Current Benefit Plans definition

Current Benefit Plans means Benefit Plans that are sponsored, maintained, or contributed to by the Company or any of its Subsidiaries as of the date of this Agreement.
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Current Benefit Plans means Benefit Plans that are sponsored, maintained, or contributed to by a specified Person or any of its Subsidiaries as of the date of this Plan. "DGCL" shall mean the General Corporation Law of the State of Delaware.
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Current Benefit Plans means Benefit Plans that are sponsored, maintained, or contributed to (directly or indirectly) by the Acquired Entities as of the date of this Agreement.
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Examples of Current Benefit Plans in a sentence

  • For a period of one year following the Closing Date, Parent shall cause the Companies to provide the employees of the Companies with employee benefit plans, programs, policies or arrangements (the "Successor Benefit Plan") as are substantially equivalent, in the aggregate, as those currently provided by the Sellers or the Companies (the "Current Benefit Plans").

  • Current Benefit Plans & ProvidersCurrently the plan is administered through Coughlin & Associates Ltd.

  • CITI shall, within 30 days of a written demand by Ceridian, pay to Ceridian the aggregate costs of providing benefits to UT employees and their dependents under the Current Benefit Plans after the Effective Date, excluding cafeteria plan spending account reimbursements.

  • Current Benefit Plans include, but may not be limited to, long-term disability insurance, life insurance, accidental death and dismemberment insurance, dependent life insurance, business travel accident insurance, medical coverage, dental coverage, vision coverage, employee assistance program, and cafeteria plan medical and dependent care flexible spending accounts.

  • Current Benefit Plans for full-time employees to be continued during the term of this Agreement and agreed to include specific health Welfare Benefits.

  • Questions were raised and answered as to the constitution of the Monitoring Committee.

  • All UT employees will cease to participate in and to be entitled to any benefits under the Current Benefit Plans as of the Closing Date, except to the extent that benefits are earned prior to the Closing Date under any such plan and payable following the Closing Date.

  • Until the Closing Date, Ceridian will have continued to provide and administer for the benefit of UT employees the employee welfare benefit plans, dependent care assistance plans and fringe benefit plans in place for such employees immediately prior to the Effective Date (the "Current Benefit Plans").

  • Values of City of Durham regarding Treatment of Employees of Contractors 16Appendix A 18Background Information 18Summary of Current Benefit Plans 20[Exhibit A to RFP (Model Services Contract)] 23Appendix B 27Professional Services Forms 2710.

  • Except as set forth in Section 4.13(i) of the Company's Disclosure Letter, in connection with the consummation of the transactions contemplated by this Agreement, no payments have been or will be made under any such Current Benefit Plans or any of the programs, agreements, policies or other arrangements described in Section 4.13(k) of the Company's Disclosure Letter which, in the aggregate, would be nondeductible under Section 280G of the Code.


More Definitions of Current Benefit Plans

Current Benefit Plans has the meaning assigned in Section 4.7.
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Related to Current Benefit Plans

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

  • Parent Benefit Plan means any Employee Benefit Plan maintained by, sponsored by or contributed to by, or obligated to be contributed to by any Parent Group Entity.

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

  • Canadian Benefit Plans means all material employee benefit plans of any nature or kind whatsoever that are not Canadian Pension Plans and are maintained or contributed to by any Credit Party having employees in Canada.

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

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

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

  • Company Pension Plan means each: (a) Company Employee Plan that is an “employee pension benefit plan,” within the meaning of Section 3(2) of ERISA; or (b) other occupational pension plan, including any final salary or money purchase plan.

  • 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).

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

  • Canadian Benefit Plan means any plan, fund, program or policy, whether oral or written, formal or informal, funded or unfunded, insured or uninsured, providing employee benefits, including medical, hospital care, dental, sickness, accident, disability, life insurance, pension, retirement or savings benefits, under which any Loan Party has any liability with respect to any of its employees or former employees employed in Canada, and includes any Canadian Pension Plan.

  • Pension Benefit Plan means at any time any employee pension benefit plan (including a Multiple Employer Plan, but not a Multiemployer Plan) which is covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 of the Code and either (i) is maintained by any member of the Controlled Group for employees of any member of the Controlled Group; or (ii) has at any time within the preceding five years been maintained by any entity which was at such time a member of the Controlled Group for employees of any entity which was at such time a member of the Controlled Group.

  • Company Plans has the meaning set forth in Section 3.13(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 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 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;

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

  • 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.

  • 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.

  • Foreign Benefit Plan means any Employee Benefit Plan established, maintained or contributed to outside of the United States of America or which covers any employee working or residing outside of the United States.

  • 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.

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