Employee Benefit Plans and Employment Matters. (a) The Parent has no employee benefit plans, pension plans or multi-employee Plans.
Employee Benefit Plans and Employment Matters. (a) The Company has no employee benefit plans, pension plans or multi-employee Plans.
Employee Benefit Plans and Employment Matters. (a) Except as disclosed in Section 5.10(a) of the Company Disclosure Schedule, neither any Company Party nor any ERISA Affiliate (as hereinafter defined) maintains any Employee Benefit Plan.
Employee Benefit Plans and Employment Matters. (a) Section 3.14(a) of the Acquiror Disclosure Schedule lists all employee benefit plans, collective bargaining agreements, labor contracts, and employment agreements not otherwise disclosed in the Acquiror Current Reports in which Acquiror or any Acquiror Subsidiary participates, or by which any of them are bound, including, without limitation, (i) any profit sharing, deferred compensation, bonus, stock option, stock purchase, pension, welfare, and incentive plan or agreement; (ii) any plan providing for "fringe benefits" to their employees, including, but not limited to, vacation, sick leave, medical, hospitalization and life insurance; (iii) any written employment agreement and any other employment agreement not terminable at will; and (iv) any other "employee benefit plan" (within the meaning of Section 3(3) of the Employment Retirement Income Security Act of 1974 ("ERISA")). Acquiror and the Acquiror Subsidiaries are in compliance in all material respects with the requirements prescribed by all Laws currently in effect applicable to employee benefit plans and to any employment agreements, including, but not limited to, ERISA and the Code. Acquiror and the Acquiror Subsidiaries have each performed all of its obligations under all such employee benefit plans and employment agreements in all material respects. There is no pending or, to the knowledge of Acquiror, threatened legal action, proceeding or investigation against or involving any Acquiror or Acquiror Subsidiary employee benefit plan which could result in a material amount of liability to such employee benefit plan or to Acquiror, other than routine claims for benefits involving less than $100,000 for each such routine claim and $250,000 for all such routine claims in the aggregate.
Employee Benefit Plans and Employment Matters. (a) After the Effective Time, all employees of IRT who are employed by the Company shall be eligible to participate in the same manner as other similarly situated employees of the Company in any "employee benefit plan," as defined in Section 3(3) of ERISA, sponsored or maintained by the Company after the Effective Time or, if the Company determines it is not practicable for such employees to do so immediately after the Effective Time, then such employees shall continue to be eligible to participate in an employee benefit plan of IRT which is continued by the Company until such time as the Company determines it is practicable to include them in its employee benefit plans for similarly situated employees of the Company as contemplated above. With respect to each such employee benefit plan, service with IRT or any of its Subsidiaries (as applicable) and the predecessor of any of them (to the extent past service has been so recognized by IRT as of the Effective Time) shall be included for purposes of determining eligibility to participate, vesting (if applicable) and determination of the level of entitlement to benefits, under such employee benefit plan. The Company shall, or shall cause its Subsidiaries to, (i) waive, to the extent permitted by the related plans, third-party providers and carriers, all limitations as to preexisting conditions, exclusions and waiting periods with respect to participation and coverage requirements applicable to all employees of IRT who are employed by the Company under any welfare plan that such employees may be eligible to participate in after the Effective Time, other than limitations or waiting periods that are already in effect with respect to such employees and that have not been satisfied as of the Effective Time under any welfare plan maintained for such employees immediately prior to the Effective Time, and (ii) provide each such employee of IRT who is employed by the Company with credit for any co-payments and deductibles paid prior to the Effective Time in satisfying any applicable deductible or out-of-pocket requirements under any welfare plans that such employees are eligible to participate in after the Effective Time.
Employee Benefit Plans and Employment Matters. (a) SurePure US has no employee benefit plans, pension plans or multi-employee Plans.
Employee Benefit Plans and Employment Matters. (a) Section 4.10 of the EFCC Disclosure Schedule lists all employee benefit plans, collective bargaining agreements, labor contracts and employment agreements not otherwise disclosed in the EFCC SEC Filings, which provide for the annual payment of more than $25,000 in which EFCC participates, or by which it is bound, including, without limitation: (i) any profit sharing, deferred compensation, bonus, stock option, stock purchase, pension, welfare, and incentive plan or agreement; (ii) any plan providing for "fringe benefits" to its employees, including, but not limited to, vacation, sick leave, medical, hospitalization and life insurance; (iii) any written employment agreement and any other employment agreement not terminable at will; and (iv) any other "employee benefit plan" (within the meaning of Section 3(3) of ERISA) that is not exempted from the coverage of ERISA by reason of the Department of Labor regulations. EFCC is in compliance in all material respects with the requirement prescribed by all laws currently in effect applicable to employee benefit plans and to any employment agreement, including, but not limited to, ERISA and the Code. EFCC has performed all of its obligations under all such employee benefit plans and employment agreements in all material respects. There is no pending or, to the knowledge of EFCC, threatened legal action, proceeding or investigation against or involving any EFCC employee benefit plan which could result in a material amount of liability to such employee benefit plan or to EFCC.
Employee Benefit Plans and Employment Matters. Integrated has no employee benefit plans, pension plans or multi-employee Plans.
Employee Benefit Plans and Employment Matters. (a) Section 4.12(a) of the Company Disclosure Schedule lists all employee benefit plans, collective bargaining agreements, labor contracts, and employment agreements not otherwise disclosed in the Company Current Reports in which the Company or any Company Subsidiary participates, or by which any of them are bound, including, without limitation, (i) any profit sharing, deferred compensation, bonus, stock option, stock purchase, pension, welfare, and incentive plan or agreement; (ii) any plan providing for "fringe benefits" to their employees, including, but not limited to, vacation, sick leave, medical, hospitalization and life insurance; (iii) any written employment agreement and any other employment agreement not terminable at will; and (iv) any other "employee benefit plan" (within the meaning of Section 3(3) of ERISA). The Company and the Company Subsidiaries are in compliance in all material respects with the requirements prescribed by all Laws currently in effect applicable to employee benefit plans and to any employment agreements, including, but not limited to, ERISA and the Code. The Company and the Company Subsidiaries have each performed all of its obligations under all such employee benefit plans and employment agreements in all material respects. There is no pending or, to the knowledge of the Company, threatened legal action, proceeding or investigation against or involving any Company or Company Subsidiary employee benefit plan which could result in a material amount of liability to such employee benefit plan or to the Company, other than routine claims for benefits involving less than $25,000 for each such routine claim and $100,000 for all such routine claims in the aggregate.
Employee Benefit Plans and Employment Matters. (i) Section 3.01(h)(i) of the Target Companies Disclosure Schedule contains an accurate and complete list as of the date hereof of each collective bargaining agreement and each material plan or other arrangement providing for compensation, severance benefits, vacation pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits, whether written or unwritten, including, without limitation, any "employee benefit plan" within the meaning of Section 3(3) of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), providing benefits to any current or former employee, officer or director of either of the Target Companies, any of their wholly owned subsidiaries or any joint venture in which either of the Target Companies or any of their wholly owned subsidiaries participates (each a "Target Companies Affiliate"), or with respect to which either of the Target Companies or any Target Companies Affiliate has or may in the future have material liability (collectively, the "Target Companies Benefit Plans").
