ERISA Welfare Plan definition

ERISA Welfare Plan means an employee welfare benefit plan as defined in Section 3(1)
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ERISA Welfare Plan means an employee welfare benefit plan as defined in Section 3(1) of ERISA.
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ERISA Welfare Plan with respect to any Obligor, an employee welfare benefit ------------------ plan as defined in Section 3(1) of ERISA, other than a Multiemployer Plan, which is maintained by such Obligor or any of its ERISA Affiliates.
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Examples of ERISA Welfare Plan in a sentence

  • Neither the Company nor any Subsidiary has any present or future obligation to make any payment to or under any "employee welfare plan" (as defined in Section 3(1) of ERISA, "ERISA Welfare Plan") which provides benefits to retirees.

  • No condition exists, to the Company's knowledge, which would prevent the Company or any Subsidiary from amending or terminating any ERISA Welfare Plan.

  • Each "employee welfare benefit plan" ("ERISA Welfare Plan") as defined in Section 3(1) of ERISA of the Company or any ERISA Affiliate that is a "group health plan" within the meaning of Section 4980B(g)(2)(B) of the Code has been administered in accordance with Title I, Subtitle B, Part 6 of ERISA and has met the requirements of Section 4980B of the Code.

  • For purposes of this Section, Employee Benefit Plan means any qualified or non-qualified employee welfare benefit plan (as defined in Section 3(1) of ERISA ("Welfare Plan")) and each employee pension benefit plan (as defined in Section 3(2) of ERISA ("Pension Plan")).

  • Other than as disclosed in Schedule 4.12, Suncoast is not obligated under any employee welfare benefit plan as described in Section 3(1) of ERISA ("Welfare Plan"), whether or not disclosed in Schedule 4.12, to provide medical or death benefits with respect to any employee or former employee of Suncoast or its predecessors after termination of employment.

  • Except as otherwise set forth in the Transition Services Agreement, as of the Closing Date, Company Employees shall cease to participate in any plan or program described in Section 3(1)(A) of ERISA (other than a plan, fund or program established or maintained for the purpose of providing unemployment, severance or worker's compensation benefits), including foreign plans not subject to ERISA ("Welfare Plan"), sponsored by ConAgra or any Affiliate of ConAgra that is not an Acquired Company.

  • Such Obligor will not, and will not permit any of its Subsidiaries to, seek any waiver from the minimum funding standard set forth under Section 302 of ERISA or Section 412 of the Code or to engage in any Prohibited Transaction with respect to any ERISA Plan, ERISA Welfare Plan or Multiemployer Plan.

  • Except as disclosed in the Disclosure Schedule, there are no pending or, to the knowledge of KAR and each Equityholder, threatened Actions (other than claims for benefits in the normal course), asserted or instituted against (i) any ERISA Welfare Plan or its assets, (ii) any ERISA Pension Plan or its assets, (iii) any fiduciary of any ERISA Pension Plan or ERISA Welfare Plan with respect thereto or (iv) KAR or any ERISA Affiliate with respect to any Benefit Plan.

  • SCHEDULE 4.04 hereto lists (i) each ERISA Pension Plan maintained within the last five (5) years by the Sellers or any of their ERISA Affiliates, (ii) each ERISA Welfare Plan, and (iii) each other profit sharing, group insurance, bonus, deferred compensation, stock option, severance pay, insurance, pension or retirement plan for employees or officers of any of the Sellers or any ERISA Affiliate (together with the ERISA Pension Plans and ERISA Welfare Plans, the "Employee Benefit Plans").

  • Schedule 2.21(a) identifies each Employee Plan which is an employee welfare benefit plan (as defined in Section 3(1) of ERISA) ("Welfare Plan").


More Definitions of ERISA Welfare Plan

ERISA Welfare Plan means any "employee welfare benefit plan" as defined in Section 3(1) of ERISA, (A) which any Company or any ERISA Affiliate maintains, administers, contributes to or is required to contribute to, or has ever maintained, administered, contributed to or been required to contribute to, and (B) in which any individual while retained or employed by any Company or any ERISA Affiliate participates by reason of being so retained or employed.
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ERISA Welfare Plan means an Employee Plan, a Pension Plan, or a Welfare Plan, respectively, which is subject to ERISA.
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ERISA Welfare Plan. Any employee welfare benefit plan as defined in Section 3(l) of ERISA which is established maintained or contributed to by the Company or any ERISA Affiliate. (b) Schedule 3.17(b) lists or describes (i) all Employee Plans maintained or contributed to by the Company or an ERISA Affiliate pursuant to which the Company or its ERISA Affiliates provides benefits or compensation to or on behalf of employees or former employees of the Company and (ii) all Employee Plans currently maintained or contributed to by an ERISA Affiliate which are employee pension benefit plans as defined in Section 3(2) of ERISA including money purchase plans but excluding other individual account plans as defined in Section 3(34)
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ERISA Welfare Plan means any employee welfare benefit plan as defined in Section 3(1) of ERISA that is established, maintained or contributed to by the Sellers or any ERISA Affiliate.
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ERISA Welfare Plan means any "employee welfare benefit plan" as defined in Section 3(1) of ERISA, (A) which KAR or any ERISA Affiliate maintains, administers, contributes to or is required to contribute to, or has ever maintained, administered, contributed to or been required to contribute to, and (B) in which any individual while retained or employed by KAR or any ERISA Affiliate participates by reason of being so retained or employed.
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Related to ERISA Welfare Plan

