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

Samples: Agreement and Plan of Reorganization and Merger (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)

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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

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

Samples: 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

Samples: 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

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

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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

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

Samples: Share Purchase Agreement (United Community Banks Inc)

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

Samples: Stock Purchase Agreement (American Physician Partners Inc)

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