Common use of Benefit Plans; ERISA Clause in Contracts

Benefit Plans; ERISA. (a) The Disclosure Schedule lists each Benefit Plan together with a brief description of the type of plan and benefit provided thereunder. The Company has made no commitment, proposal, or communication to employees regarding the creation of an additional Plan or any increase in benefits under any Benefit Plan. The Company has provided to DPII (i) a copy of each Benefit Plan (including amendments) or, where substantially similar arrangements exist, a sample copy and a list of persons participating in such arrangement, (ii) the three (3) most recent annual reports on the Form 5500 series for each Benefit Plan required to file such report, (iii) the most recent IRS determination letter with respect to each Qualified Plan and (iv) the most recent trustee's report for each Benefit Plan funded through a trust.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Discovery Partners International Inc), Agreement and Plan of Merger (Axys Pharmecueticals Inc), Agreement and Plan of Merger (Discovery Partners International Inc)

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Benefit Plans; ERISA. (a) The DPII Disclosure Schedule lists each Benefit Plan together with a brief description of the type of plan and benefit provided thereunder. The Company DPII has made no commitment, proposal, or communication to employees regarding the creation of an additional Plan or any increase in benefits under any Benefit Plan. The Company DPII has provided to DPII Axys (i) a copy of each Benefit Plan (including amendments) or, where substantially similar arrangements exist, a sample copy and a list of persons participating in such arrangement, (ii) the three (3) most recent annual reports on the Form 5500 series for each Benefit Plan required to file such report, (iii) the most recent IRS determination letter with respect to each Qualified Plan and (iv) the most recent trustee's report for each Benefit Plan funded through a trust.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Axys Pharmecueticals Inc), Agreement and Plan of Merger (Discovery Partners International Inc), Agreement and Plan of Merger (Discovery Partners International Inc)

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