Retained Plan definition

Retained Plan means each Benefit Plan other than an Assumed Plan.
Sample 1
Retained Plan means each Employee Plan that is not a Group Company Plan. “SEC” means the United States Securities and Exchange Commission. “Securities Act” means the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder. “Seller Parent” means CenterPoint Energy, Inc., a Texas corporation. “Seller Portion” has the meaning set forth on Schedule 1.01(h). “Seller Related Party” shall mean the Seller, Seller Parent, the Company and any of their respective Affiliates and their respective affiliates’ stockholders, partners, members, officers, directors, employees, controlling persons, agents and representatives. “Seller’s Licensed IP Rights” means, other than Trademarks, any and all Intellectual Property Rights owned by Seller Parent or any of its Subsidiaries (other than the Group Companies) that were used or practiced in the Business in the twelve (12) months prior to the Closing. “Shared Contract” means any Contract to which Seller or any of its Subsidiaries is a party with any non-Affiliated third party and which materially benefits both the Business and any Retained Business. “Specified Contract” means the Contract identified on Schedule 1.01(i)(i). “Specified Matter” means the matter described on Schedule 1.01(i)(ii). “Subsidiary” means, with respect to a Person, a corporation or other entity of which more than 50% of the voting power of the equity securities or equity interests is owned, directly or indirectly, by such Person. “Target Closing Net Working Capital” means $187,000,000. “Tax Return” means all Tax returns, declarations, statements, reports, schedules, forms and information returns and any schedule or attachment thereto, including any amendment to any of the foregoing relating to Taxes. 12
Sample 1
Retained Plan means those Plans identified in Section 5.10(a)(2) hereof.
Sample 1

Examples of Retained Plan in a sentence

  • Notwithstanding the foregoing, in the event of any conflict between this paragraph (c) and the terms of any Healthcare Plan, Electronics Plan or Tyco Retained Plan, the express terms of such plan shall govern.

  • Notwithstanding the foregoing, in the event of any conflict between this paragraph (c) and the terms of any Fountain Plan or Trident Retained Plan, the express terms of such plan shall govern.

  • Notwithstanding the foregoing, in the event of any conflict between this paragraph (c) and the terms of any ADT North American R/SB Plan or Tyco Retained Plan, the express terms of such plan shall govern.

  • Each Retained Plan will be treated as if it was an executory contract assumed hereunder, and the Debtors’ obligations under each such Retained Plan shall survive Confirmation of this Plan.

  • Except as set forth on Schedule 3.01(o), neither the Company nor any of its Subsidiaries has communicated to any Employee any intention or commitment to modify any Retained Plan or to establish or implement any other employee or retiree benefit or compensation plan or arrangement which would, if it existed on the date hereof, be a Retained Plan.

  • SEE has made available to Buyer true and complete copies of each Diversey Plan and each other material Business Plan (other than each Retained Plan).

  • Effective as of the AMP Closing, AGSA and AMPSA shall cause (i) the AMP Entities to, assume or retain, as the case may be, all obligations with respect to each AMP Plan and honor and discharge all obligations under each AMP Plan and (ii) the AGSA Entities to, assume or retain, as the case may be, all obligations with respect to each AGSA Retained Plan and honor and discharge all obligations under each AGSA Retained Plan.

  • It is the role of the Commissioner to ensure that they have an independent voice, their rights are upheld, and their wellbeing is prioritised in decisions that affect them.

  • Following each Continuing Employee’s termination of employment with Purchaser and its Affiliates at any time on or prior to the first (1st) anniversary of the Closing Date, the Seller shall provide such employee with post-retirement medical, life insurance and other benefits under the applicable Retained Plan in accordance with the terms of such plan on the same basis as if such employee’s employment had continued with the Seller Entities through the date of such termination.

  • Final payment of the balance of the trip cost is due no later than January 24, 2024.

Related to Retained Plan

  • SERP has the meaning assigned thereto in Section 5(c) hereof.