  • Retiree Welfare Plan means, at any time, a Welfare Plan that provides for continuing coverage or benefits for any participant or any beneficiary of a participant after such participant’s termination of employment, other than continuation coverage provided pursuant to Section 4980B of the IRC and at the sole expense of the participant or the beneficiary of the participant.

  • Welfare Plan means a “welfare plan” as defined in Section 3(1) of ERISA.

  • Employee Welfare Benefit Plan has the meaning set forth in ERISA Section 3(1).

  • Health and Welfare Plans means any plan, fund or program which was established or is maintained for the purpose of providing for its participants or their beneficiaries, through the purchase of insurance or otherwise, medical (including PPO, EPO and HDHP coverages), dental, prescription, vision, short-term disability, long-term disability, life and AD&D, employee assistance, group legal services, wellness, cafeteria (including premium payment, health flexible spending account and dependent care flexible spending account components), travel reimbursement, transportation, or other benefits in the event of sickness, accident, disability, death or unemployment, or vacation benefits, apprenticeship or other training programs or day care centers, scholarship funds, or prepaid legal services, including any such plan, fund or program as defined in Section 3(1) of ERISA.

  • 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.

  • Welfare Plans shall have the meaning set forth in Section 3.2.4.

  • 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 ERISA Affiliate means all employers (whether or not incorporated) that would be treated together with the Company or any of its Subsidiaries as a “single employer” within the meaning of Section 414 of the Code.

  • 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.

  • ERISA Plan means any employee pension benefit plan subject to Title IV of ERISA maintained by any ERISA Affiliate with respect to which any Restricted Person has a fixed or contingent liability.

  • Health and Welfare Benefits means any form of insurance or similar benefit programs, which may include but not be limited to, medical, hospitalization, surgical, prescription drug, dental, optical, psychiatric, life, or long-term disability.

  • Employee Plan means each "employee benefit plan," as such term is defined in Section 3(3) of ERISA, that (A)(i) is subject to any provision of ERISA and (ii) is maintained or contributed to by the Company, or (B)(i) is subject to any provision of Title IV of ERISA and (ii) is maintained or contributed to by any of the Company's ERISA Affiliates.

  • ERISA Plans has the meaning set forth in Section 3.1(n)(1).

  • 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.

  • Employee Plans has the meaning set forth in Section 3.14(b).

  • ERISA means the Employee Retirement Income Security Act of 1974, as amended.

  • ERISA Affiliate Plan means each Employee Benefit Plan sponsored or maintained or required to be sponsored or maintained at any time by any ERISA Affiliate, or to which such ERISA Affiliate makes or has made, or has or has had an obligation to make, contributions at any time, or with respect to which such ERISA Affiliate has any liability or obligation.

  • Pension Plan means any “employee pension benefit plan” (as such term is defined in Section 3(2) of ERISA), other than a Multiemployer Plan, that is subject to Title IV of ERISA and is sponsored or maintained by the Borrower or any ERISA Affiliate or to which the Borrower or any ERISA Affiliate contributes or has an obligation to contribute, or in the case of a multiple employer or other plan described in Section 4064(a) of ERISA, has made contributions at any time during the immediately preceding five plan years.

  • Multiple employer welfare arrangement means a multiple employer welfare arrangement

  • 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).

  • Employee Pension Benefit Plan has the meaning set forth in ERISA Section 3(2).

  • 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;

  • Child welfare agency means a child-placing agency, child-caring institution or independent foster

  • Multiemployer Pension Plan means a multiemployer plan, as defined in Section 4001(a)(3) of ERISA, to which the Company or any other member of the Controlled Group may have any liability.

  • ERISA Affiliate means any trade or business (whether or not incorporated) that, together with the Borrower, is treated as a single employer under Section 414(b) or (c) of the Code or, solely for purposes of Section 302 of ERISA and Section 412 of the Code, is treated as a single employer under Section 414 of the Code.