Other Benefit Plan definition

Other Benefit Plan means any employee welfare benefit plan (within the meaning of section 3(1) of the Employee Retirement Income Security Act of 1974, as amended) maintained by the Company.

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Other Benefit Plan means any arrangement providing health care benefits or services, including but not limited to: group, blanket, or franchise insurance coverage; group or individual practice or other prepayment coverage; labor management trusteed plans; union welfare plans; employer organization plans, or employee benefit organization plans; or any tax supported or governmental program.

Examples of Other Benefit Plan in a sentence

Parent hereby agrees to honor, and agrees to cause the Surviving Corporation to honor, and to make required payments when due under all Company Benefit Plans and all similar types of contracts, agreements, arrangements, policies, plans and commitments not required to be scheduled pursuant to Section 3.01(i) hereof (the "Other Benefit Plans"), provided, that the Company shall have the right at any time to amend or terminate any such Company Benefit Plan or Other Benefit Plan in accordance with its terms.
Neither this Section 5.06 nor any other provision of this Agreement shall limit the ability or right of the Company and its subsidiaries to terminate the employment of any of their respective employees after the Closing (subject to any rights of any such employee pursuant to any Company Benefit Plan or any Other Benefit Plan).
The US Borrower and each ERISA Affiliate have operated and administered each Pension Plan and Other Benefit Plan in compliance with all applicable laws, except for such instances of noncompliance as have not resulted in and could not reasonably be expected to result in a Material Adverse Effect.
Deutsche Bank has made available to Purchaser true and correct copies of (A) each Other Benefit Plan and (B) the most recent summary plan description for each Other Benefit Plan for which a summary plan description is required or available.
In particular, to the knowledge of the Company, no individual who has performed services for the Company or any of its subsidiaries has been improperly excluded from participation in any Company Benefit Plan or Other Benefit Plan.
Ex. D 6 (6) Recovery of Other Benefit Plan Overpayments ..........................
Newco/UWS shall assume and be solely responsible for the payment of all Liabilities with respect to any Newco/UWS Participant or Newco/UWS Former Employee unpaid as of and through the Effective Date under any Other Benefit Plan.
Section 3.18 of the Disclosure Schedule lists each material Pension Plan, Multiemployer Plan, Welfare Plan and Other Benefit Plan maintained or administered as of the date hereof by any Purchased Company or Asset Seller, or to which any Purchased Company or Asset Seller contributes, or in which any employee of any Purchased Company or Asset Seller participates in connection with his or her employment with such Purchased Company or Asset Seller (each, a “Benefit Plan”).
Each Company Benefit Plan and Other Benefit Plan that is intended to be qualified under Section 401(a) or 501(c)(9) of the Code so qualifies and has received a favorable determination letter from the IRS to such effect.
Newco/UWS shall assume and be solely responsible for the payment of all Liabilities with respect to any Newco/UWS Participant or Newco/UWS Former Employee unpaid as of and through the Distribution Date under any Other Benefit Plan.

More Definitions of Other Benefit Plan

Other Benefit Plan means any employee benefit plan, within the meaning of Section 3(3) of ERISA, employment or other compensation plan, program or contract, including, without limitation, a "cafeteria plan" under Section 125 of the Internal Revenue Code, under any of which the Borrower or any Subsidiary of the Borrower has any liability or obligation, but excluding any Pension Plan or Multiemployer Plan.

Other Benefit Plan means any employee welfare benefit plan (within the meaning of Section 3(1) of the Employee Retirement Income Security Act of 1974, as amended) maintained by the Company.

Other Benefit Plan any Benefit Plan sponsored or maintained by UWS prior to the Effective Date other than a Transferred Retirement Plan, a Welfare Plan, the UWS Nonqualified Compensation Plans, the UWS SAR Plan, the UWS Stock Option Plans, the Supplemental Retirement Plan and the Deferred Compensation Plan.

Other Benefit Plan means any bonus, deferred compensation, stock purchase, stock option, stock appreciation rights, phantom stock rights, severance, salary continuation, vacation, sick leave, fringe benefit, incentive, insurance, welfare or similar plan or arrangement other than a Pension Plan, Multiemployer Plan, Welfare Plan or the Redemption Agreements. “Pension Plan” means any employee pension benefit plan as defined in Section 3(2) of ERISA or the Laws of any other relevant jurisdiction. “Welfare Plan” means any employee welfare benefit plan as defined in Section 3(1) of ERISA or the Laws of any other relevant jurisdiction.