Examples of Seller Employee Benefit Plans in a sentence
There is, and in the future will be, no liability to Buyer or any of its benefit plans with respect to the Seller Employee Benefit Plans.
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.
Schedule 4.11.1 contains a true and complete list of each Seller Employee Benefit Plans.
Employees’ and their dependents’ and beneficiaries’ active participation in and eligibility for benefits under the Seller Employee Benefit Plans (other than vested pension benefits) will cease at Closing.
Any reference in this Agreement to one or more Seller Employee Benefit Plans includes provisions, if any, in such plans permitting their termination or amendment and any covenant in this Agreement to provide any Seller Employee Benefit Plans shall not be deemed or construed to limit (subject to Section 6.3(a)) the right of Buyer to terminate or amend such plan in accordance with its terms.