Employee Benefits and Plans. Plan Name Plan Number Blue Cross of California 270808 Xxxxxxxxxx Xxxxxx & Xxxxxx XX0000 Xxxxxx Xxxxxx Life Insurance Co. G188117 (American General Group) Unum Life Insurance Company of America 526598 (long term disability benefit) Vision Service Plan - CA 120926330001 Prolong Super Lubricants, Inc. N/A 401(K) Profit Sharing Plan Prolong Super Lubricants, Inc. N/A Cafeteria Plan Workers Compensation Insurance UB153D1024 Provided by Travelers Insurance AFLAC N/A (Voluntary plan for employees) No Employer contribution Amended and Restated 1997 Stock Incentive Plan N/A Parent pays Xxxxx Xxxx, a significant stockholder of Parent, a monthly death benefit payment of $2,500 resulting from the death of her husband. Pursuant to an Employment Agreement Termination Agreement, Xxxxxx Xxxxxxx is entitled to medical, disability or life insurance benefits until April 2004 and will be paid a severance payment equal to $45,000 payable monthly over a 12 month period commencing October 4, 2003. Parent has entered into Employment Agreements with each of Xxxxx Xxxxxxxx, Xxxxxx X. Xxxxxxxxx and Xxxxxxxx Xxxxxx. Parent’s employee handbook sets forth the vacation policy for the employees of Parent. Schedule 5.23.3 Employee Benefit Plan Exceptions No exceptions. Schedule 5.23.5
Employee Benefits and Plans. (a) Schedule 9.16(a) sets forth a true and complete list of each “employee benefit plan” as defined in Section 3(3) of ERISA, and any other plan, policy, program practice, agreement, understanding or arrangement (whether written or oral) providing compensation or other benefits to any current or former director, officer, employee or consultant (or to any dependent or beneficiary thereof) of Viking or any ERISA Affiliates (as defined below), which are now, or were within the past six years, maintained, sponsored or contributed to by Viking or any ERISA Affiliate, or under which Viking or any ERISA Affiliate has any obligation or liability, whether actual or contingent, including, without limitation, all incentive, bonus, deferred compensation, vacation, holiday, cafeteria, medical, disability, stock purchase, stock option, stock appreciation, phantom stock, restricted stock or other stock-based compensation plans, policies, programs, practices or arrangements (each a “Viking Benefit Plan”). For purposes of this Agreement, “ERISA Affiliate” shall mean any entity (whether or not incorporated) other than Viking that is considered under common control and treated as one employer under Section 414(b), (c), (m) or (o) of the Internal Revenue Code of 1986, as amended (the “Code”). Viking does not have, and to the knowledge of Viking, no other Person, has any express or implied commitment, whether legally enforceable or not, to modify, change or terminate any Viking Benefit Plan, other than with respect to a modification, change or termination required by ERISA, the Code or any other applicable law or governmental rule or regulation. |
Employee Benefits and Plans. (i) Schedule 5.2(ff) to this Agreement lists all Employee Plans of the Company and its Subsidiaries. Neither the Company nor any of its Subsidiaries is obligated to adopt any additional Employee Plans. True, correct and complete copies of all Employee Plans and related documents, including amendments thereto, any related trust agreements, any documents setting out the Company's and its Subsidiaries' personnel policies and procedures, any insurance contracts under which benefits are provided, as currently in effect, and descriptions of any such plan that is not written, have been supplied to Acquisition. Acquisition has also been provided with a copy of the Summary Plan Description, if any, for each Employee Plan, as well as copies of any other summaries or descriptions of any such Employee Plans that are currently provided to employees or other beneficiaries.
