MDC Benefit Plan definition

MDC Benefit Plan means each “employee benefit plan” (as defined in Section 3(3) of ERISA), whether or not subject to ERISA, and each bonus, stock option, stock appreciation right, restricted stock, restricted stock unit, phantom right, incentive unit, stock purchase, or other stock- or equity-based, profit sharing, savings, disability, incentive, deferred compensation, retirement, pension, severance, employment, consulting, retention, change in control, medical, vision, dental or other health plans, life insurance, employee assistance, relocation benefits, post-employment retirement benefits, unemployment benefits, disability or sick leave benefits, workers’ compensation benefits, vacation, fringe benefit or other employee benefit or compensation plans, programs, arrangements, Contracts or policies, in each case, whether funded or unfunded, written or unwritten, insured or self-insured, maintained or contributed to, or required to be maintained or contributed to, for the benefit of, or relating to, any MDC Participant (or their beneficiaries or dependents), or with respect to which MDC or any MDC Subsidiary could have any liability.

Examples of MDC Benefit Plan in a sentence

  • No officer or director of MDC, or to the knowledge of MDC, no holder of 10% or more of the equity interests in MDC or any MDC Subsidiary and, to the knowledge of MDC, no immediate family member of any of such Persons, or, to the knowledge of MDC, any trust, partnership or corporation in which any of such Persons has or has had an interest is a party to any Contract (other than an MDC Benefit Plan) to which MDC or any MDC Subsidiary is a party or any of its properties or assets are bound.

  • No MDC Benefit Plan is under audit or is the subject of an investigation by the Internal Revenue Service, the U.S. Department of Labor, the Pension Benefit Guaranty Corporation, the U.S. Securities and Exchange Commission or any other Governmental Entity, in any jurisdiction, nor is any such audit or investigation pending or, to the knowledge of MDC, threatened.