Examples of Seller 401(k) Plan in a sentence

Each U.S. Transferred Employee who is not a participant in the Seller 401(k) Plan immediately prior to the Closing shall be permitted to enroll in the Buyer 401(k) Plan after the Closing Date in accordance with the terms of the Buyer 401(k) Plan.
Subject to the passing of the Scheme Resolutions (and satisfaction of the other conditions of the Scheme, full details of which are set out in paragraph 14 of Part 3 of this document), the Company will be placed into members’ voluntary liquidation and the Scheme will take effect from the Effective Date.
Buyer shall direct the trustee of the Buyer 401(k) Plan to accept such transfer of assets and liabilities from the Seller 401(k) Plan.
Prior to the Closing Date, Seller shall make any necessary employer contributions to the Seller 401(k) Plan due such Seller Continuing Employees for compensation paid by Seller prior to termination of the Seller 401(k) Plan.
Such actions may include, for example, amending the Seller 401(k) Plan to permit a U.S. Transferred Employee to continue to make scheduled loan payments to the Seller 401(k) Plan after the Closing, but before the Seller 401(k) Plan assets and liabilities are transferred to the Buyer 401(k) Plan, and adopting administrative procedures to facilitate such loan payments.

More Definitions of Seller 401(k) Plan

Seller 401(k) Plan is defined in Section 5.4(c).

Seller 401(k) Plan is defined in Section 8.6(b) of this Agreement.

Seller 401(k) Plan has the meaning given to such term in Section 6.01(g).

Seller 401(k) Plan means the Seller 401(k) Retirement Plan.

Seller 401(k) Plan shall have the meaning given in Section 10.4(c)(iv).

Seller 401(k) Plan means the Gaiam, Inc. 401(k) Plan.