the requirements prescribed by any and all statutes, orders, rules and regulations which are applicable to such Benefit Arrangement, including without limitation, the Code, and with all plan documents. Except as set forth in SCHEDULE Schedule 4.8 and except as provided ------------ by law, the employment of all persons presently employed or retained by the Company is terminable at will.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Prometheus Homebuilders Funding Corp), Stock Purchase Agreement (Prometheus Homebuilders Funding Corp)

Benefit Arrangements. Each Benefit Arrangement has been -------------------- maintained in compliance, in all material respects, with its terms and with the requirements prescribed by any and all statutes, orders, rules and regulations which are applicable to such Benefit Arrangement, including without limitation, the Code, and with all plan documents. Except as set forth in SCHEDULE 4.8 Schedule 4.13 and except as provided by law, the employment of all persons presently employed or retained by the Company is terminable at will.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Tc Group LLC), Securities Purchase Agreement (Tc Group LLC)

Benefit Arrangements. Each Benefit Arrangement has been maintained in compliancemaintained, in all material respects, in compliance with its terms and with the requirements prescribed by any and all statutes, orders, rules and regulations which are applicable to such Benefit Arrangement, including without limitation, but not limited to ERISA and the Code, and with all plan documents. Except as set forth in SCHEDULE 4.8 and except as provided by law, the employment of all persons presently employed or retained by the Company is terminable at will.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Lillian Vernon Corp), Asset Purchase Agreement (Semx Corp)

Benefit Arrangements. Each Benefit Arrangement which covers or has covered employees or former employees of the Company (with respect to their relationship to the Company) presently complies and has been maintained in compliance, compliance in all material respects, respects with its terms and with the requirements prescribed by any and all statutes, orders, rules and regulations which are applicable to such Benefit Arrangement, including including, without limitation, the Code, and with all plan documents. Except as provided by law or in any employment agreement set forth in on SCHEDULE 4.8 and except as provided by law3.19, the employment of all persons presently employed or retained by the Company is terminable at will.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Varian Medical Systems Inc), Agreement and Plan of Merger (Guitar Center Inc)

Benefit Arrangements. Each Benefit Arrangement presently complies and has been maintained in compliance, compliance in all material respects, respects with its terms and with the requirements prescribed by any and all statutes, orders, rules and regulations which are applicable to such Benefit Arrangement, including including, without limitation, the Code, and with all plan documents. Except as provided by law or in any employment agreement set forth in SCHEDULE 4.8 on Schedule 3.19 or the Employment and except as provided by lawNon-Compete Agreements, the employment of all persons presently employed or retained by the Company Empower is terminable at will.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Intelligroup Inc), Agreement and Plan of Merger (Intelligroup Inc)

Benefit Arrangements. Each Benefit Arrangement has been -------------------- maintained in compliance, in all material respects, respects in compliance with its terms and with the requirements prescribed by any and all statutes, orders, rules and regulations which are applicable to such Benefit Arrangement, including without limitation, the Code, and with all plan documents. Except as set forth in SCHEDULE Schedule 4.8 and except as provided by law, the ------------ employment of all persons presently employed or retained by the Company is terminable at will.. (v)

Appears in 1 contract

Samples: Stock Purchase Agreement (Prometheus Homebuilders LLC)

Benefit Arrangements. Each Benefit Arrangement has been maintained in compliance, in all material respects, respects in compliance with its terms and with the requirements prescribed by any and all statutes, orders, rules and regulations which are applicable to such Benefit Arrangement, including without limitation, the Code, and with all plan documents. Except as set forth in SCHEDULE Schedule 4.8 and except as provided by law, the employment of all persons presently employed or retained by the Company is terminable at will.

Appears in 1 contract

Samples: Stock Purchase Agreement (Fortress Group Inc)

Benefit Arrangements. Each Benefit Arrangement has been maintained in compliance, in all material respects, with its terms and with the requirements prescribed by any and all statutes, orders, rules and regulations which are applicable to such Benefit Arrangement, including without limitation, the Code, and with all plan documents. Except as set forth in SCHEDULE 4.8 Schedule 4.13 and except as provided by law, the employment of all persons presently employed or retained by the Company is terminable at will.

Appears in 1 contract

Samples: Securities Purchase Agreement (Aviall Inc)

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Benefit Arrangements. Each Benefit Arrangement presently complies and has been maintained in compliance, in all material respects, compliance with its terms and with the requirements prescribed by any and all statutes, orders, rules and regulations which are applicable to such Benefit Arrangement, including including, without limitation, the Code, and with all plan documents. Except as set forth in SCHEDULE 4.8 and except as provided by law, the employment of all persons presently employed or retained by the Company Seller is terminable at will.

Appears in 1 contract

Samples: Asset Purchase Agreement (On Point Technology Systems Inc)

Benefit Arrangements. Each Benefit Arrangement presently complies and has been maintained in compliance, compliance in all material respects, respects with its terms and with the requirements prescribed by any and all statutes, orders, rules and regulations Laws which are applicable to such Benefit Arrangement, including without limitation, the Code, and with all plan documents. Except as set forth in SCHEDULE 4.8 and except as provided by lawlaw or any collective bargaining agreement or in any employment agreement described on SCHEDULE 3.18, the employment of all persons Persons presently employed or retained by any of the Company Xxxxx Entities is terminable at will.

Appears in 1 contract

Samples: Stock Purchase Agreement (Viad Corp)

Benefit Arrangements. Each Benefit Arrangement has -------------------- been maintained in compliance, in all material respects, with its terms and with the requirements prescribed by any and all statutes, orders, rules and regulations which are applicable to such Benefit Arrangement, including without limitation, the Code, and with all plan documents. Except as set forth in SCHEDULE Schedule 4.8 and ------------ except as provided by law, the employment of all persons presently employed or retained by the Company is terminable at will.

Appears in 1 contract

Samples: Securities Purchase Agreement (Tc Group LLC)

Benefit Arrangements. Each Benefit Arrangement which covers or has covered employees or former employees of any Target (with respect to their relationship with such entities) has been maintained in compliance, in all material respects, compliance with its terms and with the requirements prescribed by any and all statutes, orders, rules and regulations which are applicable to such Benefit Arrangement, including without limitation, limitation the Code, and with all plan documents. Except as set forth in SCHEDULE 4.8 the Disclosure Schedule, and except as provided by law, the employment of all persons presently employed or retained by the Company each Target is terminable at will.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Ambassadors International Inc)

Benefit Arrangements. Each Benefit Arrangement has been maintained is in compliance, in all material respects, compliance with its terms and with the requirements prescribed by any and all statutes, orders, rules and regulations which are applicable to such Benefit Arrangement, including without limitation, limitation the Code, and with all plan documents. Except as set forth in SCHEDULE 4.8 on Schedule 4.15 and except as provided by law, the employment of all persons presently employed or retained by the Company and its Subsidiaries is terminable at will.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Angeion Corp/Mn)

Benefit Arrangements. Each Benefit Arrangement has been -------------------- maintained in compliance, in all material respects, compliance with its terms and with the requirements prescribed by any and all statutes, orders, rules and regulations which are applicable to such Benefit Arrangement, including without limitation, limitation the Code, and with all plan documents. Except as set forth in SCHEDULE 4.8 the Disclosure Schedule, and except as provided by law, the employment of all persons presently employed or retained by the Company is terminable at will.

Appears in 1 contract

Samples: Stock Purchase Agreement (City Truck Holdings Inc)

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