Group Benefits Business definition

Group Benefits Business has the meaning set forth in the Master Transaction Agreement.
Group Benefits Business has the meaning set forth in the Reinsurance Agreement.
Group Benefits Business means those Services provided by Unum to Purchaser as of the date of this Agreement for group income replacement, accident and life products, except as specifically excluded in Amending Agreement No. 2 ;

Examples of Group Benefits Business in a sentence

  • Hancock Announces the Divestiture of Selected Insurance Lines of Business Retaining Life, Title Insurance; Divesting Property & Casualty, Group Benefits Business Lines GULFPORT, Miss.

  • Management’s Discussion and Analysis Sun Life Financial Canada – Group Benefits Business Profile SLF Canada’s Group Benefits business unit is a leading provider of group life and health insurance products in Canada.

  • Year Effective Month Year Mainframe, Distributed and Help Desk Application Support Group Benefits Business 1*, May 2007 $255,000 $120,000 2*, May 2008 $255,000 $120,000 3*, May 2009 $255,000 $120,000 4**, May 2010 $306,000 $144,000 5**, May 2011 $331,500 $156,000 *Extended Term; nothing in this table shall be deemed to imply that Purchaser shall be permitted to pay for less than Years 1, 2 and 3 as set forth above.


More Definitions of Group Benefits Business

Group Benefits Business means those functions and services previously and currently provided by UPC to Purchaser under the TSA for group income replacement, accident and life products, except as specifically excluded in this Amending Agreement ;

Related to Group Benefits Business

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in the aggregate as are payable thereunder prior to a Change in Control;

  • Transferred Employee has the meaning set forth in Section 6.01(a).

  • Affected Employees means those employees who are exposed to the hazard(s) identified as a violation(s) in a citation.

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).

  • Company Employee means an employee of the Company or any of its Subsidiaries.

  • Compensation and Benefits Programs means all compensation and benefit plans, policies, and programs of the Debtors, and all amendments and modifications thereto, applicable to the Debtors’ employees, former employees, retirees, and non-employee directors and the employees, former employees and retirees of their subsidiaries, including all savings plans, retirement plans, health care plans, disability plans, and incentive plans, deferred compensation plans, and life, accidental death, and dismemberment insurance plans.

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • Affected employee means an employee who would be affected by the grant or denial of a variance, or any one of the employee’s authorized representatives, such as the collective bargaining agent.

  • Medical Benefits means the monthly fair market value of benefits provided to the Employee and the Employee’s dependents under the major medical, dental and vision benefit plans sponsored and maintained by the Company, at the level of coverage in effect for such persons immediately prior to the Employee’s termination of employment date. The “monthly fair market value” of such benefits shall be equal to the monthly cost as if such persons elected COBRA continuation coverage at such time at their own expense.

  • Parent Benefit Plan means any Employee Benefit Plan maintained by, sponsored by or contributed to by, or obligated to be contributed to by any Parent Group Entity.

  • Newly hired employee or “New Hire” means any employee, whether permanent, full-time, or part-time, hired by the Office and who is still employed as of the date of new employee orientation. It also includes all employees who are or have been previously employed by the Office and whose current position has placed them in the bargaining unit represented by CSEA. For those latter employees, for purposes of this article only, the “date of hire” is the date upon which the employees’ employment status changed as such that the employee was placed in the CSEA unit.

  • Post-Employment Period is defined in Section 8.2.

  • Protected Employees means employees of the Company who were employed by the Company at any time within six (6) months prior to the Determination Date.

  • Company Employee Agreement means any management, employment, severance, change in control, transaction bonus, consulting, repatriation or expatriation agreement or other contract between any Group Company and any current or former employee, director or officer of such Group Company.

  • Current Employees has the meaning set forth in Section 5.6(a).