Acquired Entity Plan definition

Acquired Entity Plan means (i) each Benefit Plan that is maintained, sponsored or entered into solely by any Acquired Entity (other than the Speedway Retirement Plan which for all purposes shall be considered a Seller Plan), (ii) the Protection Program and each Protection Agreement thereunder and (iii) any other Benefit Plan set forth on Section 1.1(AEP) of the Seller Disclosure Schedule.
Acquired Entity Plan shall have the meaning set forth in Section 3.9(a).
Acquired Entity Plan means all Plans of the Acquired Entity or an ERISA Affiliate of the Acquired Entity is or was a Plan Sponsor, or to which or an ERISA Affiliate of otherwise contributes or has contributed, or in which the Acquired Entity or an ERISA Affiliate of the Acquired Entity otherwise participates or has participated. All references to Plans are to Acquired Entity Plans unless the context requires otherwise.

Examples of Acquired Entity Plan in a sentence

  • Each Acquired Entity Plan which is intended to be a qualified plan under Section 401(a) of the Code has been provided a copy of an opinion letter from the Internal Revenue Service (the "Opinion Letter") to Alliance Benefit Group Carolinas LLC, the sponsor of the prototype plan, and has been operated substantially in accordance with its terms and with the provisions of the Code.

  • Neither the Acquired Entity nor any ERISA Affiliate has failed to make any material contributions or to pay any material amounts due and owing as required by the terms of any Acquired Entity Plan.

  • Each Acquired Entity Plan which is required to comply with the provisions of Sections 4980B and 4980C of the Code, or with the requirements referred to in Section 4980D(a) of the Code, has complied in all material respects, and, except as required by suc• sections of the Code, no Acquired Entity Plan which is a "welfare benefit plan," as defined in Section 3(1) of ERISA, provides for post-employment benefits.

Related to Acquired Entity Plan

  • Acquired Entity means any entity acquired by the Company or a Related Company or with which the Company or a Related Company merges or combines.

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

  • Acquired Entities means the Company and the Company Subsidiaries.

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

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

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

  • Business Entity/Vendor means any natural or legal person, business corporation, professional services corporation, limited liability company, partnership, limited partnership, business trust, association or any other legal commercial entity organized under the laws of New Jersey or any other state or foreign jurisdiction. The definition also includes (i) if a business entity is a for-profit corporation, any officer of the corporation and any other person or business entity that owns or controls 10% or more of the stock of the corporation; (ii) if a business entity is a professional corporation, any shareholder or officer; (iii) if a business entity is a general partnership, limited partnership or limited liability partnership, any partner; (iv) if a business entity is a sole proprietorship, the proprietor; (v) if the business entity is any other form of entity organized under the laws of New Jersey or any other state or foreign jurisdiction, any principal, officer or partner thereof; (vi) any subsidiaries directly or indirectly controlled by the business entity; (vii) any political organization organized under 26 U.S.C.A. § 527 that is directly or indirectly controlled by the business entity, other than a candidate committee, election fund, or political party committee; and (viii) with respect to an individual who is included within the definition of “business entity,” that individual's civil union partner and any child residing with that person. 1

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

  • Uniform business entity application means the current

  • 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;

  • 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;

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

  • 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”.

  • Group Business Entity means;

  • Management Company Employee means an individual employed by a Person providing management services to the Company which are required for the ongoing successful operation of the business enterprise of the Company, but excluding a Person engaged in Investor Relations Activities;

  • Company Subsidiary means a Subsidiary of the Company.

  • Target Company means each of the Company and its direct and indirect Subsidiaries.

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

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

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • Acquired Party means the Company, any Subsidiary of the Company and any member of a Relevant Group.

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

  • Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.

  • Acquired Entity or Business has the meaning specified in the definition of the term “Consolidated EBITDA.”