  • Permitted Plan means any employee benefits plan of the Company or any of its Affiliates and any Person acting in its capacity as trustee, agent or other fiduciary or administrator of any such plan.

  • Deferred Plan means a trust governed by a registered retirement savings plan, registered retirement income fund, registered education savings plan or tax-free savings account.

  • Seller 401(k) Plan shall have the meaning set forth in Section 6.01(i).

  • 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.

  • Thrift Plan means the Financial Institutions Thrift Plan, a qualified and tax-exempt defined contribution plan and trust under Sections 401(a) and 501(a) of the Code, as adopted by the Bank.

  • Separation Plan means the Company’s Separation Plan Amended and Restated Effective August 13, 2006, as may be amended from time to time or any successor plan, program, arrangement or agreement thereto.

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

  • Prior Plan means the coverage provided on a group or group-type basis by the group insurance policy, benefit plan or service plan that was terminated on the day before the Effective Date of the Plan and replaced by the Plan.

  • Parent Plan has the meaning set forth in Section 7.8(b).

  • 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 value in the aggregate as are payable thereunder prior to a Change in Control.

  • Super Top Heavy Plan means a plan described in Section 2.2(b).

  • Restoration Plan means all technical and organisational measures necessary for the restoration of the system back to normal state;

  • Nonqualified deferred compensation plan means a compensation plan described in Section 3121(v)(2)(C) of the Internal Revenue Code.

  • Supplemental Plan means a written plan for a child outlining the agency's plan to locate a permanent placement for the child and which may be developed concurrently with the case plan.

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

  • Basic Plan means as to any Member or Vested Former Member the defined benefit pension plan of the Company or an Affiliated Employer intended to meet the requirements of Code Section 401(a) pursuant to which retirement benefits are payable to such Member or Vested Former Member or to the Surviving Spouse or designated beneficiary of a deceased Member or Vested Former Member.

  • Company 401(k) Plan has the meaning set forth in Section 6.4(e).

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • Company Employee Agreement means each management, employment, severance, consulting, relocation, repatriation or expatriation agreement or other Contract between the Company or any Company Affiliate and any Company Employee, other than any such management, employment, severance, consulting, relocation, repatriation or expatriation agreement or other Contract with a Company Employee which is terminable “at will” without any obligation on the part of the Company or any Company Affiliate to make any payments or provide any benefits in connection with such termination.

  • Defined Contribution Plan A retirement plan which provides for an individual account for each participant and for benefits based solely on the amount contributed to the participant's account, and any income, expenses, gains and losses, and any forfeitures of accounts of other participants which the plan may allocate to such participant's account. The Advisory Committee must treat all defined contribution plans (whether or not terminated) maintained by the Employer as a single plan. Solely for purposes of the limitations of Part 2 of this Article III, the Advisory Committee will treat employee contributions made to a defined benefit plan maintained by the Employer as a separate defined contribution plan. The Advisory Committee also will treat as a defined contribution plan an individual medical account (as defined in Code Section 415(l)(2)) included as part of a defined benefit plan maintained by the Employer and, for taxable years ending after December 31, 1985, a welfare benefit fund under Code Section 419(e) maintained by the Employer to the extent there are post-retirement medical benefits allocated to the separate account of a key employee (as defined in Code Section 419A(d)(3)).

  • Prior Plans means, collectively, the Company’s 2006 Long-Term Incentive Plan, as amended, 2009 Long-Term Incentive Plan, 2012 Long-Term Incentive Plan and 2013 Long-Term Incentive Plan. Awards granted under the Prior Plans continue to be governed under the terms of those Prior Plans.

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Savings Plan or "plans" means a plan that provides different investment strategies and allows account distributions for qualified higher education expenses.

  • EHC plan means an Education, Health and Care plan made under sections 37(2) of the Children and Families Act 2014.

  • Plan A means the 1997 Incentive Stock Option Plan;