Employee Benefits Plan definition

Employee Benefits Plan means a 401k plan, employee stock purchase program, deferred compensation program or similar programs from time to time maintained by Borrower or any of its Subsidiaries.
Employee Benefits Plan means any agreement, scheme, plan, custom or practice, concluded or existing at any level whatsoever (including within any establishment, undertaking, group or undertakings or branch), the object of which is to grant benefits, or to finance benefits or to contribute towards the financing of those benefits, to all or a category of Company employees and/or officers (and, where applicable, to their spouses and dependants), including benefits in relation to pensions, social welfare and employee savings (including profit sharing and savings plans);
Employee Benefits Plan means, and whether written or oral: (a) any plan, fund, agreement or program which provides health, medical, surgical, hospital, vision or dental care or other welfare benefits, or benefits in the event of sickness, accident or disability, or death benefits, apprenticeship or other training programs, or day care centers, scholarship funds, or prepaid legal services; (b) any plan, fund, agreement or program which provides retirement income to Employees or results in a deferral of income by Employees for periods extending to the termination of covered employment or beyond; (c) any plan, fund, agreement, practice or program which provides severance, unemployment, vacation or fringe benefits (including dependent and health care accounts); (d) any incentive compensation plan, deferred compensation plan, stock option or stock‑based incentive or compensation plan, or stock purchase plan; (e) any other "employee pension benefit plan" (as defined in Section 3(2) of ERISA), any other "employee welfare benefit plan" (as defined in Section 3(1) of ERISA); and (f) any other written or oral plan, agreement or arrangement involving direct or indirect compensation including insurance coverage, severance benefits, disability benefits, fringe benefits, pension or retirement plans, profit sharing, deferred compensation, bonuses (including any sale bonuses), stock options, stock purchase, phantom stock, stock appreciation or other forms of incentive compensation or post‑retirement compensation, as well as any change in control agreements, managing director agreements and other retention arrangements.

Examples of Employee Benefits Plan in a sentence

  • For example, if a Benefit Plan Description has a different Plan Number the Plan Number above controls.2. Plan Benefits Employer SponsoredBenefits Plans This Employee Benefits Plan includes the component Benefit Plan(s) identified below.

  • A dependent includes the employee’s spouse or adult dependent, as defined in the MUS Employee Benefits Plan, and financially dependent children as defined by the Internal Revenue Code who are unmarried and under age 25.

  • Whenever a husband and wife are both employed by MCPS and eligible to participate in the Employee Benefits Plan, each will have the option of being covered separately or being covered as a dependent on their spouse’s plans.

  • By choosing to contribute money to one or more Spending Accounts you are agreeing to abide by the Rules of the Employee Benefits Plan Council related to Spending Accounts.

  • The Employee Benefits Plan Council has the responsibility to interpret these rules and make the final decision as to whether you may enroll or change any coverage outside of the enrollment period.


More Definitions of Employee Benefits Plan

Employee Benefits Plan means any “employee benefit plan” as defined in Section 3(3) of ERISA, including without limitation, a 401k plan, employee stock purchase program, deferred compensation program or similar programs maintained by Borrower or any of its Subsidiaries within the past five years from the date hereof.
Employee Benefits Plan has the meaning set forth in Section 5.15.
Employee Benefits Plan any health and welfare, defined contribution, defined benefit, or other employee or retiree benefit plan (including (i) any “employee benefit plan” as defined in Section 3(3) of ERISA or (ii) any savings, retirement, fringe benefit, stock option, bonus, incentive compensation, deferred compensation, excess or supplemental executive compensation, employee stock purchase, vacation, sickness, disability, severance or separation, restricted stock plan, policy or arrangement), in which any of the Transferring Employees participate.
Employee Benefits Plan shall have the meaning ascribed thereto in Section 3(3) of ERISA and shall also mean and, include any other bonus, profit sharing, compensation, pension, severance, deferred compensation, fringe benefit, insurance, welfare, medical, post-retirement welfare benefit, medical reimbursement, health, life, stock option, stock purchase, tuition refund, service award, company care, scholarship, relocation, disability, accident, sick pay, sick leave, vacation, termination, individual employment, executive compensation, incentive bonus, commission, payroll practices, retention or other plan, agreement, policy, trust fund or arrangement maintained, sponsored or contributed to by the Company, any of its Subsidiaries or an ERISA Affiliate.
Employee Benefits Plan means any welfare or pension benefit plan shown in the Declarations that you sponsor and which is subject to the Employee Retirement Income Security Act of 1974 (ERISA) and any amendments thereto.
Employee Benefits Plan which is an Employee Pension Benefit Plan, (III) qualified defined benefit retirement plan or arrangement which is an Employee Pension Benefit Plan (including any Multi-employer Plan), or (IV) Employee Welfare Benefit Plan or material fringe benefit plan or program;
Employee Benefits Plan means the long term incentive plan of the Company the subject of approval under Resolution 5 of this Notice of Meeting;