Acquired Company 401(k) Plan definition

Acquired Company 401(k) Plan means the Insco Insurance Services, Inc. Employee Profit Sharing and Savings Plan
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Acquired Company 401(k) Plan means the Unified Grocers Sheltered Savings Plan (SSP).
Sample 1

Examples of Acquired Company 401(k) Plan in a sentence

  • On or prior to the Closing Date, the Acquired Company 401(k) Plan shall have been terminated and no Acquired Company shall have any further obligation with respect thereto.

  • Except as disclosed in Section 4.5(a) of the Seller Disclosure Letter, as of the Closing, the Acquired Companies shall terminate their participation in the Acquired Company 401(k) Plan and each other Benefit Plan, and in no event shall any Acquired Company Employee be entitled to accrue any benefits under such Benefit Plans with respect to services rendered or compensation paid on or after the Closing.

  • Seller shall have delivered evidence of termination of the Acquired Company 401(k) Plan, in form and substance reasonably satisfactory to Buyer.

  • Seller shall be responsible for notifying in writing each employee of any Acquired Company who was employed by any Acquired 32 Company on or prior to the Closing Date (the "Acquired Company Employees") of the termination of any Benefit Plan, including without limitation written notice in the Acquired Company 401(k) Plan of their roll-over rights.

  • Purchaser shall designate a tax-qualified defined contribution plan of Purchaser (such plan, the “Purchaser Savings Plan”), which may be the Acquired Company 401(k) Plan, that will cover those Transferred Employees who are participants in the Process Equipment Group 401(k) Savings Plan (the “Seller 401(k) Plan”) (and accept any plan-to-plan transfers therefrom) as soon as practicable following the Closing Date.

Related to Acquired Company 401(k) Plan

  • Seller 401(k) Plan shall have the meaning set forth in Section 6.01(i).

  • Company 401(k) Plan has the meaning set forth in Section 6.4(e).

  • Buyer 401(k) Plan has the meaning set forth in Section 6.01(h).

  • Company Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written or unwritten or otherwise, funded or unfunded, including without limitation, each "employee benefit plan," within the meaning of Section 3(3) of ERISA which is or has been maintained, contributed to, or required to be contributed to, by the Company or any Affiliate for the benefit of any Employee, or with respect to which the Company or any Affiliate has or may have any liability or obligation;

  • Company Employee Plans has the meaning set forth in Section 3.12(a).

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • Seller Plan means any Employee Benefit Plan maintained, or contributed to, by the Seller or any ERISA Affiliate.

  • Acquired Company means any business, corporation or other entity acquired by the Company or any Subsidiary.

  • Company Benefit Plans has the meaning set forth in Section 3.16(a).

  • Company Benefit Plan has the meaning specified in Section 4.13(a).

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.

  • Parent Plans has the meaning set forth in Section 6.4(c).

  • Company Plans has the meaning set forth in Section 3.13(a).

  • Parent Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written or unwritten or otherwise, funded or unfunded, including without limitation, each "EMPLOYEE BENEFIT PLAN," within the meaning of Section 3(3) of ERISA which is maintained, contributed to, or required to be contributed to, by Parent or any Affiliate for the benefit of any Parent Employee;

  • Parent Plan has the meaning set forth in Section 7.8(b).

  • Benefit Plan means any of (a) an “employee benefit plan” (as defined in ERISA) that is subject to Title I of ERISA, (b) a “plan” as defined in and subject to Section 4975 of the Code or (c) any Person whose assets include (for purposes of ERISA Section 3(42) or otherwise for purposes of Title I of ERISA or Section 4975 of the Code) the assets of any such “employee benefit plan” or “plan”.

  • Company Plan means all Plans of which the Company or an ERISA Affiliate of the Company is or was a Plan Sponsor, or to which the Company or an ERISA Affiliate of the Company otherwise contributes or has contributed, or in which the Company or an ERISA Affiliate of the Company otherwise participates or has participated. All references to Plans are to Company Plans unless the context requires otherwise.

  • Buyer Benefit Plans has the meaning set forth in Section 6.10(f).

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).

  • Seller Benefit Plans has the meaning set forth in Section 4.10(a).

  • Seller Benefit Plan means each Benefit Plan sponsored, maintained or contributed to by Seller or any of its Subsidiaries or with respect to which Seller or any of its Subsidiaries is a party and in which any Employee is or becomes eligible to participate or derive a benefit.

  • Company Employee Benefit Plan means each Employee Benefit Plan that is maintained, sponsored or contributed to (or required to be contributed to) by any of the Group Companies or under or with respect to which any of the Group Companies has any Liability.

  • Benefit Plans shall have the meaning set forth in Section 3.13(a).

  • Company Subsidiary means a Subsidiary of the Company.

  • Employee Plans means all Benefit Arrangements, Multiemployer Plans, Pension Plans and Welfare Plans.