Assumed Employee Benefit Plans definition

Assumed Employee Benefit Plans has the meaning set forth in Section 2.1(a)(xi).
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Assumed Employee Benefit Plans. The foregoing provisions do not apply to any Employee Benefit Plans sponsored or maintained by any Target Company, which Employee Benefit Plans will continue to be sponsored and/or maintained by such Target Company pursuant to their terms.
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Assumed Employee Benefit Plans has the meaning set forth in Section 6.04(b).
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Examples of Assumed Employee Benefit Plans in a sentence

  • Except for the Assumed Employee Benefit Plans, if any, and the Assumed Obligations, Purchaser shall not assume any Employee Benefit Plan or any Liability thereunder or related thereto and Purchaser shall provide only those benefits to Transferred Employees as of or after the Closing as Purchaser shall determine.

  • Each Target will transfer (or cause the plan administrators to transfer) at and as of the Closing all of the corresponding assets associated with the Assumed Employee Benefit Plans that the Buyer is adopting and assuming.

  • No RECI Company will amend in any material respect any of the Assumed Employee Benefit Plans except for any amendments that the RECI Companies reasonably believe are required by applicable law.

  • As a result, the Special Rapporteur observed local women smoking frozen fish imported from the Faroe Islands, in Denmark, to sell at market.

  • Other than the Assumed Employee Benefit Plans, no Purchaser shall assume any Employee Benefit Plan or any Liability thereunder.

  • At is meeting on the 8 January 2013 the Executive considered and agreed the summary of the Bracknell Forest Local Council Tax Benefit Scheme.

  • Effective as of the Closing Date, Purchaser shall assume the Employee Benefit Plans listed on Schedule 7.18 (the "Assumed Employee Benefit Plans").

  • Tuition fees accounted for 10% of operating funds in 1981, rising to 26.2% of operating funds by 2011.120This is a result of two basic trends: a decrease in the amount of funding coming from government(s) to post-secondary institutions and an increase in the amount of tuition and ancillary fees paid by individual students.

  • From and after the Closing Date the RECI Companies will remain responsible for all liabilities and obligations (which liabilities and obligations will constitute Specified Buyer Liabilities for purposes of this Agreement) arising out of or relating to sponsorship and maintenance of each ERISA Plan and Non-ERISA Plan which is neither an Assumed Employee Benefit Plan nor a Raytheon Employee Benefit Plan (each such Plan, collectively with the Assumed Employee Benefit Plans, the "RECI Employee Benefit Plans").


More Definitions of Assumed Employee Benefit Plans

Assumed Employee Benefit Plans means the American Assumed Employee Benefit Plans, the Dutch Assumed Employee Benefit Plans, the Australian Assumed Employee Benefit Plans and the German Assumed Employee Benefit Plans.
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Assumed Employee Benefit Plans means the Business Employee Benefit Plans listed on Annex 11.1(b).
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Assumed Employee Benefit Plans shall have the meaning set forth in Section 5.3(a).
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Assumed Employee Benefit Plans shall not include any plan in which both employees of the Division and employees of any division of AMI other than the Division participate.
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Related to Assumed Employee Benefit Plans

  • 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.

  • Employee Benefit Plans shall have the meaning set forth in Section 3.20(a).

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

  • Foreign Employee Benefit Plan means any employee benefit plan as defined in Section 3(3) of ERISA which is maintained or contributed to for the benefit of the employees of the Company, any of its respective Subsidiaries or any members of its Controlled Group and is not covered by ERISA pursuant to ERISA Section 4(b)(4).

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

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

  • Welfare Benefit Plan means each welfare benefit plan maintained or contributed to by the Company, including, but not limited to a plan that provides health (including medical and dental), life, accident or disability benefits or insurance, or similar coverage, in which Executive was participating at the time of the Change in Control.

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

  • Employee Benefit Plan means any “employee benefit plan” as defined in Section 3(3) of ERISA which is or was sponsored, maintained or contributed to by, or required to be contributed by, Holdings, any of its Subsidiaries or any of their respective ERISA Affiliates.

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

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

  • 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”.

  • Health benefit plan means a policy, contract, certificate or agreement offered or issued by a health carrier to provide, deliver, arrange for, pay for or reimburse any of the costs of health care services.

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

  • Employee Welfare Benefit Plan has the meaning set forth in ERISA Section 3(1).

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

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

  • Group health benefit plan means any health care plan, subscription contract, evidence of

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

  • Purchaser Benefit Plans has the meaning set forth in Section 8.7(d).

  • Defined Benefit Plan means each Benefit Plan which is subject to Part 3 of Title I of ERISA, Section 412 of the Code or Title IV of ERISA.

  • Medical benefit plan means a plan established and maintained by a carrier, a voluntary employees' beneficiary association described in section 501(c)(9) of the internal revenue code of 1986, 26 USC 501, or by 1 or more public employers, that provides for the payment of medical benefits, including, but not limited to, hospital and physician services, prescription drugs, and related benefits, for public employees or elected public officials. Medical benefit plan does not include benefits provided to individuals retired from a public employer or a public employer's contributions to a fund used for the sole purpose of funding health care benefits that are available to a public employee or an elected public official only upon retirement or separation from service.

  • Qualified Benefit Plan has the meaning set forth in Section 3.20(c).

  • 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.