Common use of Retirees Clause in Contracts

Retirees. The Company has no obligation or commitment to provide medical, dental or life insurance benefits to or on behalf of any of its employees who may retire or any of its former employees who have retired except as may be required pursuant to the continuation of coverage provisions of Section 4980B of the Code and the applicable provisions of ERISA.

Appears in 15 contracts

Sources: Merger Agreement (American Physician Partners Inc), Agreement and Plan of Reorganization and Merger (American Physician Partners Inc), Agreement and Plan of Reorganization and Merger (American Physician Partners Inc)

Retirees. The Company has no obligation or commitment to provide medical, dental or life insurance benefits to or on behalf of any of its employees who may retire or any of its former employees who have retired except as may be required pursuant to the continuation of coverage provisions of Section 4980B of the Code and the applicable provisions Sections 501 through 508 of ERISA.

Appears in 13 contracts

Sources: Agreement and Plan of Reorganization (Vision Twenty One Inc), Asset Purchase Agreement (Vision Twenty One Inc), Optical Asset Purchase Agreement (Vision Twenty One Inc)

Retirees. The Company has no obligation or commitment to -------- provide medical, dental or life insurance benefits to or on behalf of any of its employees who may retire or any of its former employees who have retired except as may be required pursuant to the continuation of coverage provisions of Section 4980B of the Code and the applicable provisions Sections 601 through 608 of ERISA.

Appears in 3 contracts

Sources: Securities Purchase Agreement (Lasersight Inc /De), Securities Purchase Agreement (Lasersight Inc /De), Securities Purchase Agreement (Lasersight Inc /De)

Retirees. The None of the Sellers or the Company has no any obligation or commitment to provide medical, dental or life insurance benefits to or on behalf of any of its employees who may retire or any of its former employees who have retired except as may be required pursuant to the continuation of coverage provisions of Section 4980B of the Code and the applicable parallel provisions of ERISA.

Appears in 3 contracts

Sources: Asset Purchase Agreement (Steiner Leisure LTD), Asset Purchase Agreement, Asset Purchase Agreement (Steiner Leisure LTD)

Retirees. The Company has no obligation or commitment to provide medical, dental or life insurance benefits to or on behalf of any of its employees who may retire or any of its former employees who have retired except as may be required pursuant to the continuation of coverage provisions of Section 4980B of the Code and the applicable provisions Sections 601 through 608 of ERISA.

Appears in 3 contracts

Sources: Securities Purchase Agreement (Lasersight Inc /De), Securities Purchase Agreement (Lasersight Inc /De), Securities Purchase Agreement (Lasersight Inc /De)

Retirees. The Company has no does not have any obligation or commitment to provide medical, dental or life insurance benefits to or on behalf of any of its employees who may retire or any of its former employees who have retired except as may be required pursuant to the continuation of coverage provisions of Section 4980B of the Code and the applicable provisions Sections 501 through 508 of ERISA.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Vision Twenty One Inc), Agreement and Plan of Reorganization (Vision Twenty One Inc)

Retirees. The Company None of the Companies has no any obligation or commitment to provide medical, dental or life insurance benefits to or on behalf of any of its employees who may retire or any of its former employees who have retired except as may be required pursuant to from employment with any of the continuation Companies other than coverage mandated by Sections 601 through 608 of ERISA and 4980(f) of the Code, short-term extensions of coverage provisions (such as for six months in the event of Section 4980B of the Code and the applicable provisions of ERISAdisability) or other extensions required by law.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Zaring National Corp), Securityholders Agreement (American Homestar Corp)

Retirees. The Except as noted on Schedule 2.13, Company has no obligation or commitment to provide medical, dental or life insurance benefits to or on behalf of any of its employees who may retire or any of its former employees who have retired except as may be required pursuant to the continuation of coverage provisions of Section 4980B of the Code and the applicable provisions of ERISA.

Appears in 1 contract

Sources: Stock Purchase Agreement (American Physician Partners Inc)

Retirees. The Company has no any obligation or commitment to provide medical, dental dental, or life insurance benefits to or on behalf of any of its employees who may retire or any of its former employees who have retired retired, except as may be required pursuant to the continuation of coverage provisions of Section 4980B of the Code and the applicable parallel provisions of ERISA.

Appears in 1 contract

Sources: Share Purchase Agreement (United Community Banks Inc)