Buyer Employee Benefit Plans definition

Buyer Employee Benefit Plans has the meaning set forth in Section 5.17(a).

Buyer Employee Benefit Plans has the meaning set forth in Section 7.6 of this Agreement.

Buyer Employee Benefit Plans means (i) that certain AAON, Inc. 2007 Long-Term Incentive Plan, originally adopted by the Buyer on March 13, 2007 and approved by the Buyer’s shareholders on May 22, 2007, as amended, and (ii) that certain AAON, Inc. 2016 Long-Term Incentive Plan, originally adopted by the Buyer on February 24, 2016 and approved by the Buyer’s shareholders on May 24, 2016, as amended.

Examples of Buyer Employee Benefit Plans in a sentence

• Until such time as Buyer shall cause the Covered Employees to participate in the applicable Buyer Employee Benefit Plans, the continued participation of the Covered Employees in the Target Benefit Plans shall be deemed to satisfy the foregoing provisions of this clause (it being understood that participation in Buyer’s Employee Benefit Plans may commence at different times with respect to each of Buyer’s Employee Benefit Plans).

• Buyer Parties shall indemnify and hold Seller harmless from and against any and all liabilities, claims, demands, judgments, settlements, payments, losses, costs, damages and expenses whatsoever that Seller may sustain, suffer or incur that result from, arise out of or pertain to any claims relating to the Buyer Employee Benefit Plans or the benefits provided thereby, whether arising on or after the Closing Date or to any breach of Buyer's obligations under this Article VII.

• As of the date of this Agreement, there are 8,890,000 shares of AAON Common Stock reserved for issuance under the Buyer Employee Benefit Plans.

• While warrant officers, including retired temporary warrant officers not retired for injuries or incapacitation incurred in the line of duty, held an “office” within the meaning of the Act of 31 July 1894, they were not considered commissioned officer for dual compensation purposes under this Act.

• There are no outstanding bonds, debentures, notes or other indebtedness or securities of Buyer having the right to vote (or, other than any outstanding awards under Buyer Employee Benefit Plans to purchase shares of AAON Common Stock, convertible into, or exchangeable for, securities having the right to vote) on any matters on which stockholders of Buyer may vote.

More Definitions of Buyer Employee Benefit Plans

Buyer Employee Benefit Plans means collectively, each written pension, retirement, profit-sharing, deferred compensation, bonus, incentive, performance, stock option, stock appreciation, phantom stock, stock purchase, restricted stock, medical, hospitalization, vision, dental or other health, life, disability, severance, termination or other employee benefit plan, program, arrangement, agreement or policy both domestically and internationally which currently covers any employee of Buyer and which is sponsored or maintained by Buyer.

Buyer Employee Benefit Plans shall have the meaning given to such term in Section 5.4(c).

Buyer Employee Benefit Plans means any (i) "employee benefit plan" as defined in Section 3(3) of ERISA and any related or separate Contract, plan, trust, program, policy and arrangement and (ii) supplemental retirement, bonus, vacation, deferred compensation, severance, incentive or other employee benefit plan, program, arrangement, practice, custom or understanding, in each case whether formal or informal, that provides benefits of economic value to any employee of Buyer or any present or former beneficiary, dependent or assignee of any such employee.

Buyer Employee Benefit Plans defined in Section 5.5; Buyer's Indemnified Persons: Buyer, Vanguard, and their Affiliates, successors and assigns from time to time, and their respective partners, Affiliates, directors, trustees, officers, employees, agents and representatives; Cash Portion of the Purchase Price: defined in Section 2.5(c); Closing: defined in Section 11.1;

Buyer Employee Benefit Plans means Buyers’ pension, savings, profit sharing, retirement, bonus, incentive, health, dental, vision, death, accident, disability, stock purchase, stock option, stock appreciation, stock bonus, executive, supplemental or deferred compensation, executive benefits, hospitalization, severance, early retirement, termination or retirement indemnity, long service payments, housing, company car, meal subsidies, vacation, sick leave, paid or unpaid time off, jubilee awards, fringe or welfare benefits, any employment or consulting Contracts, collective bargaining agreements, “employee benefit plans” (as defined in Section 3(3) of ERISA), employee manuals, and written or binding oral statements of policies, practices or understandings relating to employment. "Buyer Parent" – Preamble.

Buyer Employee Benefit Plans means Buyers’ pension, savings, profit sharing, retirement, bonus, incentive, health, dental, death, accident, disability, stock purchase, stock option, stock appreciation, stock bonus, executive or deferred compensation, hospitalization, severance, vacation, cafeteria, sick leave, fringe or welfare benefits, any employment or consulting Contracts, collective bargaining agreements, “employee benefit plans” (as defined in Section 3(3) of ERISA), employee manuals, and written policies, practices or understandings relating to employment as applicable to Transferred U.S. Employees and Transferred Non-U.S. Employees.

Buyer Employee Benefit Plans has the meaning set forth in Section 9(d) below.