Seller Deferred Compensation Plans definition

Seller Deferred Compensation Plans has the meaning given in Section 8.7(c).
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Seller Deferred Compensation Plans means the Voya Supplemental Executive Retirement Plan and the Voya Deferred Compensation Savings Plan, as the same have been amended or restated from time to time.
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Seller Deferred Compensation Plans means those Employee Benefit Plans that are deferred compensation plans, identified as such on Schedule 3.13(a).
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Examples of Seller Deferred Compensation Plans in a sentence

  • Seller shall remain responsible for all liabilities associated with the Seller Deferred Compensation Plans other than the Assumed Deferred Compensation.

  • To assure that Executive will be in a position to perform his duties to the Company without concern over unwarranted liability, the Company shall indemnify and advance reasonable defense expenses to the Executive to the full extent permitted by Colorado.

  • From and after the Closing, Purchaser agrees to indemnify and hold harmless the Seller Group and its officers, directors, employees, and agents from and against any and all costs, damages, losses, expenses, or other Liabilities arising out of or related to the Deferred Compensation Employees under the applicable Seller Deferred Compensation Plans.

  • Seller shall cause all unvested accrued benefits of the Covered Employees in the Seller’s retirement plans (including the Voya Retirement Plan) and the Seller Deferred Compensation Plans to fully vest effective upon the Employee Transfer Date.

  • From and after the Closing, Buyer and the Buyer Deferred Compensation Plans shall assume all Liabilities with respect to or relating to Business Employee DCP Participants under the applicable Seller Deferred Compensation Plan, and Sellers and their Affiliates and the Seller Deferred Compensation Plans shall be relieved of all such Liabilities under such Seller Deferred Compensation Plans with respect to the Business Employee DCP Participants.

  • Effective as of the Closing, the Purchaser Deferred Compensation Plan shall assume the account balances of the Transferred Business Employees in the Seller Deferred Compensation Plans (which shall be fully vested as of the Closing), provided that an amount equal to the aggregate fair market value of such account balances as of the Closing Date shall be treated as Funded Debt (and subject to adjustment in accordance with Section 2.9).

  • Buyer covenants and agrees to make all payments pursuant to the Buyer Deferred Compensation Plan at the same time and in the same form as such amounts were required to be paid under the terms of the Seller Deferred Compensation Plans and any election forms thereunder (unless a Covered Employee makes, and Buyer permits, a valid subsequent deferral election to further delay the payment of such amounts or Buyer or its applicable Subsidiary elects to terminate such Buyer Deferred Compensation Plan).

  • To the extent requested by Seller, Purchaser shall facilitate through Purchaser’s payroll system the payment of any amounts payable to Continuing Employees under the Seller Deferred Compensation Plans, with the amount of any such payment (and the related employer portion of the applicable Taxes) to be prefunded by Seller to Purchaser.

  • Seller and its Affiliates shall retain all Liabilities related to the participation of the Transferred Business Employees in the Seller Deferred Compensation Plan prior to the Closing, provided that Purchaser shall timely provide Seller with such information as is necessary for Seller to administer the Seller Deferred Compensation Plans (including providing prompt notice of the separation from service of a participating Transferred Business Employee).


More Definitions of Seller Deferred Compensation Plans

Seller Deferred Compensation Plans means any and all of the following: the Amended and Restated Xxxxxxxxx-Xxxx Industrial U.S., Inc. Executive Deferred Compensation Plan, the Amended and Restated Xxxxxxxxx-Xxxx Industrial U.S., Inc. Executive Deferred Compensation Plan II, the Amended and Restated Xxxxxxxxx-Xxxx Industrial U.S., Inc. Supplemental Employee Savings Plan, the Amended and Restated Xxxxxxxxx-Xxxx Industrial U.S., Inc. Supplemental Employee Savings Plan II, the Xxxxxxxxx-Xxxx Industrial U.S., Inc. Key Management Supplemental Program, the Xxxxxxxxx-Xxxx Industrial U.S. Holdco, Inc. Supplemental Pension Plan I, the Xxxxxxxxx-Xxxx Industrial U.S., Inc. Supplemental Pension Plan II and the Xxxxxxxxx Xxxx Supplemental Defined Contribution Plan.
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Seller Deferred Compensation Plans means the nonqualified deferred compensation plans maintained by Seller and its Affiliates (other than the Purchased Entities and their Subsidiaries) immediately prior to the Closing.
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Seller Deferred Compensation Plans means any and all of the following: the Amended and Restated Ingersoll-Rand Industrial U.S., Inc. Executive Deferred Compensation Plan, the Amended and Restated Ingersoll-Rand Industrial U.S., Inc. Executive Deferred Compensation Plan II, the Amended and Restated Ingersoll-Rand Industrial U.S., Inc. Supplemental Employee Savings Plan, the Amended and Restated Ingersoll-Rand Industrial U.S., Inc.Supplemental Employee Savings Plan II, the Ingersoll-Rand Industrial U.S., Inc. Key Management Supplemental Program, the Ingersoll-Rand Industrial U.S. Holdco, Inc. Supplemental Pension Plan I, the Ingersoll-Rand Industrial U.S., Inc. Supplemental Pension Plan II and the Ingersoll Rand Supplemental Defined Contribution Plan.
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Seller Deferred Compensation Plans means the Voya Supplemental Executive Retirement Plan and the Voya Deferred Compensation Savings Plan, as the same have been amended or restated from time to time. “ Seller Disclosure Schedule ” means the disclosure schedule (including any attachments thereto) delivered by Seller to Buyer on the date hereof in connection with this Agreement.
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Related to Seller Deferred Compensation Plans

