Obligations to Employees definition

Obligations to Employees or as provided by law none of the Company or the Company Subsidiaries are parties to, or participate in or have any liability with respect to any employee benefit plan, retirement or deferred compensation plan, incentive compensation plan, stock plan, unemployment compensation plan, vacation pay, severance pay, bonus or benefit arrangement, insurance or hospitalization program or any other fringe benefit arrangements (referred to collectively hereinafter as “Fringe Benefit Arrangements”) whether pursuant to Contract, arrangement, custom or informal understanding.
Sample 1
Obligations to Employees each of the Fringe Benefit Arrangements has been operated and administered in all material respects in accordance with its terms and all applicable laws.
Sample 1

Examples of Obligations to Employees in a sentence

  • Permits Taxes and Assessments Obligations to Employees Further Action; Efforts.

  • Obligations to Employees of VCG; Guarantee by Xxxxx and Xxxxxxx of Valentine Assumption Obligation.

  • The Issuer's Obligations to Employees with Respect to Their Potential Participation in the Issuer's Charter (Share) Capital (Equity Fund) As of December 31, 2003, no agreements or obligations of the Company existed with respect to the potential participation of employees of the Company in its share capital, including option programs.

  • Schedule 2.1 Retained Contract Rights Schedule 2.7 Assumed Obligations to Employees Schedule 3.5 Organizational Documents Schedule 3.7 Liabilities Schedule 3.8 Litigation Schedule 3.9 Employment Agreements; Loans Schedule 3.10 Material Contracts INTEREST PURCHASE AGREEMENT INTEREST PURCHASE AGREEMENT, dated as of June 16, 1997, by and among XXXX X.

Related to Obligations to Employees

  • Eligible Liabilities and “Special Deposits” have the meanings given to them from time to time under or pursuant to the Bank of England Act 1998 or (as may be appropriate) by the Bank of England;

  • Compensation Plans shall have the meaning set forth in Section 3.11(b).

  • Excluded Employees means those employees listed on Schedule 1.1(w);

  • Eligible Individuals means directors, officers, employees and consultants of the Company or any of its Subsidiaries or Affiliates, and prospective employees and consultants who have accepted offers of employment or consultancy from the Company or its Subsidiaries or Affiliates.

  • Incentive Compensation Plans means annual incentive compensation plans and long-term incentive compensation plans of the Company, which long-term incentive compensation plans may include plans offering stock options, restricted stock and other long-term incentive compensation.

  • Terms and Conditions of Employment means the hours of employment, the compensation therefore including fringe benefits, and the employer's personnel policies affecting the working conditions of the employees.

  • Employee Obligations means all wages, bonuses, vacation pay, sick time, pension payments, overtime pay, change of control payments, severance pay and any other termination or severance obligations and any other compensation or obligation which may be due by statute, contract or Law relating to the employment of the Employees.

  • Continuing Employees shall have the meaning set forth in Section 6.9(a).

  • Indemnity Obligations means all obligations of the Company to Indemnitee under this Agreement, including the Company’s obligations to provide indemnification to Indemnitee and advance Expenses to Indemnitee under this Agreement.

  • Active Employees means all employees employed on the Closing Date by Seller for its business who are employed exclusively in Seller’s business as currently conducted, including employees on temporary leave of absence, including family medical leave, military leave, temporary disability or sick leave, but excluding employees on long-term disability leave.

  • Hired Employees has the meaning set forth in Section 6.1(a).

  • Compensation and Benefit Plans has the meaning set forth in Section 5.03(m).

  • Retained Employees has the meaning set forth in Section 6.1.1.

  • Eligible Persons or “Households” means one or more natural persons or a family who pays 30 percent of their household income toward their monthly rent and is determined by Grantee to be eligible for rental assistance under this Agreement.

  • Designated Employees means a person occupying any of the following position in the Company:

  • Employees Stock Option” means the option given to the directors, officers or employees of a company or of its holding company or subsidiary company or companies, if any, which gives such directors, officers or employees, the benefit or right to purchase, or to subscribe for, the shares of the company at a future date at a pre-determined price.

  • 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.

  • Safety Obligations means all applicable obligations concerning health and safety (including any duty of care arising at common law, and any obligation arising under statute, statutory instrument or mandatory code of practice) in Great Britain;

  • Seller Obligations means all present and future indebtedness, reimbursement obligations, and other liabilities and obligations (howsoever created, arising or evidenced, whether direct or indirect, absolute or contingent, or due or to become due) of the Seller to any Purchaser Party, Seller Indemnified Party and/or any Affected Person, arising under or in connection with this Agreement or any other Transaction Document or the transactions contemplated hereby or thereby, and shall include, without limitation, all obligations of the Seller in respect of the Seller Guaranty and the payment of all Capital, Yield, Fees and other amounts due or to become due under the Transaction Documents (whether in respect of fees, costs, expenses, indemnifications or otherwise), including, without limitation, interest, fees and other obligations that accrue after the commencement of any Insolvency Proceeding with respect to the Seller (in each case whether or not allowed as a claim in such proceeding).

  • Employment Liabilities means all claims, demands, actions, proceedings, damages, compensation, tribunal awards, fines, costs (including but not limited to reasonable legal costs), expenses and all other liabilities whatsoever;