Retirement and Welfare Benefits definition

Retirement and Welfare Benefits means benefits provided by the following types of plans and arrangements: pension plans, defined contribution plans (matched savings, profit sharing, money purchase, ESOP, and similar plans and arrangements), plans providing for death benefits while employed or retired (life insurance, survivor income, and similar plans and arrangements), plans providing for short-term disability benefits (including accident and sick time), plans providing for long-term disability benefits, plans providing health-care benefits (including reimbursements during active employment or retirement related to expenses for medical, vision, hearing, dental, and similar plans and arrangements).
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Retirement and Welfare Benefits means benefits provided by the following types of plans and arrangements: pension plans, defined contribution plans (matched savings, profit sharing, money purchase, ESOP, and similar plans and arrangements), plans providing for death benefits while employed or retired (life insurance, survivor income, and similar plans and arrangements), plans providing for short-term disability benefits (including accident and sick time), plans providing for long-term disability benefits and plans providing health-care benefits (including reimbursements during active employment or retirement related to expenses for medical, vision, hearing, dental, and similar plans and arrangements).
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Examples of Retirement and Welfare Benefits in a sentence

  • For purposes of Section 1.23(d)(iii) above, an acquiring employer’s package of Retirement and Welfare Benefits shall be considered Economically Equivalent if, in the written opinion of the Benefits Consultant, the anticipated, employer-provided value of what ▇▇.

  • The taking of any action by the Company that would directly or indirectly cause a Material Reduction in the Retirement and Welfare Benefits to which ▇▇.

  • The taking of any action by the Company that would directly or indirectly cause a Material Reduction in the Retirement and Welfare Benefits to which Executive is entitled under the Company's Retirement and Welfare Benefit plans in which Executive was participating on his Employment Date.

  • The taking of any action by the Company that would directly or indirectly cause a Material Reduction in the Retirement and Welfare Benefits to which Mr. Fanning is entitled under the Company's Retirement and ▇▇▇▇▇▇▇ Benefit plans in which Mr. Fanning was participating on the day immediately pre▇▇▇▇▇▇ ▇▇▇ day the Change in Control is Consummated.

  • The taking of any action by the Company that would directly or indirectly cause a Material Reduction in the Retirement and Welfare Benefits to which Mr. McCrary is entitled under the Company's Reti▇▇▇▇▇▇ ▇▇▇ Welfare Benefit plans in which Mr. McCrary was participating on the day immedia▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇ day the Change in Control is Consummated.

  • The taking of any action by the Company that would directly or indirectly cause a Material Reduction in the Retirement and Welfare Benefits to which Mr. Holland is entitled under the Company's Retirement and ▇▇▇▇▇▇▇ Benefit plans in which Mr. Holland was participating on the day immediately pr▇▇▇▇▇▇▇ ▇▇▇ day the Change in Control is Consummated.

  • The taking of any action by the Company that would directly or indirectly cause a Material Reduction in the Retirement and Welfare Benefits to which Mr. Bowers is entitled under the Company's Retirement and ▇▇▇▇▇▇▇ Benefit plans in which Mr. Bowers was participating on the day immediately prec▇▇▇▇▇ ▇▇▇ day the Change in Control is Consummated.

  • The taking of any action by the Company that would directly or indirectly cause a Material Reduction in the Retirement and Welfare Benefits to which Mr. McCrary is entitled under the Company's Retirement and ▇▇▇▇▇▇▇ Benefit plans in which Mr. McCrary was participating on the day immediately pre▇▇▇▇▇▇ ▇▇▇ day the Change in Control is Consummated.

  • The taking of any action by the Company that would directly or indirectly cause a Material Reduction in the Retirement and Welfare Benefits to which Mr. Garrett is entitled under the Company's Retirement and ▇▇▇▇▇▇▇ Benefit plans in which Mr. Garrett was participating on the day immediately pre▇▇▇▇▇▇ ▇▇▇ day the Change in Control is Consummated.

  • The taking of any action by the Company that would directly or indirectly cause a Material Reduction in the Retirement and Welfare Benefits to which Mr. Garrett is entitled under the Company's Re▇▇▇▇▇▇▇▇ ▇▇d Welfare Benefit plans in which Mr. Garrett was participating on the day immed▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇ day the Change in Control is Consummated.