Examples of Seller Employee Benefit Plan in a sentence
Except as disclosed on Schedule 4.11.2, Seller has complied, and currently is in compliance, both as to form and operation, in all respects, with the terms of each Seller Employee Benefit Plan and all applicable provisions of each other Law or regulation imposed or administered by any Government Entity with respect to each of the Seller Employee Benefit Plans.
Seller has delivered to Buyer a complete and accurate copy of each Seller Employee Benefit Plan.
No Seller Employee Benefit Plan is a plan subject to Title IV of ERISA.
Except with respect to Sections 10.1(c)(ii)(D), 10.1(c)(iii) and 10.1(c)(vii), no assets held in trust for any Seller Employee Benefit Plan will be transferred to Purchaser or one or more of its Designated Affiliates or to any employee benefit plan adopted or maintained by Purchaser or any of its Subsidiaries.
If any Reportable Event occurs with respect to a Seller Employee Benefit Plan that is an Employee Pension Benefit Plan before the Closing Date, Seller shall (i) comply with any notice required to be given before the Closing Date (and shall provide Buyer a copy thereof) and Buyer shall reasonably cooperate with Seller in connection therewith and (ii) promptly notify Buyer of any notice required to be provided thereunder after the Closing Date.