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 Internal Revenue Code and Sections 601 through 608 of ERISA.
Appears in 8 contracts
Samples: Agreement and Plan of Merger and Reorganization (Universal Document MGMT Systems Inc), Agreement and Plan of Merger and Reorganization (Universal Document MGMT Systems Inc), Agreement and Plan of Merger and Reorganization (Universal Document MGMT Systems 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 retired, except as may be required pursuant to the continuation of coverage provisions of Section 4980B of the Internal Revenue Code and Sections 601 through 608 the applicable provisions of ERISA.
Appears in 6 contracts
Samples: Stock Purchase Agreement (American Medical Providers Inc), Stock Purchase Agreement (American Medical Providers Inc), Business Purchase Agreement (American Medical Providers 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 after they 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 Internal Revenue Code and Sections 601 through 608 of ERISA.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Access Corp), Asset Purchase Agreement (Universal Document MGMT Systems 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 (i) as may be required pursuant to the continuation of coverage provisions of Section 4980B of the Internal Revenue Code Code, the applicable parallel provisions of ERISA and Sections 601 through 608 any applicable state law, (ii) continuation of ERISAbenefits in the event of disability, and (iii) conversion privileges provided under any insured Company ERISA Employee Benefit Plans.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Omnilynx Communications Corp)
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 (i) as may be required pursuant to the continuation of coverage provisions of Section 4980B of the Internal Revenue Code Code, the applicable parallel provisions of ERISA and Sections 601 through 608 any applicable state law, (ii) continuation of ERISAbenefits in the event of disability, and (iii) conversion privileges provided under any insured Company ERISA Employee Benefit Plans.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Omnilynx Communications Corp)
