Common use of Post-Employment Benefits Clause in Contracts

Post-Employment Benefits. Neither the Company nor any Employee Benefit Plan provides or has any obligation to provide (or contribute toward the cost of) post-employment or post-termination benefits of any kind, including, without limitation, death and medical benefits, with respect to any current or former Shareholder, employee, agent, or independent contractor of the Company, other than (i) continuation coverage mandated by Sections 601 through 608 of ERISA and Section 4980B(f) of the Code, (ii) retirement benefits under any Employee Benefit Plan that is qualified under Section 401(a) of the Code, and (iii) deferred compensation that is accrued as a current liability on the Financial Statements.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Xedar Corp), Stock Purchase Agreement (Xedar Corp)

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Post-Employment Benefits. Neither the Company nor any Employee Benefit Plan provides or has any obligation to provide (or contribute toward the cost of) post-employment or post-termination benefits of any kind, including, without limitation, death and medical benefits, with respect to any current or former Shareholderofficer, employee, agent, director or independent contractor of the Company, other than (iA) continuation coverage mandated by Sections 601 through 608 of ERISA and Section 4980B(f) of the Code, (iiB) retirement benefits under any Employee Benefit Plan that is qualified under Section 401(a) of the Code, and (iiiC) deferred compensation that is accrued as a current liability on the Financial Statements.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Itron Inc /Wa/), Agreement and Plan of Merger (Itron Inc /Wa/)

Post-Employment Benefits. Neither the Company nor any Employee Benefit Plan provides or has any obligation to provide (or contribute toward the cost of) post-employment or post-termination benefits of any kind, including, without limitation, death and medical benefits, with respect to any current or former ShareholderMember, employee, agent, or independent contractor of the Company, other than (i) continuation coverage mandated by Sections 601 through 608 of ERISA and Section 4980B(f) of the Code, (ii) retirement benefits under any Employee Benefit Plan that is qualified under Section 401(a) of the Code, and (iii) deferred compensation that is accrued as a current liability on the Financial Statements.

Appears in 1 contract

Samples: Interest Purchase Agreement (Xedar Corp)

Post-Employment Benefits. Neither the Company nor any ------------------------ Employee Benefit Plan provides or has any obligation to provide (or contribute toward the cost of) post-employment or post-termination benefits of any kind, including, without limitation, death and medical benefits, with respect to any current or former Shareholderofficer, employee, agent, director or independent contractor of the Company, other than (iA) continuation coverage mandated by Sections 601 through 608 of ERISA and Section 4980B(f) of the Code, (iiB) retirement benefits under any Employee Benefit Plan that is qualified under Section 401(a) of the Code, and (iiiC) deferred compensation that is accrued as a current liability on the Financial Statements.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Itron Inc /Wa/)

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Post-Employment Benefits. Neither the Company nor any Employee Benefit Plan provides or has any obligation to provide (or contribute toward the cost of) post-employment or post-termination benefits of any kind, including, without limitation, death and medical benefits, with respect to any current or former Shareholderofficer, employee, agent, director or independent contractor of the Company, other than (i) continuation coverage mandated by Sections 601 through 608 of ERISA and Section 4980B(f) of the Code, (ii) retirement benefits under any Employee Benefit Plan that is qualified under Section 401(a) of the Code, and (iii) deferred compensation that is accrued as a current liability on the Financial Statements.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sutter Holding Co Inc)

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