Other Welfare Plans Sample Clauses

Other Welfare Plans. Other Welfare Plans, when immediately preceded by “Xxxx-XxXxx,” means the Xxxx-XxXxx Long Term Care Program and the Xxxx-XxXxx Educational Assistance Program, regardless of whether such plans are subject to ERISA. When immediately preceded by “Tronox,” Other Welfare Plans means the welfare plans, if any, to be established by Tronox pursuant to Section 2.03 that correspond to the Xxxx-XxXxx Long Term Care Program and the Xxxx-XxXxx Educational Assistance Program, respectively.
Sample 1Sample 2
AutoNDA by SimpleDocs
Other Welfare Plans. Any Transferred Individual who is enrolled in a course that is being reimbursed through the Xxxx-XxXxx Corporation Educational Assistance Program as of the Distribution Date shall be provided with continued reimbursement without interruption for such course to the extent provided under the Xxxx-XxXxx Corporation Educational Assistance Program. If Tronox does not sponsor an Employee Benefit Plan that reimburses such Transferred Individual, Xxxx-XxXxx’x plan shall provide the continued reimbursement as provided under the Xxxx-XxXxx Corporation Educational Assistance Program, but Tronox shall reimburse Xxxx-XxXxx for all liabilities relating to, arising out of or resulting from such on-going course after the Distribution Date. This Agreement shall not affect any insurance contract providing coverage for long term care purchased by Transferred Individual through the Xxxx-XxXxx Long Term Care Program prior to the Distribution Date. As of the Distribution Date, Tronox shall have no obligation to permit Transferred individuals to purchase long term care coverage through payroll deductions.
Sample 1Sample 2
Other Welfare Plans. “Other Welfare Plans” means the employee welfare benefit plans offered by the Companies that cover or are offered to Employees of the Companies (and, as applicable, their dependents), including without limitation, long-term and short-term disability plans and life insurance plans, other than the Retained International Plans.
Sample 1Sample 2
Other Welfare Plans. As of the Distribution Date, Company shall assume or retain and shall be responsible for, or cause its insurance carriers to be responsible for, all liabilities and obligations related to claims asserted or incurred or premiums owed as of and after the Distribution Date for its Welfare Plans other than Medical/Dental Plans or post-retirement medical or life benefit Plans ("Other Welfare Plans") in respect of any Company Individual under any such Other Welfare Plan and claims asserted or incurred or premiums due after the Distribution Date in respect of any Company Individual under any such Other Welfare Plan; and Lakes shall have no liability or obligation with respect thereto. As of the Distribution Date, Lakes shall assume or retain and shall be responsible for, or cause its insurance carriers to be responsible for, all liabilities and obligations related to claims asserted or incurred or premiums owed as of and after the Distribution Date for any Other Welfare Plans in respect of any Lakes Individual under any such Other Welfare Plan and claims asserted or incurred or premiums due after the Distribution Date in respect of any Lakes Individual under any such Other Welfare Plan; and Company shall have no liability or obligation with respect thereto.
Sample 1Sample 2
Other Welfare Plans. Effective on or before the Effective Date, LPS shall adopt, or cause the applicable LPS Group Member to adopt employee welfare benefit plans (as defined in Section 3(1) of ERISA) not already described in Sections 2.2 and 2.3 above (collectively, the “LPS Welfare Plans”) under which eligible Employees shall be eligible to participate on substantially similar terms and conditions as were applicable under the employee welfare benefit plans maintained by FIS for Employees immediately prior to the Effective Date (collectively, the “FIS Welfare Plans”). The Transferred Employees shall be eligible to participate in the LPS Welfare Plans on the Effective Date. The Transferred Employees shall, effective as of the Effective Date, cease to be eligible to participate in, and to have any further payroll deductions withheld pursuant to, the FIS Welfare Plans.
Sample 1Sample 2
Other Welfare Plans. Immediately prior to the Effective Date, the U.S. Propel Employees and their dependents who participate in the Motorola life insurance plan, supplemental life-insurance plan, accidental death and dismemberment insurance plan, long-term disability plan, short-term disability plan, severance plans and tuition reimbursement plan and/or any other employee welfare benefit plan (as defined in Section 3(1) of ERISA) that is maintained by Motorola shall cease to actively participate in those plans, except as provided herein, and the U.S. Propel Employees and their dependents shall become eligible to participate in comparable plans maintained by Propel on the Effective Date.
Sample 1

Related to Other Welfare Plans

  • Welfare Plans (a) For all purposes (including purposes of vesting, eligibility to participate and level of benefits) under the employee welfare benefit plans of Buyer and its affiliates providing benefits to any Acquired Employees after the Closing (the “New Welfare Plans” ), each Acquired Employee shall subject to applicable Law and applicable tax qualification requirements be credited with his or her years of service with Knight Ridder or its affiliates, including the Acquired Companies and their Subsidiaries, before the Closing, to the same extent as such Acquired Employee was entitled, before the Closing, to credit for such service under any similar employee benefit plan in which such Acquired Employee participated or was eligible to participate immediately prior to the Closing, provided that the foregoing shall not apply to the extent that its application would result in a duplication of benefits. In addition, and without limiting the generality of the foregoing, (A) each Acquired Employee shall be immediately eligible to participate, without any waiting time, in any and all New Welfare Plans if such Acquired Employee participated immediately before the consummation of the transactions contemplated by this Agreement in a comparable type of welfare benefit plan of a Seller Entity (such plans, collectively, the “Old Plans” ), and (B) for purposes of each New Welfare Plan providing medical, dental, pharmaceutical and/or vision benefits to any Acquired Employee, Buyer, or, as applicable, an Acquired Company, shall cause all pre-existing condition exclusions and actively-at-work requirements of such New Welfare Plan to be waived for such Acquired Employee and his or her covered dependents, unless such conditions would not have been waived under the comparable plans of Knight Ridder or its affiliates, including the Acquired Companies and their Subsidiaries, in which such Acquired Employee participated immediately prior to the Closing and Buyer shall cause any eligible expenses incurred by such employee and his or her covered dependents during the portion of the plan year of the Old Plan ending on the date such employee’s participation in the corresponding New Welfare Plan begins to be taken into account under such New Welfare Plan for purposes of satisfying all deductible, coinsurance and maximum out-of-pocket requirements applicable to such employee and his or her covered dependents for the applicable plan year as if such amounts had been paid in accordance with such New Welfare Plan.

  • WELFARE PLAN Section 1: The Plan There shall be a Welfare Plan pursuant to the terms and conditions of Exhibit "C", which is attached hereto and forms part of this Agreement. Membership in the Plan for all eligible employees shall be a condition of employment on and after July 1, 1973.

  • Health and Welfare Plans (a) A copy of the master contracts with the carriers for the extended health care, dental and group life plans shall be sent to the President of the Union.

  • Pension and Welfare Plans During the twelve-consecutive-month period prior to the Closing Date and prior to the date of any Credit Extension hereunder, no steps have been taken to terminate any Pension Plan, and no contribution failure has occurred with respect to any Pension Plan sufficient to give rise to a Lien under Section 302(f) of ERISA. No condition exists or event or transaction has occurred with respect to any Pension Plan which might reasonably be expected to result in the incurrence by the Borrowers or any member of the Controlled Group of any material liability, fine or penalty. Except as disclosed in Item 6.11 of the Disclosure Schedule, neither any Borrower nor any member of the Controlled Group has any contingent liability with respect to any post-retirement benefit under a Welfare Plan, other than liability for continuation coverage described in Part 6 of Title I of ERISA.

  • Health and Welfare Benefit Plans During the Employment Period, Executive and Executive’s immediate family shall be entitled to participate in such health and welfare benefit plans as the Employer shall maintain from time to time for the benefit of senior executive officers of the Employer and their families, on the terms and subject to the conditions set forth in such plan. Nothing in this Section shall limit the Employer’s right to change or modify or terminate any benefit plan or program as it sees fit from time to time in the normal course of business so long as it does so for all senior executives of the Employer.

  • HEALTH AND WELFARE PLAN 16.01 The Employer agrees to pay the amount as set out in the Wage Schedules for all hours worked for each employee towards the Insurance Plan administered by the CLAC Health and Welfare Trust Fund.

  • Terminability of Welfare Plans No Employee Benefit Plan, which is an employee welfare benefit plan within the meaning of ss.3(1) or ss.3(2)(B) of ERISA, provides benefit coverage subsequent to termination of employment, except as required by Title I, Part 6 of ERISA or the applicable state insurance laws. The Borrower may terminate each such Plan at any time (or at any time subsequent to the expiration of any applicable bargaining agreement) in the discretion of the Borrower without liability to any Person other than for claims arising prior to termination.

  • Welfare Benefit Plans During the Employment Period, the Executive and/or the Executive's family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with benefits which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.

  • Health & Welfare Benefits Executive shall be eligible to participate in all health and welfare benefits provided generally to other employees of the Company.

  • Benefit Plans The Executive shall be eligible to participate in any employee benefit plan of the Company, including, but not limited to, equity, pension, thrift, profit sharing, medical coverage, education, or other retirement or welfare benefits that the Company has adopted or may adopt, maintain or contribute to for the benefit of its senior executives, at a level commensurate with his positions, subject to satisfying the applicable eligibility requirements. The Company may at any time or from time to time amend, modify, suspend or terminate any employee benefit plan, program or arrangement for any reason in its sole discretion.

Time is Money Join Law Insider Premium to draft better contracts faster.