Common use of Employee Plan Compliance Clause in Contracts

Employee Plan Compliance. (i) The Company and each ERISA Affiliate has performed all material obligations required to be performed by them under, is not in default or violation in any material respect of, and the Company and each of its Subsidiaries has no knowledge of any material default or violation by any other party to, any Company Employee Plan, and each Company Employee Plan has been registered, established and maintained in all material respects in accordance with its terms and in material compliance with all applicable Legal Requirements, including, but not limited to, ERISA or the Code.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Secure Computing Corp), Agreement and Plan of Merger (McAfee, Inc.), Agreement and Plan of Merger (Answers CORP)

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Employee Plan Compliance. (i) The Company Company, the Subsidiary, and each the ERISA Affiliate has Affiliates have performed in all material respects all obligations required to be performed by them under, is are not in default or violation in any material respect of, and the Company and each of its Subsidiaries has have no knowledge (and no Shareholder has knowledge) of any material default or violation by any other party to, any to each Company Employee Plan, and each Company Employee Plan has been registered, established and maintained in all material respects in accordance with its terms and in material compliance with all applicable Legal Requirementslaws, includingstatutes, orders, rules and regulations, including but not limited to, to ERISA or the Code.

Appears in 1 contract

Samples: Securities Purchase Agreement (Pc Tel Inc)

Employee Plan Compliance. (i) The Company and each ERISA Affiliate has performed all material obligations required to be performed by them under, is not in default or violation in any material respect of, and the Company and each of its Subsidiaries ERISA Affiliate has no knowledge Knowledge of any material default or violation by any other party to, any Company Employee PlanPlan or Employee Agreement, and each Company Employee Plan and Employee Agreement has been registered, established and maintained in all material respects in accordance with its terms and in material compliance with all applicable Legal Requirementslaws, statutes, orders, rules and regulations, including, but not limited to, ERISA or and the Code.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Quantum Corp /De/)

Employee Plan Compliance. (i) The Company and each of its ERISA Affiliate has Affiliates has, performed all material obligations required to be performed by them under, is not in default or violation in any material respect of, and the Company and each of its Subsidiaries has no knowledge of any material default or violation by any other party to, under any Company Employee Plan, and each Company Employee Plan has been registered, established and maintained in all material respects administered materially in accordance with its terms and in material compliance with all applicable Legal Requirementslaws, including, but not limited to, including ERISA or the Code.

Appears in 1 contract

Samples: Stock Purchase Agreement (Cool Holdings, Inc.)

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Employee Plan Compliance. (i) The Company and each ERISA Affiliate has performed in all material respects all obligations required to be performed by them it under, is not in material default or violation in any material respect of, and the Company and each of its Subsidiaries has no knowledge Knowledge of any material default or violation by any other party to, any to each Company Employee Plan, and each . Each Company Employee Plan has been registered, established and maintained in all material respects in accordance with its terms and in material compliance with all applicable Legal Requirementslaws, includingstatutes, orders, rules and regulations, including but not limited to, to ERISA or (including “blackout” notice requirements thereof) and the Internal Revenue Code.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Audience Inc)

Employee Plan Compliance. (i) The Company and each of its ERISA Affiliate has Affiliates have performed all material obligations required to be performed by them under, is and in material compliance with, the requirements prescribed by any and all applicable statutory or regulatory Legal Requirements, are not in default or violation in any material respect of, and the Company and each of its Subsidiaries has no knowledge Knowledge of any material default or violation by any other party to, any Company Employee Plan, and each Company Employee Plan has been registered, established and maintained in all material respects in accordance with its terms and in material compliance with all applicable Legal Requirements, including, but not limited to, ERISA or the Code.or

Appears in 1 contract

Samples: Purchase Agreement by And (eHealth, Inc.)

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