  • Deferred Compensation Plan means any plan, agreement or arrangement maintained by the Company from time to time that provides opportunities for deferral of compensation.

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

  • Deferred Compensation Award means an award of Stock Units granted to a Participant pursuant to Section 11 of the Plan.

  • Section 409A Deferred Compensation means compensation provided pursuant to an Award that constitutes nonqualified deferred compensation within the meaning of Section 409A.

  • Deferred Compensation Agreement means an agreement to participate and to defer compensation between a Participant and the Company in such form and consistent with terms of the Plan as the Company may prescribe from time to time.

  • Deferred Compensation Account means the account maintained with respect to each Participant under the Plan. The Deferred Compensation Account shall be credited with Participant Deferral Credits and Employer Credits, credited or debited for deemed investment gains or losses, and adjusted for payments in accordance with the rules and elections in effect under Section 8. The Deferred Compensation Account of a Participant shall include any In-Service or Education Account of the Participant, if applicable.

  • Deferred Compensation means the Compensation elected by the Participant to be deferred pursuant to the Plan.

  • 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.

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

  • Nonqualified Deferred Compensation Rules means the limitations or requirements of Section 409A of the Code, as amended from time to time, including the guidance and regulations promulgated thereunder and successor provisions, guidance and regulations thereto.

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

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

  • Buyer Benefit Plans has the meaning set forth in Section 6.10(f).

  • Seller Benefit Plans has the meaning set forth in Section 4.10(a).

  • Seller Benefit Plan means each Employee Benefit Plan sponsored, maintained or contributed to by a Seller or any of its Affiliates or with respect to which a Seller or any of its Affiliates has, or could reasonably be expected to have, any direct or indirect Liability.

  • 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.

  • Incentive Compensation Plan means any plan, agreement or other arrangement that provides for the grant or issuance of equity or equity-based awards and that is now in effect or is hereafter adopted by the Company or the Manager for the benefit of any of their respective employees or other service providers (including directors, advisers and consultants), or the employees or other services providers (including directors, advisers and consultants) of any of their respective Affiliates or Subsidiaries.

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

  • Matching Contribution means Employer contributions made to this Plan or any other defined contribution plan by reason of Thrift Contributions or Elective Deferrals under this Plan.

  • Earned Compensation means any Annual Base Salary earned, but unpaid, for services rendered to the Company on or prior to the date on which the Employment Period ends pursuant to Section 3(a) (but excluding any salary and interest accrued thereon payment of which has been deferred).

  • Company Contribution means that portion of the main extension costs which the Company will fund based upon the following formula:

  • 414(s) Compensation means any definition of compensation that satisfies the nondiscrimination requirements of Code Section 414(s) and the Regulations thereunder. The period for determining 414(s) Compensation must be either the Plan Year or the calendar year ending with or within the Plan Year. An Employer may further limit the period taken into account to that part of the Plan Year or calendar year in which an Employee was a Participant in the component of the Plan being tested. The period used to determine 414(s) Compensation must be applied uniformly to all Participants for the Plan Year.

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

  • Company Pension Plan means each: (a) Company Employee Plan that is an “employee pension benefit plan,” within the meaning of Section 3(2) of ERISA; or (b) other occupational pension plan, including any final salary or money purchase plan.

  • Seller Employee Plan means any plan, program, policy, practice, Contract or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written, unwritten or otherwise, funded or unfunded, including each “employee benefit plan,” within the meaning of Section 3(3) of ERISA (whether or not ERISA is applicable to such plan), that is or has been maintained, contributed to, or required to be contributed to, by the Seller or any Seller Affiliate for the benefit of any Seller Employee, or with respect to which the Seller or any Seller Affiliate has or may have any liability or obligation, except such definition shall not include any Seller Employee Agreement.

  • Seller 401(k) Plan has the meaning set forth in Section 5.5(e).