Compensation and Benefit Plans definition

Compensation and Benefit Plans has the meaning set forth in Section 5.03(m).
Compensation and Benefit Plans means bonus, deferred compensation, pension, retirement, profit-sharing, thrift, savings, employee stock ownership, stock bonus, stock purchase, deferred and restricted stock, stock option, employment, termination, severance, compensation, medical, health or other plans, agreements, policies or arrangements maintained by or contributed to by the Selling Companies that cover Prospective Employees.
Compensation and Benefit Plans shall have the meaning set forth in Section 3.16(a).

Examples of Compensation and Benefit Plans in a sentence

  • There is no material pending or, to the knowledge of Parent or Skyline, threatened legal action, suit or claim relating to its Compensation and Benefit Plans other than routine claims for benefits.


More Definitions of Compensation and Benefit Plans

Compensation and Benefit Plans has the meaning assigned to such term in Section 4.1(Q)(1).
Compensation and Benefit Plans means all employment policies, and all compensation and benefit plans, policies, and programs of the Debtors applicable to their employees, retirees (other than policies, programs and plans with respect to "retiree benefits," as that term is defined in Section 1114(a) of the Bankruptcy Code) and non-employee directors, including, without limitation, all savings plans, retirement plans, health care plans, disability plans, severance benefit plans, incentive plans, and life, accidental death, and dismemberment insurance.
Compensation and Benefit Plans has the meaning given to that term in Section 3.12 of this Agreement.
Compensation and Benefit Plans has, with respect to any person, the meaning assigned in Section 5.03(p)(i).
Compensation and Benefit Plans means all salary, bonus, vacation, overtime, incentive, retention, profit sharing (ex gratia or otherwise), medical, termination and stock or share option agreements, plans, benefits, programmes and/or similar grants, allowances and all similar plans, policies, arrangements and agreements, but excluding any such plans, policies, arrangements or agreements providing Pension Benefits.
Compensation and Benefit Plans means, collectively, each bonus, deferred compensation, pension, retirement, profit-sharing, thrift, savings, employee stock ownership, stock bonus, stock purchase, restricted stock, stock option, employment, termination, severance, compensation, medical, health, or other plan, agreement, policy or arrangement, whether written or oral, that covers employees or directors of the Company or any of its Subsidiaries, or pursuant to which former employees or directors of the Company or any of its Subsidiaries are entitled to current or future benefits. The Company has made available to Parent copies of all "employee pension benefit plans" (as defined in Section 3(2) of the Employee Retirement Income Security Act of 1974, as amended ("ERISA")) (sometimes referred to herein as "Pension Plans"), ----- ------------- employee welfare benefit plans" (as defined in Section 3(1) of ERISA and all other Compensation and Benefit Plans maintained by, or contributed to, the Company or any of its Subsidiaries or any person or entity that, together with the Company and its Subsidiaries, is treated as a single employer under Section 414(b), (c), (m) or (o) of the Internal Revenue Code of 1986, as amended (the "Code") (the Company and each such other person or entity, a "Commonly Controlled ------------------- Entity") for the benefit of any current employees, officers or ------ directors of the Company or any of its Subsidiaries. The Compensation and Benefit Plans are listed on Section 5(h)(i) of the Company Disclosure Schedule. The Company has also made available to Parent true, complete and correct copies of (1) the most recent annual report on Form 5500 filed with the Internal Revenue Service with respect to each Compensation and Benefit Plan (if any such report was required), (2) the most recent summary plan description for each Compensation and Benefit Plan for which such summary plan description is required and (3) each trust agreement and group annuity contract related to any Compensation and Benefit Plan. Each Compensation and Benefit Plan has been administered in all material respects in accordance with its terms. All of the Compensation and Benefit Plans are in substantial compliance with applicable provisions of ERISA and the Code.
Compensation and Benefit Plans means all material bonus, vacation, deferred compensation, pension, retirement, profit-sharing, thrift, savings, employee unit ownership, unit bonus, unit purchase, restricted unit and unit option plans, all employment or severance contracts, all medical, dental, disability, health and life insurance plans, all other employee benefit and fringe benefit plans, contracts or arrangements and any applicable “change of control” or similar provisions in any plan, contract or arrangement maintained or contributed to for the benefit of officers, former officers, employees, former employees, directors, former directors, or the beneficiaries of any of the foregoing, including all “employee benefit plans” as defined in ERISA Section 3(3).