Employee Benefits and Plans. (a) Schedule 11.16(a) sets forth a true and complete list of each "employee benefit plan" as defined in Section 3(3) of ERISA, and any other plan, policy, program practice, agreement, understanding or arrangement (whether written or oral) providing compensation or other benefits to any current or former director, officer, employee or consultant (or to any dependent or beneficiary thereof) of Viking or any ERISA Affiliates (as defined below), which are now, or were within the past six years, maintained, sponsored or contributed to by Viking or any ERISA Affiliate, or under which Viking or any ERISA Affiliate has any obligation or liability, whether actual or contingent, including, without limitation, all incentive, bonus, deferred compensation, vacation, holiday, cafeteria, medical, disability, stock purchase, stock option, stock appreciation, phantom stock, restricted stock or other stock-based compensation plans, policies, programs, practices or arrangements (each a "Viking Benefit Plan"). For purposes of this Agreement, "
Employee Benefits and Plans. (i) Schedule 5.2(aa) to this Agreement lists all Employee Plans of the Company and its Subsidiaries. Neither the Company nor any of its Subsidiaries is obligated to adopt any additional Employee Plans. A copy of the Employee Plans and the summary plan description, if any, for each Employee Plan, as well as copies of any other summaries or descriptions of any such Employee Plans that are currently provided to employees or other beneficiaries have been made available to Acquisition Corp.
Employee Benefits and Plans. (a) Schedule 3.21(a) sets forth a true and complete list of each "employee benefit plan" as defined in Section 3(3) of the ERISA, and any other plan, policy, program practice, agreement, understanding or arrangement (whether written or oral) providing compensation or other benefits to any current or former director, officer, employee or consultant (or to any dependent or beneficiary thereof) of the Company or any ERISA Affiliate (as defined below), which are now, or were within the past 6 years, maintained, sponsored or contributed to by the Company or any ERISA Affiliate, or under which the Company or any ERISA Affiliate has any obligation or liability, whether actual or contingent, including, without limitation, all incentive, bonus, deferred compensation, vacation, holiday, cafeteria, medical, disability, stock purchase, stock option, stock appreciation, phantom stock, restricted stock or other stock-based compensation plans, policies, programs, practices or arrangements (each a "Company Benefit Plan"). For purposes of this Agreement, "
Employee Benefits and Plans. Except as set forth on Schedule 5.12, none of Borrowers, any of their Subsidiaries, or any of their ERISA Affiliates maintains or contributes to any Benefit Plan, or any defined benefit plan not subject to ERISA. With respect to each Plan, (i) all contributions to, and payments from, each such Plan which may have been required to be made in accordance with the terms thereof, the recommendations of such Plan's actuary and where applicable, the laws of the jurisdictions which govern such Plan, have been made in a timely manner and (ii) the assets of each such Plan which is a Benefit Plan are at least equal to the liabilities thereof based on the actuarial assumptions utilized in most recent valuation performance by the Plan actuary.
Employee Benefits and Plans. (a) Schedule 3.21(a) sets forth a true and complete list of each "employee benefit plan" as defined in Section 3(3) of the ERISA, and any other plan, policy, program practice, agreement, understanding or arrangement (whether written or oral) providing compensation or other benefits to any current or former director, officer, employee or consultant (or to any dependent or beneficiary thereof) of the Company or any ERISA Affiliate (as defined below), which are now, or were within the past 6 years, maintained, sponsored or contributed to by the Company or any ERISA Affiliate, or under which the Company or any ERISA Affiliate
Employee Benefits and Plans. (a) Schedule 3.11 attached hereto lists each "employee benefit plan", as defined in Section 3(3) of ERISA, (i) which is subject to any provision of ERISA, (ii) which is maintained, administered, or contributed to by Seller, and (iii) which covers any employee or former employee of Seller or under which Seller has any liability. In addition, Schedule 3.11 lists all deferred compensation plans, all supplemental death, disability, medical reimbursement, severance, bonus and all other employee benefit plans of any kind or character, whether written or oral, that Seller either participates in or maintains (the plans referenced in this sentence and the preceding sentence hereinafter referred to collectively as the "Seller Plans"). Seller has made available to Buyer accurate and complete copies of the Seller Plans (and, if applicable, the related trust agreements) and all amendments thereto.
Employee Benefits and Plans. 22 4.23 Insurance..................................................... 22 4.24
