UNION PLAN Sample Clauses

UNION PLAN. 7.6 ARTICLE II.
UNION PLAN. As of the Effective Date, the Company shall continue ---------- to sponsor and maintain the Precision Scientific Instruments and Precision Scientific Petroleum Instruments Defined Benefit Pension Plan (the "Union Plan"). The Seller shall make all contributions to the Union Plan that are required to be made (whether by applicable law or by the terms of the Plan) prior to the Effective Date, and the Seller shall be liable for no further contributions to the Union Plan after such payments have been made. As soon as practical after the Effective Date, but no more than 60 days thereafter, the Buyer shall direct the Seller and the Seller shall transfer all Union Plan assets and liabilities from the Varlen Corporation Defined Benefit Master Trust ("Varlen Master Trust") to an employee benefit trust to be established and maintained by the Company. If there is any delay in the transfer of Union Plan assets and liabilities beyond the 60-day period referred to above that is caused by Buyer or its agents and administrators with respect to the transfer of Union Plan assets from the Varlen Master Trust, Buyer shall reimburse Seller for all costs and expenses associated with the Company's delayed withdrawal from the Varlen Master Trust. If any dispute arises between the Seller and the Buyer concerning the amount or nature of the Varlen Master Trust assets which are attributable to the Union Plan, the matter shall be resolved by a public accounting firm mutually selected by the Seller and Buyer.
UNION PLAN. SNFCo shall assume Scout's obligations and liabilities ---------- under collective bargaining agreements: (a) between Scout and the Service Employees International Union dated November 6, 1995, (b) between Scout and the Service Employees International Union, Local 150, AFL-CIO-CLC, dated November 1, 1995, (c) between Scout and the Healthcare Workers' Union, Xxxxx 000, XXXX, XXX- CIO, dated October 1, 1994 and (d) between Scout and the Nursing and Convalensecent Home Employees Division of Xxxxx 00, XXXX, XXX-XXX, dated May 1, 1995, including Scout's obligation to contribute to the SEIU National Industry Pension Fund (the "Union Plan"). SNFCo shall assume and discharge any liability pursuant to ERISA Section 4203 and 4205 with respect to the Union Plan which may arise by reason of the Distribution (as defined in the Distribution Agreement).
UNION PLAN. Union membership

Related to UNION PLAN

  • Transition Plan In the event of termination by the LHIN pursuant to this section, the LHIN and the HSP will develop a Transition Plan. The HSP agrees that it will take all actions, and provide all information, required by the LHIN to facilitate the transition of the HSP’s clients.

  • Pension Plan 15.01 The CLAC Pension Plan (“the Plan”), a defined contribution pension plan, is registered with the Canada Revenue Agency. The Plan applies to all employees covered by this Agreement.

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