Employee Benefit Program definition

Employee Benefit Program means a program providing some or all of the following benefits to "employees", whether provided through a "cafeteria plan" or otherwise:
Employee Benefit Program means group life insurance, group accident or health insurance, or group dental, vision and hearing plans, retirement, profit sharing, unemployment insurance, or any other benefit provided that no one other than an employee of the named insured may subscribe to such insurance or plans and such benefits are made generally available to those employees who satisfy the plan’s eligibility requirements.
Employee Benefit Program means collectively, each material bonus, deferred or incentive compensation, profit sharing or severance plan, “employee benefit plan” (as defined in Section 3(3) of ERISA) and material fringe benefit plan sponsored, maintained or contributed to by the Company or any of its Subsidiaries and in which the employees of the Company or any of its Subsidiaries participate or are entitled to participate as of the date hereof.

Examples of Employee Benefit Program in a sentence

  • After three (3) months of service, permanent full-time employees, and permanent part-time employees on a pro-rata co-insured basis based on normally scheduled hours, are entitled to participate in the Employee Benefit Program as detailed below.

  • The Company shall maintain the Executive and his dependents on the Company Employee Benefit Program during the currency of the eighteen (18) month severance period from the date of termination.

  • The parties agree that any amount of any reduction in premiums under the Employment Insurance Act granted by the Employment Insurance Commission are and shall remain vested with the Employer in consideration of other provisions made in the Employee Benefit Program.

  • Core Employees who do not participate in a specific Union benefit fund must have the benefit amount paid into a similar benefit fund that provides immediate benefit to the employee (see Section 8.5 Core Employee Benefit Program).

  • Each Plan and Employee Benefit Program is subject to United States Laws.


More Definitions of Employee Benefit Program

Employee Benefit Program. -- This means one or more of the following types of plans or insurance maintained by "you" for the benefit of "your" "employees":
Employee Benefit Program has the meaning set forth in Section 4.17.
Employee Benefit Program means "employee benefit program" as defined in the "underlying insurance" that provides coverage for employee benefits liability.
Employee Benefit Program means the following plans:
Employee Benefit Program means each bonus, deferred or incentive compensation, profit sharing or severance plan, “employee benefit plan” (as defined in Section 3(3) of ERISA, whether or not subject to ERISA), equity option, equity or equity-based, pension, retiree medical or life insurance, retirement, supplemental retirement, retention, employment, consulting, change-of-control, health or welfare, paid time off, vacation, fringe benefit and each other benefit or compensation plan, program, Contract, policy or arrangement, in each case, (a) that is sponsored, maintained or contributed to or required to be contributed to by the Company or any of its Subsidiaries, (b) in which the employees or directors of the Company or any of its Subsidiaries participate or are entitled to participate or (c) under or with respect to which the Company or any of its Subsidiaries has or could reasonably be expected to have any current or contingent liability or obligation.
Employee Benefit Program means a program providing some or all of the following benefits to “employees”, whether provided through a “cafeteria plan” or otherwise: Group life insurance, group accident or health insurance; dental, vision, and hearing plans; and flexible spending accounts; provided that no one other than an ”employee” may subscribe to such benefits and such benefits are made generally available to those “employees” who satisfy the plan’s eligibility requirements; Profit sharing plans, employee savings plans, employee stock ownership plans; pension plans and stock subscription plans, provided that no one other than an “employee” may subscribe to such benefits and such benefits are made generally available to all “employees” who are eligible under the plan for such benefits; Unemployment insurance, social security benefits, workers’ compensation and disability benefits; Vacation plans, including buy and sell programs; leave of absence programs, including military ,maternity, family, and civil leave; tuition assistance plans; transportation and health club subsidies; and Any other similar benefits added by endorsement to this policy. As used herein, “employee” includes “employees” whether actively employed, disabled or retired.
Employee Benefit Program means a program providing some or all of the following benefits to employees: