Employee Retirement definition

Employee Retirement. Income Security Act of 1974, as amended.
Employee Retirement. Income Security Act of 1974, as amended ("ERISA"). Except as set forth in Schedule 3.16 and except with respect to the Directors Guild of America, the Screen Actors Guild, the Writers Guild of America and any other entertainment-related guilds, no Seller nor any corporation, trade, business or other entity under common control with any Seller, within the meaning of Sections 414(b), (c), (m) or (o) of the Code, or under Section 4001 of ERISA (an "ERISA Affiliate"), is or was obligated to contribute to any multiemployer plan within the meaning of Section 3(37) of ERISA or any plan subject to Title IV of ERISA. From and after the Closing, Purchaser will have no obligation to contribute to, or any liability in respect of, any "Employee Benefit Plan" (as such term is defined below) sponsored or maintained by any Seller or any ERISA Affiliate, or to which Seller or any ERISA Affiliate was obligated to contribute. Sellers and their ERISA Affiliates will not, in connection with the transactions contemplated by this Agreement, cease to provide any group health plan coverage to their employees in a manner that would cause Purchaser to be deemed a successor employer of such Seller or its ERISA Affiliates within the meaning of Treasury Regulations Section 54.4980B-9 Q&A8(c). For purposes of this Agreement, the term "Employee Benefit Plan" means (a) any employee benefit plan within the meaning of Section 3(3) of ERISA or (b) any similar employment, severance or other arrangement or policy (whether written or oral) providing for insurance coverage (including self-insured arrangements), workers' compensation, disability benefits, supplemental unemployment benefits, vacation benefits, fringe benefits, or retirement benefits, or for profit sharing, deferred compensation, bonuses, stock options, stock appreciation or other forms of incentive compensation or post-retirement insurance, compensation or benefits.
Employee Retirement. Income Security Act of 1974, as amended, including the regulations and published interpretations thereunder ("ERISA"); no "REPORTABLE EVENT" (as defined in ERISA) has occurred with respect to any "PENSION PLAN" (as defined in ERISA) for which any of the Hudson City Parties or its subsidiaries would have any liabilxxx; xone of the Hudson City Parties or any of their subsidiaries has incurred xx xxpects to incur liability under (i) Title IV of ERISA with respect to termination of, or withdrawal from, any "pension plan" or (ii) Sections 412 or 4971 of the Internal Revenue Code of 1986, as amended, including the regulations and published interpretations thereunder (the "CODE"); and each "PENSION PLAN" for which any of the Hudson City Parties or any of their subsidiaries would have axx xxxbility that is intended to be qualified under Section 401(a) of the Code is so qualified in all material respects and nothing has occurred, whether by action or by failure to act, which would cause the loss of such qualification.

Examples of Employee Retirement in a sentence

  • The Buyer is an employee benefit plan within the meaning of Title I of the Employee Retirement Income Security Act of 1974.

  • The Company and any “employee benefit plan” (as defined under the Employee Retirement Income Security Act of 1974, as amended, and the regulations and published interpretations thereunder (collectively, “ERISA”)) established or maintained by the Company or its “ERISA Affiliates” (as defined below) are in compliance in all material respects with ERISA.

  • The Transferee is an employee benefit plan within the meaning of Title I of the Employee Retirement Income Security Act of 1974.

  • The Company and its subsidiaries and any “employee benefit plan” (as defined under the Employee Retirement Income Security Act of 1974, as amended, and the regulations and published interpretations thereunder (collectively, “ERISA”)) established or maintained by the Company, its subsidiaries or their “ERISA Affiliates” (as defined below) are in compliance in all material respects with ERISA.

  • The Plan is not intended to be subject to the Employee Retirement Income Security Act of 1974, as amended.


More Definitions of Employee Retirement

Employee Retirement. Income Security Act of 1974, as amended ("ERISA"), and the Code. The Company and its Subsidiaries and each of their ERISA Affiliates has made full and timely payment of all amounts required to be contributed under the terms of each Employee Plan and applicable law or required to be paid as expenses or benefits under such Employee Plan, and has made adequate provision for reserve to satisfy contributions and payments not yet made because they are not yet due under the terms of such Employee Plan. Each Employee Plan that is intended to be qualified under Section 401(a) of the Code is and has always been so qualified, and each trust established in connection with any Employee Plan which is intended to be exempt from federal income taxation under Section 501(a) of the Code is and has always been so exempt, and either has received a favorable determination letter with respect to such qualified status from the IRS or has filed a request for such determination letter with the IRS within the remedial amendment period. Such determination or qualified status will apply from and after the effective date of any such Employee Plan. No act or omission has occurred since the date of the last favorable determination issued with respect to an Employee Plan which could result in a revocation of the Plan's qualified status.
Employee Retirement. Income Security Act of 1974, as amended ("ERISA")), which CBS and its Affiliates maintain on behalf of their employees at the Stations. In all respects material to this transaction, all "employee pension benefit plans" and "employee welfare benefit plans" listed on Schedule 4.1.15 hereto comply in all material respects with all applicable requirements of law and regulation. None of CBS or any of its Affiliates has incurred or reasonably expects to incur (either directly or indirectly, including as a result of any of the transactions contemplated hereby or any indemnification obligation) any liability (including, without limitation, withdrawal liability) that could become a liability of Entercom, under or pursuant to Title I or IV of ERISA or the penalty, excise tax or joint and several liability provisions of the Code relating to employee benefit plans and no event, transaction or condition has occurred or exists which could result in any such liability. CBS and its Affiliates have made all required contributions to all multi-employer plans within the meaning of Section 3(37) of ERISA.
Employee Retirement. Income Retirement Security Act of 1974, as amended ("ERISA"), with respect to any Plan. AVS has no commitment, whether or not legally binding, to create any additional employee benefit plan (as defined in Section 3(3) of ERISA) or to change the terms of any existing Plan.
Employee Retirement. Income Security Act of 1974, as amended ("ERISA") ("ERISA Plans"). Neither the Company nor any subsidiary maintained or contributed to a defined benefit plan, as defined in Section 3(35)
Employee Retirement. Income Security Act of 1974, as amended, or the rules thereunder) or (2) a gift to such Optionee's children, whether directly or indirectly or by means of a trust or partnership or otherwise. The Stock Option shall be exercisable, subject to the terms of this Agreement and the Plan, during the Optionee's lifetime, only by the Optionee or the guardian or legal representative of the Optionee named on the signature page to this Agreement or any person to whom the Stock Option is transferred in accordance with the preceding sentence.
Employee Retirement. This includes two figures: the amount of the employee’s State orother public or private retirement contribution that is contributed by the agency and the amount of the agency’s Social Security contribution. This will include feedback on what otheragencies are doing to compensate CalPERS PEPRA (aka NEW) employees who may not receive equal employer paid benefits.
Employee Retirement. Income Security Act of 1974, as amended or to Section 4975 of the Internal Revenue Code of 1986, as amended (the "Code") or to any substantially similar law, or any entity deemed to hold the plan assets of the foregoing. Moreover, we hereby certify that we are a United States person within the meaning of Section 7701(a)(30) of the Code. We hereby acknowledge that under the terms of the Trust Agreement among IndyMac ABS, Inc., as Depositor, Wilmington Trust Company, as Owner Trustee, and Deutsche Bank National Trust Company, as Administrator, dated as of March 1, 2006, no transfer of the Certificates shall be permitted to be made to any person unless the Certificate Registrar has received a certificate from such transferee in the form hereof. We hereby indemnify the Depositor, Certificate Registrar, the Insurer and the Owner Trustee against any liability that may result to either of them if our transfer or other disposition of any Certificates (or any interest therein) is not exempt from the registration requirements of the Act and any applicable state securities laws or is not made in accordance with such federal and state laws, the provisions of this certificate or the applicable provisions of the Indenture. Very truly yours, [Name of Transferee] By:_________________________ Name: Title: