DHC Plan definition

DHC Plan means each bonus, deferred compensation, incentive compensation, stock purchase, stock option, severance or termination pay, hospitalization, medical, life or other insurance, supplemental unemployment benefits, profit-sharing, pension or retirement plan, program, agreement or arrangement, and each other employee benefit plan, program, agreement or arrangement, sponsored, maintained or contributed to or required to be contributed to at any time since March 9, 2005 by DHC or by any trade or business, whether or not incorporated (“DHC ERISA Affiliate”), that together with DHC would be deemed a “controlled group” within the meaning of Section 4001(a)(14) of ERISA, for the benefit of any employee, director or former employee or director of DHC or any DHC ERISA Affiliate including any such type of plan established, maintained or contributed to under the laws of any foreign country; provided, however, that DHC Plan will not include any such plan or arrangement maintained by (i) Discovery or any Subsidiary of Discovery, (ii) the Spin-Off Company or any Subsidiary of the Spin-Off Company, or (iii) the Audio Company or any Subsidiary of the Audio Company.
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DHC Plan means each bonus, deferred compensation, incentive compensation, stock purchase, stock option, severance or termination pay, hospitalization, medical, life or other insurance, supplemental unemployment benefits, profit-sharing, pension or retirement plan, program, agreement or arrangement, and each other employee benefit plan, program, agreement or arrangement, sponsored, maintained or contributed to or required to be contributed to at any time since March 9, 2005 by DHC or by any trade or business, whether or not incorporated (“DHC ERISA Affiliate ”), that together with DHC would be deemed a “controlled group” within the meaning of Section 4001(a)(14) of ERISA, for the benefit of any employee, director or former employee or director of DHC or any DHC ERISA Affiliate including any such type of plan established, maintained or contributed to under the laws of any foreign country; provided, however, that DHC Plan will not include any such plan or arrangement maintained by (i) Discovery or any Subsidiary of Discovery,
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Examples of DHC Plan in a sentence

  • DHC has not incurred any material liability (including any material contingent liability) to or on account of a DHC Plan pursuant to Section 4062, 4063, 4064, 4201 or 4204 of ERISA, and no proceedings have been instituted to terminate any DHC Plan.

  • Except as set forth on Schedule 4.4, each DHC Plan has been operated and administered in all material respects in compliance with the terms of each such plan, any applicable collective bargaining agreement, and the requirements of applicable law and regulations, including, but not limited to, the Code and ERISA.

  • All contributions and premium payments required to be made to or on account of each such DHC Plan under the terms thereof, ERISA or the Code have been made or properly accrued.

  • No DHC Plan that is subject to Section 412 of the Code has an accumulated or waived funding deficiency.